Metaverse Training Software Used by Nike Raised $18 Million

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Last Updated on January 25, 2023 by Bitfinsider

Gemba, a software company that provides corporate virtual reality training, raised $18 million in a Series A financing headed by Parkway Venture Capital. The transaction is worth $60 million.

Nike, Carlsberg, and AstraZeneca are among the companies that use VR headgear to give live, ‘life-like’ training experiences. The technology is now only compatible with Meta’s Quest VR headset, but the firm intends to expand to other popular devices, according to TechCrunch.

Putting up a masterclass through Gemba is now an expensive affair, with tuition costing roughly $7,250 each program. Enterprise subscriptions start at $120,000 a year for a 50-person team and can reach $1.2 million on a bigger scale.

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