Igloo Vision Case Study

SERVICE: INGENIOUS
INFRASTRUCTURE VENTURES EIS

Investment strategy

Aid the growth and development of early stage, innovative, high growth EIS-qualifying companies that will disrupt incumbents throughout the infrastructure sector.

Background

A Shropshire-based immersive software and technology company that can take any digital content and put it into a shared immersive space. The Igloo Immersive Media Player is designed to bring immersive technology easily into the reach of companies globally, with a user-friendly, plug-and-play, off-the-shelf solution. Organisations can retrofit any meeting room into an immersive workspace, also integrating with video-conferencing platforms, like Zoom and Microsoft Teams. Igloo’s software has been heavily utilised during the pandemic to connect colleagues, teachers and pupils working from different locations, bringing them together into an immersive, virtual environment.

Opportunity

Funding is being used to continue the build-out of Igloo’s software suite, accelerate the production of its recently launched Igloo Immersive Media Player and support the ongoing development of Igloo’s broad existing software suite.

Company differentiators

Early buyers of Igloo’s technology include one of the world’s leading management consultancy firms, one of the world’s largest logistics firms, and one of North America’s leading utilities players. The firm’s technology is well-suited to training, simulation, visualisation, and education, as well as events and experiences. Long-term clients currently include Accenture, Microsoft, WarnerMedia, NTT, and AECOM, many of which are using the technology to adapt to the COVID-19 pandemic.