July 16, 2024

TechCrunch

Transfr, a VR platform for workforce training, raises $40M

Transfr, a startup creating VR tools for training and career development, today announced that it raised $40 million in a Series C round led by ABS Capital with participation from JPMorgan Chase Impact Finance, Advisory, Lumos Capital Group, Akkadian Ventures, Spring Tide Capital, Firework Ventures and Album. The round brings Transfr’s total raised to $90 million, and CEO and founder Bharani Rajakumar says that it’ll be put toward building out Transfr’s  executive team, scaling its platform and investing in the creation of new training simulations that cover a wider range of skills and scenarios.

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