Moonhub Secures $1.4M Investment to Advance VR Interactive Training Platform

The platform’s VR technology has been shown to enhance learning retention by up to 75%, a significant improvement compared to the 10% retention associated with more traditional classroom training programs. This innovative approach minimizes skill fade by more than 52%. Moonhub’s courses not only provide a secure and cost-effective alternative to physical training resources but also contribute to improved performance, making it a recognized leader in immersive training.

Moonhub’s recent funding of $1.4 million is seen as a pivotal moment for the company in 2024. The investment will propel Moonhub’s growth and expansion across various sectors, including insurance, security, and social care. The company’s product, ELARA, has gained acclaim for its dementia care VR training, boasting a remarkable 98% approval rating. CEO and founder Dami Hastrup expressed excitement about the transformative phase for Moonhub and emphasized their commitment to leveraging exciting new technologies to support team development globally. The positive feedback received, highlighting the impact of immersive learning on professionals and the families of care patients, fuels Moonhub’s determination to showcase the power of immersive learning in the industry.

Moonhub’s VR technology represents a significant leap forward in the realm of immersive learning experiences. With a proven ability to enhance learning retention by up to 75%, the platform surpasses the 10% retention typically associated with traditional classroom training programs. This substantial improvement is complemented by Moonhub’s innovative approach, which effectively minimizes skill fade by more than 52%.

The platform’s courses go beyond offering a secure and cost-effective alternative to physical training resources. Moonhub is establishing itself as a recognized leader in immersive training by contributing to improved performance across various sectors. This success is evident in the platform’s application of VR to simulate real-life scenarios in areas such as facilities management, security, and social care, creating a 360-degree learning environment. With a commitment to leveraging exciting new technologies, Moonhub is poised for transformative growth, particularly after securing $1.4 million in a recent venture round led by Unconventional Ventures, a Danish VC, with participation from existing investors Pi Labs and Ada Ventures. The funds are expected to supercharge Moonhub’s expansion across sectors like insurance, security, and social care, further establishing its presence as a leader in the immersive training landscape.

Moonhub’s recent funding milestone of $1.4 million marks a transformative phase for the company in 2024. This investment, led by Unconventional Ventures with participation from Pi Labs and Ada Ventures, is set to propel Moonhub’s growth and expansion across diverse sectors, notably in insurance, security, and social care.

One of Moonhub’s standout products, ELARA, has garnered acclaim for its dementia care VR training, boasting an impressive 98% approval rating. CEO and founder Dami Hastrup expressed enthusiasm about this crucial moment for Moonhub, emphasizing the company’s mission to become a recognized leader in immersive training. Hastrup highlighted their commitment to leveraging exciting new technologies to support team development globally.

The positive feedback received, particularly regarding the impact of immersive learning on professionals and the families of care patients, serves as a driving force for Moonhub. The company is determined to showcase the transformative power of immersive learning, aligning with its vision to revolutionize the industry and make a lasting impact on the way teams approach training and development.