Uptale Secures €9 Million to Revolutionize Virtual Training
Deal News | Dec 12, 2024 | GO CAPITAL SAS
Uptale, a French leader in immersive and experiential virtual reality training, has raised €9 million in a financing round. The investment is led by We Positive Invest 2, Arka Capital's impact fund, with participation from GO CAPITAL SAS through its OV4 and LVI2 funds, as well as several renowned business angels. This significant fundraising round, one of the largest in the XR Learning sector in Europe, is set to drive Uptale's international development, establishing it as a preferred format for digital field training for businesses worldwide.
Sectors
- Virtual Reality
- Education Technology
- Private Equity and Venture Capital
Geography
- France – Uptale is a French company and the fundraising involves French investors.
- Europe – The fundraising is one of the largest in the XR Learning sector in Europe.
Industry
- Virtual Reality – The article discusses Uptale's virtual reality training solutions.
- Education Technology – Uptale operates in the XR Learning sector, offering digital training solutions.
- Private Equity and Venture Capital – The fundraising involves investments from PE and VC entities like GO CAPITAL SAS.
Financials
- €9 Million – Total funds raised by Uptale in the latest investment round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Uptale | Target Company | Company | A French leader in immersive and experiential virtual reality training. |
| GO CAPITAL SAS | Investor | Company | Private equity firm participating in the funding round through its OV4 and LVI2 funds. |
| We Positive Invest 2 | Investor | Company | Impact fund of Arka Capital, leading the funding round. |
| Arka Capital | Investor | Company | Parent company of the We Positive Invest 2 fund. |