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Loft Dynamics raises $20M to tackle pilot shortage with VR training

TechCrunch

Loft Dynamics , a Swiss startup creating virtual reality (VR) simulation technology for helicopter pilots, has raised $20 million in funding from U.S. H125 VR simulator. Other companies are using VR simulation to tackle similar workforce shortage problems or otherwise enhance existing training programs.

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VRAI wants to tackle the energy crisis by bringing VR simulation training to offshore wind sector

TechCrunch

Virtual Reality (VR) has struggled to transition too far beyond gaming circles and specific industry use-cases such as medical training , but with the burgeoning metaverse movement championed by tech heavyweights such as Meta , there has been a renewed hope (and hype) around the promise that virtual worlds bring.

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Medical simulation platform FundamentalVR raises $20M to help surgeons learn through VR

TechCrunch

FundamentalVR , an immersive simulation platform for medical and health care professions, has raised $20 million in a round of funding to “accelerate skill-transfer and surgical proficiency” through virtual reality (VR) and mixed reality (MR) applications. Big impact. “This makes the solutions highly scalable and affordable.”

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CommonGround raises $25M for immersive video avatar technology that doesn’t rely on VR gear

TechCrunch

Like “TrueSelf Scan,” the name of the initial application that’s used to scan a person’s image, the meeting software also will not require a VR headset to use and engage with — users will be “seated” in a room that will be shown on a video screen.

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ManageXR grabs $4 million seed round to scale XR business 

TechCrunch

With the latest funding, ManageXR will support its expanding team and go-to-market strategy as the company has experienced rapid growth since becoming available to beta users in November 2019 and officially launching in April 2021. Los Angeles-based Talespin nabs $15 million for its extended reality-based workforce training tools.

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What do investors need from your problem slide?

TechCrunch

It’s the nature of entrepreneurship: Our brains are wired to keep an eye on what could be better and how that gap in the market can be turned into an opportunity. Some founders are tempted to go way into the weeds on this slide, explaining the competitive landscape, market size, customer segments, value propositions and more.

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Don’t let new hybrid workplaces keep the old systemic racism

TechCrunch

Entrepreneurs need to help get their employees into proven training programs that show the true impact of their unconscious biases. Companies that stress internal diversity are more profitable, as they can successfully appeal to more diverse markets. VR training programs. Actions speak.

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