Singaporean edtech startup ACKTEC receives investment to scale an immersive learning marketplace across Asia

Singaporean edtech startup ACKTEC receives investment to scale an immersive learning marketplace across Asia

SINGAPORE, 4 August 2020; Edtech startup ACKTEC Technologies, announced that they have received investment from a prominent family office to scale ACKTEC’s new online learning product — ACKTEC KQwest, a learning marketplace that connects industrial partners that are developing accredited, immersive-learning courses with learners across Asia. The investment will accelerate ACKTEC Technologies’ growth, in line with its vision to serve 100 million learners with over 10,000 enterprise-grade learning contents.

Democratizing immersive learning for learners across Asia

Immersive learning technologies, such virtual and augmented reality, allow employees to access practical simulations where they can immediately apply their training in a safe environment. However, existing immersive learning technologies require hardware that can be costly to procure and set up. 

“Corporate learning is evolving to match the fast pace of industrialisation and digitalization in the current world of remote working. Effective learning requires applied learning in the flow of work with immersive content. The smartphone is a powerful, portable learning device that enables people to learn on-the-job, wherever and whenever they need,” emphasized Rayvan Ho, CEO of ACKTEC Technologies. “At ACKTEC Technologies, we are pioneers in developing products to democratize immersive learning, and make learning available at every employee’s fingertips.” 

ACKTEC Technologies is lowering the barrier to entry to immersive learning, making it accessible to businesses across Asia. Their new product, the learning content marketplace ACKTEC KQwest, digitalizes courses by industry partners and accredited learning institutions, and converts them to bite-sized immersive learning content, connecting them with learners looking to upskill or re-skill with training that is immediately applicable and relevant to their work demands and learning targets. Content partners currently onboarded include industry leaders such as SIA Engineering Company, NTUC Learning Hub, and MTR Hong Kong. ACKTEC is currently working with ITE Education Services to pilot courses in China.

Their flagship mobile platform ACKTEC Learn delivers engaging and immersive learning content via VR, AR and interactive 3D simulations, without requiring any expensive VR hardware. 

Helmed by a strong, seasoned management team, ACKTEC has grown quickly to serve over 605,000 active users, digitalizing 718 learning contents across 16 countries on its ACKTEC Learn platform.

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