London-based startup Moonhub has raised £2m in seed funding for its virtual reality (VR) employee training software.
Moonhub sells VR headsets and off-the-shelf training software, along with bespoke solutions that can integrate with an organisation’s existing learning management system.
It aims to provide a modern alternative to workplace learning with fully immersive VR training for a variety of sectors.
Clients using Moonhub’s virtual training platform currently include takeaway delivery firm Just Eat, as well as private home care company Anglian Care.
By creating an immersive simulation of the area of training, Moonhub believes practical knowledge can be passed on to employees more efficiently. Its training software can also provide performance analytics of employees’ progress to companies.
Moonhub claims to improve both recruitment and employee retention at a time when many firms are struggling with resignations.
The actual process of undergoing training through Moonhub is not unlike a VR video game. Employees are placed in a virtual environment and can score points by completing work-related tasks efficiently.
“Our patent being filed five years ago shows that Moonhub has always had a laser-focused vision on what VR training in the workplace should look like,” said Moonhub CEO Dami Hastrup.
“As we grow our client list and move to expand our off-the-shelf training library, we’re thrilled to grow our team in our pursuit to solidify ourselves as a go-to name in the VR training space.”
The £2m seed funding round was led by Pi Labs, with participation from Ada Ventures, 1818 Venture Capital and a series of angel investors.
“The future of the workplace is still one of the most speculative aspects of the built environment,” said Pi Labs founder and CEO Faisal Butt.
“From our perspective as proptech investors, the evolution of workplace strategies will require businesses to identify skills gaps and develop targeted training strategies for geographically dispersed workforces.”
“The fact that Moonhub can be deployed across multiple sectors, to accelerate onboarding, improve performance and enhance soft skills, means that the market for this in the years to come will be seismic.”
Last month Pi Labs launched a $90m proptech fund.