Baobab Studios Closes $25 Million In New Funding

Virtual Reality Storyteller Behind “INVASION!” Also Broadens C-Suite, Advisory Board Baobab Studios, creator of some cutting-edge VR (virtual reality) animation entertainment, has announces the close of $25 Million in Series B funding, backed by prestigious and powerful investors in film and technology, including several returning for a second round of investment. This brings total funding to […]

HTC’s VIVE X Accelerator for Virtual Reality Start-Ups Opens Call for New Submissions

HTC is now calling for submissions to its $100 million VIVE X Acceleration program – Deadline to apply is December 1, 2016.  HTC Corporation (“HTC”) has announced its VIVE X accelerator fund for virtual reality start-ups is accepting new applicants. VIVE X is a $100 million USD fund for investment in promising VR technologies, and […]

Social VR Platform VRChat Raises $1.2 Million Seed Round

VRChat, a social virtual reality (VR) platform that allows users to create, publish, and explore VR worlds with other users around the world, announced today a Seed investment round of $1.2 million, including technology giant HTC. Participating in the round alongside HTC are Rothenberg Ventures, GREE VR Capital, and Brightstone Venture Capital. The financing will […]

THE BRIEF – VR/AR Content Creators Need More Investment

Discussions with VR and AR companies revolve around three main topics: the tech, the markets and the money, but what about the content? There has been an aggressive amount of investment already plunked down for VR and AR-related hardware and technology, pouring billions into the VR/AR industry. In the last 12 months VR/AR industry had […]

ROUNDTABLE: Where’s the Money for VR?

ROUNDTABLE is a new column where we bring together thought-leaders and innovators to discuss business, tech and development topics. For our first ROUNDTABLE – Where’s the Money for VR? we were inspired to continue the discussion from a panel I moderated back at GamesBeat LA in August, Monetizing VR. As a follow up, GBR asked several CEOs […]