Based on the partnership agreement, Shenzhen municipal will support HTC to form the China VR Research Institute and promote VR (virtual reality) development together with the establishment of the $1.5 billion Shenzhen VR Industry Fund.
Search Results for: Virtual Reality Investment Fund
Exfinity recently closed its second fund at $45m
Intel has acquired a stake in Soft Machines via buying out other investors, AI accelerator Zeroth.ai has closed funding from the Mind Fund and Russia’s IIDF is launching an AR/VR acceleration programme.
LINE has acquired a major stake in Vinclu, while geo-analytics venture Nightley and VR firm Dazzle have closed funding rounds.
The fund is founded by two serial entrepreneurs and angel investors.
LionGlobal Disruptive Innovation Fund allows the public to invest in disruptive companies
Mobile B2B marketplace Wydr, Enterprise IoT solutions startup Tyre Express and visual and interactive communications firm Ethosh have raised funds. Mobile B2B marketplace Wydr raises Series A round Mobile B2B marketplace Wydr has successfully raised second round of funding from Bessemer Venture Partners, Stellaris Venture Partners and Jungle Venture Partners. The financial details were not disclosed…. Read more »
HTC Corporation has announced a fund targeting VR investments for content and technologies that drive sustainable development.
Chinese search engine Baidu Inc on Monday launched an augmented reality (AR) lab in Beijing as part of a $200 million effort to revitalise the company’s shrinkingprofits with cutting edge technology. The lab, which currently employs 55 people, will initially aim to drive revenue through AR marketing, though will later explore… Read more »
CreditEase Wealth Management on Friday said it has raised $32.2 million in one month for its second fund focused on Israeli technology and plans to reach a total capital commitment of $50 million. Its first fund, CreditEase Israel Innovation Fund I, closed in October 2015, raising $30 million. “CreditEase Wealth Management… Read more »