VR Studio Behind Movie Tie-in Games Aims to Kick-start Original IP with $2M Investment
UK-based VR studio XR Games, known for its recently released Zombieland VR game, announced this week that it has raised an additional £1.5 million (~$2 million) investment to expand its studio with 20 new jobs and a focus on original IP. XR Games has made a business out of building VR games as movie tie-ins. […]

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Road to VR & Ben Lang

20. August 2021
A VR Newcomer Just Raised $7 Million to Build Social VR Games
VR developer ForeVR Games today announced it has raised an additional $7 million in seed capital, bringing its total capital raise to $8.5 million. The studio is focused on bringing classic real world games—like bowling—into VR with an emphasis on social play. Having launched in 2020, ForeVR is a newcomer to the VR space; the […]

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Road to VR & Ben Lang

19. August 2021
Rezzil Secures $2.75M Investment for Oculus Quest Sports Training App ‘Player 22’
Rezzil, a UK-based VR sports training and analytics startup, announced that its secured an investment round of over £2 million (~$2.75 million), which will be used to promote its new consumer-focused sports training platform, Player 22. Rezzil’s investors include soccer professionals Thierry Henry, Gary Neville, Vincent Kompany, Michail Antonio, Tyrone Mings, and Anthony Watson. According to […]

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Road to VR & Scott Hayden

26. Juli 2021
Haptic VR Glove Company HaptX Raises $12 Million in New Funding
HaptX, the company building VR gloves with advanced haptics, this week announced that is has raised $12 million in a Series A-1 investment which will be used to open a new headquarters based in Redmond, WA, and expand its team. HaptX is building perhaps the most advanced haptic VR glove to date, offering one of […]

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Road to VR & Ben Lang

23. Juli 2021
VR Content Revenue Grew by 30% in 2020, Becoming Media’s Fastest-growing Market
Virtual reality gained impressive ground in 2020, a recent PwC study finds. Global VR content revenues reportedly increased by around 30% year-over-year, beating out film, traditional video games, and music. As reported by Protocol, VR’s global content revenue is estimated to be around $1.8 billion, or 31.7% more than in 2019—making it the fastest-growing media […]

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Road to VR & Scott Hayden

14. Juli 2021
Resolution Games Secures $25M Series C Funding, ‘Demeo’ Surpasses “multi-million dollars” in Revenue
Resolution Games, the studio behind popular multiplayer VR titles Demeo (2021) and Blaston (2020), today announced it has secured a Series C funding round of $25 million. The Stockholm-based company says the investment will be used to bring “proper live games to the industry and expand their ability to innovate across both VR and AR […]

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Road to VR & Scott Hayden

Osso VR Raises $27M Series B to Expand Its VR Surgical Training Platform
Osso VR, the creators behind the immersive surgical platform, today announced its secured $27 million in Series B financing. The funding round was led by GSR Ventures, with participation from Signalfire, Kaiser Permanente Ventures, OCA Ventures, Scrum Ventures, Leslie Ventures, and Anorak Ventures. According to Crunchbase, this brings the Silicon Valley-based company’s overall outside funding […]

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Road to VR & Scott Hayden

7. Juli 2021
‘Wraith: The Oblivion VR’ Studio Fast Travel Games Raises $4M Investment
Fast Travel Games, the Sweden-based VR developer and publisher behind titles such as Wraith: The Oblivion – Afterlife (2021) and Apex Construct (2018), today announced a new investment worth $4 million. Brightly Ventures, a Nordic early-stage tech investment firm, led the round, and includes existing owners Industrifonden, Creades, and Inbox Capital. According to data provided by […]

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Road to VR & Scott Hayden

1. Juli 2021
‘VRChat’ Secures $80M Series D Funding to Create its Own Digital Economy
VRChat, the popular social VR platform, announced its secured a Series D funding round of $80 million, which brings to the startup more than five times its overall lifetime investment. The round was led by Anthos Capital, alongside participating investors Makers Fund, GFR Fund and others. According to Crunchbase, this brings VRChat’s overall outside investment to […]

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Road to VR & Scott Hayden

28. Juni 2021
‘VRChat’ Secures $80M Series D Funding to Create its Own Digital Economy
VRChat, the popular social VR platform, announced its secured a Series D funding round of $80 million, which brings to the startup more than five times its overall lifetime investment. The round was led by Anthos Capital, alongside participating investors Makers Fund, GFR Fund and others. According to Crunchbase, this brings VRChat’s overall outside investment to […]

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Road to VR & Scott Hayden