Immotion PLC (IMMO), a Manchester-based start-up backed by Irish tech entrepreneur Barry Downes, has raised £5.75 million after listing in London.
The company, which is focused on developing immersive virtual reality, was the first direct investment made by Sure Ventures, an investment company founded by Mr Downes in 2017.
Sure, which itself listed in London earlier this year, invested £500,000 in Immotion, a start-up that creates VR arcade-style game pods that are displayed in shopping malls, leisure centres and other locations.