Tech startup Virtway launches in UK

1 min read

At a time when much of the world is facing indefinite periods of enforced social distancing, the demand for technology to substitute face-to-face gatherings is skyrocketing.

Following a €4m fundraise, Virtway, a European tech challenger has been launched in the UK with a platform that creates 3D worlds that allow interaction and voice communication in real time through avatars.

Virtway has received a 575% month-on-month increase in demand from companies across Europe looking for personal and entertaining solutions to organise their online meetings and events.

While video conferencing platforms such as Zoom have seen user numbers and share prices rising dramatically, both businesses and organisations are now increasingly looking for solutions that go beyond meetings and even work.

Immersive events like live concerts, graduation ceremonies or virtual escape rooms used for employees to disconnect, are some of the possibilities that Virtway is looking to make available to companies around the world through its platform. Hundreds of people can participate simultaneously in the same room and thousands can be present in the same digital environment. All the activities are accessible through any device, mobile phones, tablets, PCs, Macs, etc.

Commenting José Antonio Tejedor, CEO and founder of Virtway, said, "Virtual reality technology is constantly evolving. While we previously thought of it as a tool for entertainment, people are looking for more intense, life-like experiences and interactions. We’re seeing huge opportunities to utilise Virtway in places such as events, meetings and concerts. "

Virtway is already being used by businesses such as AstraZeneca and Accenture as well as universities and institutions across Europe.