VR language learning company, Immerse, has raised Series B funding of $9 million to invest towards expanding its team and fostering virtual education innovation. Eagle Venture Fund and Mustang Creek Capital led the round, bringing the company’s total raised to date to $11.5 million.
The company further plans to introduce a consumer-facing language learning app for the prominent virtual reality platforms in the market. Co-founder and CEO Quinn Taber believes that the fresh intrusion of capital will help the company “become the foremost educator in the metaverse.”
“Over the last four years, we’ve developed a revolutionary product that is fundamentally transforming the way languages are taught and learned,” he stated.
The platform is set to be the ‘first subscription-based education service’ within the metaverse. Its Spanish language learning program will be released in the summer of 2022. It will be followed by a French learning program and subsequent Japanese, Italian, and German programs soon.
The company was founded in 2017 and has since partnered with several top language schools worldwide. This network enables Immerse to provide VR English language learning solutions to students in European, Asian, and Latin American markets.
According to Quinn, the company has helped “hundreds of ambitious language learners” to develop foreign language communication skills virtually. Furthermore, the company has gathered a fantastic team and worked with several social impact investors.
A top priority for Immerse is to eliminate the barriers to learning and connection. Especially the pandemic has led to social isolation, which has fueled the need to find innovative ways to develop social and physical connections.
“That type of human connection is why Immerse exists,” said Christian Rowe, Co-founder and Chief Growth Officer at Immerse. “To remove the barriers to making this kind of human connection possible. We’re so excited to offer that to all the serious language learners around the world who have been stifled up until now.”
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