Lloyds Development Capital, a mid-market private equity house, completed the investment in Avantis, a provider of virtual reality-based learning technology to the international education market. Key Capital Partners will remain invested in Avantis. Financial terms were not disclosed. "It’s been fantastic to see so many schools globally embrace the power of virtual reality and we’re excited to be working with LDC to support our next phase of growth. LDC’s sector experience from supporting leading ed-tech businesses like Texthelp was crucial when choosing a private equity partner to support our vision," Huw Williams, Avantis Managing Director.