2 years ago

Luminous Group Raises £1 Million for Extended Reality Training Platform

  • Luminous Group, a Newcastle, UK-based company that provides immersive training programmes for industry using extended reality software, has raised £1 million in funding led by North East Venture Fund, supported by the European Regional Development Fund and managed by Mercia Ventures

  • The funding will be used to roll out the company's technology to a wider audience, create 10 new jobs, and launch a new marketplace where training providers can sell their own content

  • Luminous has already won a major contract from a Middle East energy company and recently opened an international office in Bahrain.

      • ProblemTechnology

      "Companies struggle to train their employees on complex equipment and procedures in a safe and effective way. Traditional methods are often costly, time-consuming, and difficult to track progress."

      Solution

      "Luminous provides an extended reality (XR) platform that allows companies to create immersive training programs in a virtual environment. This platform recreates real-life situations, including hazardous environments, in a safe and repeatable way, enabling employees to learn and practice skills without risk. The platform also allows companies to track employee progress and measure the effectiveness of their training programs."

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