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SCOOCS secures €1m investment from business angel

Virtual event and communities platform SCOOCS has raised €1 million in investment from business angel Sebastian Loh.

The funding will be used to develop the platform further, simplifying the process of customising and building events/communities, and expanding the team.

Born from necessity in 2020 and a couple weeks before Covid lockdowns, SCOOCS (Smart Customizable, Online, Offline, Communities for Sustainability) was founded by Prof Dr René Bohnsack. He used the platform to host his own conference on the topic of Sustainability and Digitalisation to showcase those conferences can be more sustainable and inclusive. Market demand combined with years of experience in building digital platforms, including award-winning e-learning platforms, led to the commercialisation of the platform.

Unlike other offers on the market, SCOOCS is easily customisable. The platform boasts a growing client base of repeat users, and has hosted events for the likes of Samsung, Liferay and the United Nations.

Sebastian Loh decided to invest in SCOOCS after attending an event as a participant, meeting the team and confirming that both the product and market have major potential.

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