The VR software development and education company IVRE received a one million euro investment. Venture capital firm Kernel Capital announced that it will inject 1 million euros into VR software development company Immersive VR Education Ltd through Irish Bank's Core Capital Venture Capital and Suir Valley Venture Capital, followed by Irish Enterprise (Enterprise Ireland) ). Immersive VR Education Co., Ltd. has previously developed an immersive experience focused on education.

The IVRE was split and separated by the TSSG (Telecoms Software and Systems Group). The VR content provided by IVRE's platform can be used by users' schools, colleges, universities, research centers, and joint training programs to teach any subject in a virtual environment so that students can fully immerse themselves in the experience. Incomprehensible abstract concepts become easy to understand.

The team was founded by a couple David and Sandra Whelan and attracted the world's VR development elite. There are currently 20 employees in their offices in the Waterford area.

Just last month, the company also won 2 HTC Vive Developer Awards, in addition to 3 other international awards. The HTC Vive Developer Award winners are Engage Platform and Apollo 11 VR. These two experiences use NASA's audio and video materials to relive the history of the moon landing in 1969. "Apollo 11 VR" was already on-line on April 1, 2016, selling more than 50,000 copies on the Oculus and Steam platforms.

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