Stellar Labs raises £1.5m to accelerate brain-friendly learning methods
Learning and development start-up, Stellar Labs, has raised £1.5m through angel investors, the Flemish Agency for Innovation and Entrepreneurship (VLAIO), Private equity firm PMV and private bank loans.
Founded by British learning expert, Stella Collins, and Belgian talent entrepreneur, Raf Seymus, this funding will enable Stellar Labs to grow to meet the demand for digital training solutions as working from home continues into 2021.
An MIT study shows that only 3% of the participants in MOOCs (Massive Open Online Courses) complete their training and 42% of employees describe their company’s training programs as “useless and boring”. (Cap Gemini & LinkedIn – Digital Talent Gap Report 2017). Stellar Labs combines neuroscience and human behaviour with technology and business to increase the effectiveness of professional training to improve business results and prepare employees for Industry 4.0.
Stellar Labs develops tailor-made learning programmes for clients, collaborates to improve existing learning methods and trains in-house experts to better educate their colleagues. In addition, Stellar Labs develops a broad range of open programs with future proof skills and capabilities for companies and individuals.
Speaking about meeting their funding goals, co-founder, Stella Collins said: “Too often companies think that new technology is the key to learning, when it is only a means. The momentous shift to remote working as a result of the pandemic has accelerated the need to evolve digital learning from an added on tick-the-box exercise to a valuable, actionable solution that businesses can be confident is worth the investment.”
Raf Seymus added: “Looking at the perspective of employees and companies is what sets Stellar Labs apart from others. There is no point investing in training initiatives or technologies if you do not have an effective method with a measurable return for the company.”