DSI Underground has acquired Edvirt, a virtual reality-based training services provider backed by Chalmers Ventures.

Edvirt, a Sweden-based edtech developer backed by Chalmers University of Technology’s venture arm Chalmers Ventures, was acquired today by DSI Underground Smart, a subsidiary of mining systems provider DSI Underground.
Financial terms of the deal have not been disclosed. The company is set to be eventually absorbed into engineering company Sandvik, which has signed an agreement to purchase DSI in a deal anticipated to close by mid-2021.
Edvirt has developed a training platform that relies on virtual reality…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
email
Linked in