235%

OTHERWORLD is the UK's most popular VR experience. Over 80,000 people have experienced their innovative, multi-sensory technology and travelled into the future of arts, wellbeing and gaming. After success in London, the national takeover has begun.

  • Site revenue of £213k Oct '21 (Site EBITDA £68k, Group Rev £230k, EBITDA -£64k)
  • Raised £3.7M to date from leading investors Edge and Imbiba
  • Featured by BBC News, The Times, Vogue, Evening Standard
  • Average 80% occupancy, open everyday, 9+ hours a day and 80 NPS since June

Idea

Step into your 4D-enabled Immersion Pod and blast off to a jaw-dropping island metaverse to explore with friends and family. As the sun warms your face, the wind blows your hair and the ground quakes beneath you, discover an ever-changing range of mind-blowing VR experiences.

Back in the real world, spend the DreamCoin you earned in-game on our premium bar menu, and share photos and videos of your journey with your friends.

OTHERWORLD leads the UK location-based VR market, forecast to reach $10bn+ globally by 2023. Our first venue smashed expectations:

• Celebrity guests including Adele, Skepta, Fnatic, Jonathan Ross, Tom Blomfield (Monzo Founder) — and Judge Rinder on a VR blind date

• Thousands of 5* customer reviews

• Won 'Entertainment Venue of the Year' (FRAME Awards) and nominated Finalist for 'Out-of-Home Experience of the Year' (VR Awards 2020, global)

Despite the global pandemic, in 2021 we attracted top talent, over doubling our headcount to 57; we invested in new locations, nearly tripling our immersion pod footprint; and soon our first site outside London will open: OTHERWORLD Birmingham.

We've built a profitable, scalable product loved by a large and diverse group of customers. Your investment will drive OTHERWORLD's pivotal next stage of growth to double our Immersion Pod base again, launch a franchise program and invest in exclusive new content and metaverse features.

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OTHERWORLD has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

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