A young man with short dark hair smiling while holding a drone transmitter in his hands in a computer room with a gaming chair and computer monitors.

StaplesVR is a pioneering immersive technology company that develops advanced virtual and augmented reality (VR/AR) training solutions across sectors such as aviation, defence, healthcare, emergency response, and high-risk industries


Why we invested

We invested in StaplesVR because they are transforming how critical industries train their workforce. Their ultra-realistic simulations provide a cost-effective, risk-free environment for highly skilled training, without needing to handle expensive and sensitive real-world equipment. 

While it might not be obvious from the outside, StaplesVR is a home for diverse creatives to thrive. Their inclusive work environment makes room for staff to perform better, creating an inherently more productive workforce.


Measuring What Matters

Portfolio Company
Fund
Te Pae ki te Rangi
Date of investment
June 2025 (Seed)
Instrument
Equity Investment
IRIS+ Category and Theme:
Diversity & Inclusion | Employment - B2B SaaS + DaaS

PROBLEM

Gender diverse and neurodiverse creatives face systemic exclusion in the tech and immersive media sectors, limiting both their employment opportunities and the industry’s creative potential. StaplesVR addresses this gap by embedding inclusive hiring, culture, and leadership into a commercially successful, innovative business model, proving that diversity drives performance.

WHAT

  • Increased inclusion and visibility of gender diverse and neurodiverse creatives in the tech and immersive media sectors.
  • Improved access to high-quality, immersive training for aviation and defence industries, contributing to workforce upskilling and safety.

WHO

  • Staples workforce: Diverse creatives in VR tech development
  • Workers in safety-critical sectors (e.g., aviation and defense) who benefit from improved training tools.

HOW MUCH

Scale: Staples employees; client base across New Zealand and international markets.

Depth: Material outcomes for diverse employees who find opportunity at StaplesVR; improved training conditions for trainees.

Duration: Long-term employment and career progression for underrepresented talent; sustained learning outcomes through VR training platforms.

CONTRIBUTION

The company represents a rare example in the pipeline where inclusivity is embedded in core business practice, not as an HR initiative, but as a driver of creativity and commercial success. Capital enables further scale and hiring, directly benefiting priority communities.

IMPACT RISK

Endurance risk: If the founders’ aspiration for an inclusive workplace aren’t codified and embedded into the company’s way of working, there is a risk that…

Transaction Summary


AR/VR Training Solutions

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