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GeniusX raises $1.68m in seed funding round at $20m valuation

GeniusX, an e-learning, virtual reality start-up has closed a $1.68 million seed funding at a $20 million market cap.

As an indie development studio in the frenzied virtual reality ecosystem with a concentration in VR Education, the CEO & Co-Founder, Nick Janicki, says, “Our mission is to create experiences that have utility, longevity, and uplift the human spirit. Our first VR title, Retreat, is basically an immersive hero’s journey for tangible real-world skills.” Co-Founder, Lyle Maxson, adds, “We are creating the first social VR platform centered around educational influencers.”

The company’s title is Retreat, a virtual reality education application that creates interactive, immersive learning experiences with the world’s top experts in the Metaverse. With photo realistic backgrounds and real-life videos of educators, students get to choose their own virtual reality adventure through interactive learning worlds, customised group classrooms, and exquisite immersive environments.

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