HomefundingSimworx Receives Funding from Midven

Simworx Receives Funding from Midven

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Simworx, a Kingswinford, UK-based supplier of simulation technology for the entertainment industry, has received funding from Midven, through its Exceed – Midlands Advantage fund.

The company intends to use the funding, whose amount was not disclosed, to expand its development and sales operations.

Simworx, which has provided media-based installations to theme parks and visitor attractions across the UK, recently secured contracts including supplying a 49-seat 4D motion theatre in Indonesia, and a 4D special effects, motion simulation attraction at a major science museum in Denmark – which sprays water, bubbles and air onto its audience, as part of the “Edutainment” experience. The company has also won a contract to supply its new product, the “Immersive Tunnel” to a theme park near Rome. The tunnel is a 90-seater moving “tram” which immerses riders with a 360 degree 3D projection system and a custom-made 3D film.

For this reason, Simworx also created six jobs in its sales, project management and engineering departments.

The company already had provided simulation and 4D technology to Drayton Manor Theme Park, The Beatles Story, in Liverpool, the London Science Museum, and two
attractions in the major French Theme Park, Futuroscope, and sold 3D and 4D cinemas to Turkey, Cyprus and Vietnam.

FinSMEs

25/04/2012

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