Teooh Raises €4M to Expand its Avatar-Based Virtual Gathering Platform

Teooh, a London, UK-based provider of an avatar-based virtual gathering platform, raised a new funding which brought total seed round to $4.5m.
The platform is built to enable consistent community connection without borders or boundaries. Its custom-built virtual venues let anyone from multinational corporations to small groups of friends design personalized avatars and share common spaces to meet, present, exchange ideas and foster meaningful relationships. Anyone with a mobile device can open their own venue with no VR headset required.
“Webinar platforms fail to deliver social experiences that foster genuine human connection, and ‘being in the right room at the right time’ is primarily why people attend events in the first place” said Jon Hibbins, co-founder and chief technology officer of Teooh. “The need for building and maintaining community connection remotely has always been essential, and there’s an obvious demand for tools that do more than just livestream our faces.”