4 years ago
Otherworld Secures £2.9M Funding to Expand VR Experiences
Otherworld, a London-based virtual reality experience provider, has raised £2.9 million in funding
The round was led by Edge Investments, with participation from Imbiba and industry veterans Chris Lee and Rupert Loman
Otherworld intends to use the funds to enhance its VR experiences and expand its content across the UK and internationally
The company has already opened a location in Shoreditch and plans to expand to Victoria and Birmingham this summer, with further locations in Manchester, Leeds, and Glasgow planned over the next 12 months
Otherworld is also recruiting franchise partners in Germany and the United States.
ProblemTechnology Infrastructure
"Existing VR experiences are limited to a single user and lack realistic immersion, making them less engaging for the general public."
Solution
"Otherworld offers a unique multi-sensory VR experience for groups, integrating 360-degree heat, wind and rumble effects, to deliver a more immersive and enjoyable experience."