Teesside’s Animmersion secures six-figure investment from UKSE to grow staff
Digital visualization specialist Animmersion has received a six-figure investment from the UKSE which will be used to hire new talent.
The Middlesbrough firm – which offers virtual and augmented reality, holograms and animation among other services – has seen 25% growth in revenue for two consecutive years, despite Covid challenges.
This is the UKSE’s second investment in 19-strong Animmersion, which has clients in a variety of sectors including engineering, healthcare, offshore, science, energy and retail .
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Sam Harrison, CEO of Animmersion, said, “We’re currently advertising for technical artists and a senior creator, but we’re always on the lookout for new talent. This second UKSE investment will help us grow our team and consider a number of growth plans, including setting up a demo space.
“Our previous investment from the UKSE dates back to 2018 and they have been a strong and supportive partner. I would encourage any business to put them at the top of their list if they are looking for financial support.”
Sarah Thorpe, UKSE Regional Manager, said: “Animmersion is one of Teesside’s real success stories operating in a high potential industry. We are very pleased to be able to support them with a second, larger investment, backed by the government-backed Recovery. It’s very rewarding to build relationships with companies and work alongside them as they grow.”
Animmersion says it has seen particularly strong growth in developing content for younger audiences that helps industries fill vital skills gaps.
Mr Harrison added: “We are working directly with Skills Development Scotland and a number of UK colleges to create content that enables young people to undertake virtual reality work experience.
“We are creating virtual reality work experience tours and also repurposing existing or newly commissioned industrial immersive trainings so that young people, parents and teachers can experience exactly what it is like to work in a whole range of industrial roles, at a level that would previously have required privileged on-site access. This approach is entertaining and engaging for audiences, highly profitable for businesses, and highly scalable.
“We are working with global car manufacturer Unipres (UK) in Sunderland on crane operator training. And recently created four interactive games for Anglo American’s educational outreach program based on their Woodsmith polyhalite fertilizer mine on the North Yorkshire coast.
UKSE is a subsidiary of Tata Steel and offers finance packages of up to £1m for businesses. Its North of England office covers Tees Valley, Derwentside and West Cumbria.