Enterprise 100 invest in Future Visual
We are delighted to announce that we have received £400,000 in early stage investment to deliver multi-user, multi-device (VR, AR, desktop and mobile) collaboration and training, congratulations to the whole team at Future Visual. Have a look at the press release below to find out more about our new shareholders.
Future Visual announces £400,000 in early stage investment to deliver multi-user, multi-device (VR, AR, desktop and mobile) collaboration and training.
Led by Enterprise 100, the funding will be used to further develop Future Visual’s platform VISIONxR™ enabling multi-device immersive learning and collaboration for large businesses.
Brighton, Oct. 14, 2019 — Future Visual, the creators of multi-user, multi-location, multi-device, platform VISIONxR™, today announced £400,000 in early stage investment by members of Enterprise 100, the private angel investment club operating within London Business School. The investment is led by John Bates, a Fellow in Strategy and Entrepreneurship at London Business School, who now chairs the board of Future Visual. The capital will be used to scale sales and marketing to reach more sectors and geographies as well as to further develop the VISIONxR™ platform.
The funding comes during a successful year for Future Visual, with key existing customers commissioning additional licences and content and new clients signing up. Future Visual’s platform VISIONxR™ enables users to work and learn together collaboratively in an immersive space using any device: VR, AR, desktop and mobile. Particularly relevant for high risk, high value scenarios that are either prohibitively expensive or physically impossible to recreate in the real world. VISIONxR™ reduces the cost and time of travel and enables increased retention and engagement for training and learning.
“The E100 syndicate and I are hugely impressed by Tim and Iestyn’s experience and commitment to delivering high value solutions to demanding customers today as well as their clear vision of where the technology can continue to add value in the future. After investing in and Chairing early stage Technology businesses for the last 20 years from Multimap to Chattermill, I am always looking to support great teams and great platform technologies with the potential for rapid growth and Future Visual meets all my criteria – a rare and exciting combination that we feel confident will deliver an industry defining result.”
Chairman and shareholder,
VISIONxR™ platform is available as a single licence product where users upload their own content and set up collaboration sessions across all devices. VISIONxR™ Plus includes the platform licence plus Future Visual develop and create bespoke immersive content to meet business specific training and collaboration needs.
All the team at Future Visual are delighted to welcome our new shareholders and we look forward to drawing on their extensive knowledge and experience. We are hugely excited about the opportunity for collaboration and removing the barrier of distance using our platform VISIONxR™, we look forward to building it into the leading immersive enterprise collaboration platform for driving efficiencies and effectiveness.
CEO and Co-founder,
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About Future Visual
Future Visual, founded by Tim Fleming and Iestyn Lloyd in 2015, is an award-winning VR & AR studio based in Brighton, UK. Their product VISIONxR™ enables immersive training and learning with the added benefit of global collaboration; multiple users can simultaneously access the platform from using VR, AR, desktop of mobile. Future Visual was set up to build immersive enterprise applications specialising in training, collaboration and behaviour change. Early adopters of Future Visual’s technology include IATA (the International Air Transport Association) and rLoop a hyperloop engineering team. Learn more at www.futurevisual.com.
About Enterprise 100
Enterprise 100 or “E100” is the private angel investment club operating within London Business School; one of the longest-running investment groups in the UK. The group reviews and invests in opportunities arising from within and beyond the School’s networks and generally sees these ahead of other groups in the region being one of the criteria for a business to be selected to present to ensure the Club’s exclusivity. Interesting businesses funded by the group include iglu.com, now a £200m turnover travel business and Natural Motion, a gaming graphics business sold to Zynga for $527m. E100 is an integral part of the London Business School entrepreneurship ecosystem which includes a business incubator, a VC fund manager and numerous clubs and events which connect the international entrepreneurial activity of the School, its students and alumni. For more information on E100 visit enterprise100.co.uk