@ForbesTech @SolRogers @Oxford_VR_Ltd | Inside VR - February, 13th 2020 | Inside.com

Inside VR (Feb 13th, 2020)

@ForbesTech @SolRogers @Oxford_VR_Ltd

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2. VR therapy start-up Oxford VR has secured a landmark funding round of $12.5 million. Led by Optum Ventures and supported by Luminous Ventures, the sum is the largest investment funding for VR therapy in the UK and Europe to date. Founded in 2017, the company is a spinout from Oxford University’s Department of Psychiatry and builds on two decades of research by Professor Daniel Freeman investigating VR’s potential to create automated psychological treatments. Oxford VR’s first clinical trial for fear of heights, which was published in The Lancet Psychiatry, showed how automated VR therapy can produce large clinical benefits. The trial also demonstrated automated VR therapy’s potential to transform mental healthcare by helping overloaded providers expand access to standardized clinical treatments. – FORBES

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