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Otherworld

Short Summary

World-leading virtual reality experience. Proprietary multi-sensory VR pod technology. First site profitable after backing from leading leisure VC. Targeting 10x valuation growth in 18 months. £1.2M raised so far. EIS approved.

Overview

Target
£700,000
Minimum
£5,000
Investment Raised
£450,000
Previous Rounds £1,000,000
Stage Profitable
Investor Role Any

Highlights

  • First site in Hackney 90% occupied - open 13 hours a day, 7 days a week
  • £1.5M run-rate revenue + £335K EBITDA from VR experiences, food and drink
  • Partnerships with leading IP including Westworld, Bjork, Doctor Who
  • Rave reviews from international press incl. BBC, The Times, Time Out, Vogue
  • £1.2M raised in round led by Imbiba, a leading leisure VC
Please note: The content of this promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested. Investors should carry out their own due diligence and take professional advice where necessary.

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