6 years ago

XR Games Secures €1.7 Million to Expand VR Games Portfolio

  • XR Games, a Leeds-based VR and AR games developer, has secured €1.7 million in funding led by Praetura Ventures, with participation from existing investor ACT Capital Partners

  • The funding will enable XR Games to expand its games portfolio through new projects with Hollywood film studios and world-famous media and entertainment companies

  • The investment will also support the company's growth in work-for-hire contracts and team expansion in Leeds

  • XR Games has collaborated with major brands like Sony Pictures Virtual Reality and Rovio Entertainment and is set to embark on several new strategic partnerships, including one with an innovative LA-based production company.

      • ProblemTechnology

      "How to scale the VR games portfolio by expanding into new projects and working with Hollywood film studios and major media and entertainment companies."

      Solution

      "XR Games will use the funding to develop new VR games and expand its team to work on work-for-hire contracts."

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