Manzalab Group
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Manzalab Group - overview
Established
2010
Location
Paris, -, France
Primary Industry
Software
About
Manzalab Group focuses on developing innovative digital and immersive experiences, primarily using virtual reality (VR) and serious games to enhance training and communication in various sectors. Founded in 2010 in Paris, France, Manzalab Group specializes in creating immersive digital experiences. The firm has pursued innovative strategies aligned with advancements in VR technology. The founder, Vincent Berlioz, has a history of involvement in the tech industry.
Manzalab raised EUR 1. 50 million in October 2018 from Educapital and Move Capital, bringing their total amount raised to EUR 1. 50 million and their current valuation to EUR 10. 235 mn.
Manzalab specializes in creating innovative digital and immersive experiences aimed at enhancing training and communication through virtual reality (VR) and serious games. Their offerings include applications like "Journey into the Heart of Evolution" for educational purposes, and platforms such as Teemew VR for collaborative experiences, targeting learner engagement and effective communication across distances. They serve various clients, including Orange and SFR, expanding their reach in France and internationally within the business and educational sectors. In the most recent year of 2016, Manzalab reported a revenue of EUR 1,613,970.
50 and an EBITDA of EUR 234,930. 50. The company generates income through partnerships and direct business-to-business transactions, focusing on licensing their products such as SFR SMART and SFR VR School, which are tailored training solutions for corporate and educational clients. Manzalab Group plans to leverage recent funding of EUR 1.
50 million raised in October 2018 to develop new products and expand into additional markets. They aim to introduce new applications and services that enhance digital learning experiences, targeting growth within Europe and potentially other regions by 2025. This funding will support their initiatives to innovate and broaden their client base, further establishing their presence in the digital training industry.
Current Investors
Educapital, Move Capital
Primary Industry
Software
Sub Industries
Education & Training Services, IT Security/Cybersecurity, Analytics & Performance Software, Education & Training Software, Gaming, Monitoring & Security Software, Multimedia & Graphics
Website
www.manzalab.com
Verticals
EdTech
Company Stage
Early Stage
Total Amount Raised
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