Talespin, a proprietary extended reality (XR) platform, announced that it has received an undisclosed amount of strategic investment from WestRiver Group (WRG). As part of the agreement, Talespin acquired the “Pioneer Adaptive Learning” platform from Singularity Group, as well as its team of employees and advisors. In addition, Erik Anderson, founder, and chief executive officer of WRG, will join Talespin's board of directors.

The company intends to use the funds, its new acquisition, and its relationship with the Singularity Group to build an ecosystem to support immersive learning solutions. 

Launched in July 2021, Pioneer Adaptive Learning platform offers a neuroadaptive training program for retail employees. Its proprietary solution combines VR with innovations in neuroscience, to develop personalized programs for employees to develop skills such as empathy in diversity and inclusion, customer service and sales, and machine operation.  

Analyst QuickTake: The strategic investment from WestRiver Group follows its USD 20 million Series C raised in February 2022, to scale its platform with a focus on its 2015 company vision for learning in the metaverse. It also launched the Talespin Partner Program in March 2022, in partnership with strategic investor Accenture through its Project Spotlight program. Moreover, it is notable that the acquisition differentiates Talespin’s offering (pertaining to empathy in diversity and inclusion) in the Extended Reality space since its competitors mainly focus on hard and soft skills (e.g. decision-making, problem-solving) training.