BODYSWAPS raises $470,000 in new funding

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Virtual reality developer BODYSWAPS has noted an acceleration in the shift toward technology training and education tools in recent months and plans to meet this demand with £470,000 in new funding

Quick read

➨ BODYSWAPS will use the £470,000 in funding to fuel the creation of new products and meet the demand for soft skills training solutions from corporate higher education customers
➨ Haatch, Ufi Ventures and D Moonshots are the latest investors in BODYSWAPS, whose soft skills training platform and content library boast the unique selling point of allowing trainees to ‘swap’ roles and undertake experiences from multiple viewpoints
➨ Another BODYSWAPS investor, Vive X, the investment arm of HTC Vive, revealed in June that it has nearly doubled the value of its investments in immersive technology developers over the past four years

The story

UK-based BODYSWAPS has raised £470,000 in funding to fuel the creation of new products and meet the demand for soft skills training solutions from corporate higher education customers.

Haatch, Ufi Ventures and D Moonshots are the latest investors in BODYSWAPS, whose soft skills training platform and content library boast the unique selling point of allowing learners to ‘swap’ roles and undertake experiences from multiple viewpoints.

Earlier this year, BODYSWAPS and not-for-profit the Humanitarian Leadership Academy (part of Save the Children UK) released Safeguarding VR, a new training experience that puts learners in the middle of a conversation about workplace sexual harassment, and tasks them with observing, making choices and—ultimately—participating in a conversation with a survivor of an incident.

BODYSWAPS has noted an acceleration in the shift toward technology training and education tools in recent months and plans to meet this demand with its new funding.

Christophe Mallet, chief executive officer of BODYSWAPS, said: “We’re living a pivotal moment for the L&D industry and we have a unique opportunity to build the future of what it means to learn, to give everyone a chance to unlock their full potential and make the workplace more humane.”

Another BODYSWAPS investor, Vive X, the investment arm of HTC Vive, revealed in June that it has nearly doubled the value of its investments in immersive technology developers over the past four years.

Enterprise or corporate training is a particular focus for Vive X, whose portfolio company Talespin, another developer focusing on soft skills training, secured $15 million in series B funding in March.

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Main image: A scene from Safeguarding VR

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