12-05-2019, 04:09 AM
XR Games raises £1.5 million for new projects and staff
<div style="margin: 5px 5% 10px 5%;"><img src="https://www.sickgaming.net/blog/wp-content/uploads/2019/12/xr-games-raises-a1-5-million-for-new-projects-and-staff.jpg" width="200" height="200" title="" alt="" /></div><div><p>UK-based virtual reality developer XR Games has raised £1.5 million (~$1.95 million) from both new and existing investors to fuel new hires and the development of new projects.</p>
<p>Part of those future plans includes working alongside film studios for those new projects, as it has previously for its latest release <em>The Angry Birds Movie 2 VR: Under Pressure</em>.</p>
<p>The round was led by Praetura Ventures, an investment that the company’s director Mark Lyons says in a statement was encouraged by the studio’s track record with past partnerships and a desire to support the company as VR continues to advance.</p>
<p>“It’s our mission to provide businesses just like XR with the finance and support they need to deliver great things and that XR Games will firmly establish a foothold at the forefront of the VR gaming industry,” says Lyons.</p>
</div>
https://www.sickgaming.net/blog/2019/12/...and-staff/
<div style="margin: 5px 5% 10px 5%;"><img src="https://www.sickgaming.net/blog/wp-content/uploads/2019/12/xr-games-raises-a1-5-million-for-new-projects-and-staff.jpg" width="200" height="200" title="" alt="" /></div><div><p>UK-based virtual reality developer XR Games has raised £1.5 million (~$1.95 million) from both new and existing investors to fuel new hires and the development of new projects.</p>
<p>Part of those future plans includes working alongside film studios for those new projects, as it has previously for its latest release <em>The Angry Birds Movie 2 VR: Under Pressure</em>.</p>
<p>The round was led by Praetura Ventures, an investment that the company’s director Mark Lyons says in a statement was encouraged by the studio’s track record with past partnerships and a desire to support the company as VR continues to advance.</p>
<p>“It’s our mission to provide businesses just like XR with the finance and support they need to deliver great things and that XR Games will firmly establish a foothold at the forefront of the VR gaming industry,” says Lyons.</p>
</div>
https://www.sickgaming.net/blog/2019/12/...and-staff/