List of VR Investment Funds
With the increasing number of startups investing in virtual reality with all their brilliant ideas for the future of VR, comes a great focus on finances involved in the pursuit of giving VR experiences fit for anyone. In building a company for a specific goal – VR here for example – money must come as a necessity in order to achieve their objectives. Some other third-party companies, especially in the game and entertainment industries, have seen the bright future of VR, and became interested in investing for virtual reality. As a result, these companies, called venture capital (VC) firms, have thought of putting their own funds into VR startups to make an investment in the booming future of VR.
Numerous groups in the said industry has pledged huge sums of money for investing in virtual reality. As VR is seen to become a multi-billion-dollar industry by 2020, these companies see the great potential of VR in the near future. We list down some of the VC groups and organizations that have tapped into virtual reality.
Establishing itself as a venture capital firm, Andreessen Horowitz was founded in 2009 in Menlo Park, California. It has a diversified portfolio of investments, and with the recent boom of virtual reality it has responded to the industry by giving funding to some VR startups. Last year, the investment firm has funded Improbable, a UK-based VR startup specializing in large-scale virtual reality, with a $20 million investment.
CCP Games is an Icelandic game developer company, notable for the popular massive multiplayer online (MMO) game EVE Online. An independent game developer, CCP Games was founded in 1997, and has established itself as a strong player in the game industry. Aside from being a game developer, it has also recently invested in virtual reality with $30 million of dedicated funding for internally developing its own VR experiences.
Colopl Inc. is a Japanese mobile game developer company based in Tokyo, founded in 2008. It has the largest single sum of investment dedicated for virtual reality, amounting to $50 million. Called the Colopl VR Fund, this investment fund is entirely focused for companies which needs funding for the development of VR headsets, games and other VR content, as well as for tools and equipment needed for the distribution of VR media.
Based in San Francisco, Presence Capital is an early-stage investment firm focusing solely on developing VR and AR startups. It is a new entry in the VR investment funds, launched in December 2015. It has an initial funding round amounting to $10 million, with some beneficiary companies include game developer Harmonix, Baobab, and Waygo.
For more information on VR investment funds, please visit the following websites: