# Cooperative Innovations

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cooperative-innovations

- Industry: Software
- Headquarters: Leeds, UK
- Website: www.coopinnovations.co.uk
- Total disclosed funding: $0.7M
- Latest round: Seed (Oct 24, 2018)
- Investors on record: 2

## About

Cooperative Innovations Ltd is a technology company focused on developing advanced tools for immersive virtual environments and cultural exhibitions, catering to educational institutions and cultural organizations.Founded in 2016 in Leeds, UK, Cooperative Innovations Ltd specializes in creating innovative digital solutions for cultural engagement. The company has not undergone any significant pivots or changes in its operational strategy. Simon Barratt serves as both the Founder and CEO, overseeing the company which has successfully completed one deal. The latest funding round occurred on October 24, 2018, with a Seed investment of GBP 510,000 from investors including Ascension Ventures and Trend Investment Group, bringing the total amount raised to GBP 510,000 and valuing the company at GBP 2.688 million.Cooperative Innovations specializes in the development of tools and products that facilitate the creation of immersive virtual environments and cultural exhibitions. Their flagship offerings include KERNL, a platform for high-quality, scalable virtual experiences, and Curatours, which enhances access to cultural exhibitions via mobile, web, or VR interfaces. Their target customers, including educational institutions and cultural organizations, benefit from innovative solutions that expand outreach and engagement, with deployments across North America, Europe, and Asia.Cooperative Innovations generates revenue through direct sales and tailored subscription models for clients, including educational institutions and cultural organizations. Clients access KERNL and Curatours through annual subscriptions that provide ongoing content updates. Additional revenue comes from one-time project fees for custom virtual environments and curated exhibitions, supported by partnerships with museums and cultural institutions that involve negotiated terms for exclusive content access. Pricing structures align with client needs based on service scope and customization.Cooperative Innovations Ltd plans to leverage the recent Seed funding of GBP 510,000 raised in October 2018 to further develop new products and expand into additional markets. The company aims to announce upcoming tools designed to enhance user engagement with cultural content and is targeting expansion into the Asia-Pacific region by 2025. The funding will support product development and market entry strategies, ensuring alignment with evolving client demands.

## Funding rounds

- Seed, Oct 24, 2018, $0.7M — Ascension Ventures, Trend Investment Group

## Investors

- Ascension Ventures (https://capitalatlas.ai/funds/ascension-ventures) — Seed
- Trend Investment Group (https://capitalatlas.ai/funds/trend-investment-group) — Seed