VR Training Startup Gemba Raises $18M
Gemba, a virtual reality corporate training platform, secured $18 million in Series A funding in a round led by Parkway Venture Capital according to a release shared by TechCrunch.
🧐 Wait, What?
Gemba (現場) translates to 'the real place', and Gemba's VR technology strives to help companies give their global workforces access to training from any location. Gemba has had behemoths like Nike and Amazon on the platform, and their VR offering helps enterprises train workforces across various locations in immersive learning programs, including simulated walks through a factory floor, plus other live training events.
❗ Why It Matters
The fundraise will be used to expedite Gemba's growth both in the North America market.
Interest in VR has been mixed in 2023, with Animoca Brands making a small investment (100M ¥ / $780K USD) in Japanese metaverse startup Psychic VR Lab.