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Tracxn – Analyst Notes # 412 – VR Gaming

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A daily newsletter summarizing recent activity & interesting start-ups globally 

RECENT NOTABLE ACTIVITY – VR GAMING

  • Archiact Interactive a VR casual game developer raised $3.2M funding from Chinese game developer 37Games. Link
  • FOVE a VR HMD developer raised $11M in Series A funding from Colopl VR Fund, 2020 Ventures, Foxconn & Samsung Venture Investment. Link

SOME INTERESTING STARTUPS FOUND

Bolverk Games (2015, Copenhagen) is a VR game developer developing “Kittypocalypse” a tower defense VR game. Has raised undisclosed funding from Danish VC firm Capnova.
Vrwerx (2015, Los Angeles) is a VR games developer, has developed “Paranormal Avtivity VR”, a horror VR game.
Cyberith (2014, Herzogenburg) is a developer of moving platform for VR games. Users can control in-game character by moving on the platform.

LEADER BOARD – VR GAMING

Developers – Casual Games
Playful (2012, Texas, $33M) Game development studio specializing in Casual Games. Has created “Lucky’s Tale” an adventure game designed for Oculus Rift.Backed by undisclosed investors.
Resolution Games (2015, Stockholm, $6M) Game development studio focusing on creating fun casual games. Backed by Google Ventures,Creandum, Initial Capital, Bonnier Growth Media and Partech Ventures.Developers – Core Games
CCP Games (1997, Reykjavik, $66M) Developer of “Eve Valkyrie” a multiplayer space combat shooter for virtual reality. Also popular for MMORPG games such as “Eve Online”. Backed by New Enterprise Associates and Novator.
nDreams (2006, Farnborough, $6M) Developer of “The Assembly”, a story led adventure game designed for Playstation VR, Oculus Rift & HTC Vive. Backed by Mercia Technlogies.Device Manufacturers – HMDs
Oculus  (2012, Irvine, $91M, Acq.) Developer of VR Head Mounted Devices. Acquired by Facebook for $2B in March 2014.
AntVR (2014, Beijing, $56M) Developer of VR Head Mounted Devices for both PC & Smartphones. Backed by Gosun Telecom and Sequoia Capital.
Baofeng Mojing (2015, Shenzen, $45M) Developer of VR Head Mounted Devices for Smartphones. Backed by CITIC Capital Holdings,Huayi Brothers,Green Pine Capital Partners,Tian Yin Music & Aisidi.Device Manufacturers – Peripherals
LeapMotion (2010, SF, $44M) Developer of 3D motion control hardware and software using motion-sensing technology. Backed by Andreessen Horowitz, Founders Fund, SOSventures and Highland Capital Partners.
Noitom (2012, Beijing, $25M) Developer of motion capture technology for VR. Backed by Legend Capital, Guangdong Alpha Animation and Culture.
Nod Labs (2013, Mountain View, $16M) Gesture recognition and motion tracking hardware. Backed by Atlantic Bridge and Menlo VC.

Enablers
Eyefluence (2013, Milpitas, $22M) Provides eye tracking technology for HMDs. Backed by Intel Capital, Motorola Solutions, Dolby Family Ventures, NHN Investment and JAZZ Venture Partners.
Unity Technologies (2004, Frederiksberg, $17.5M) Development platform to make creative 3D and 2D content. Partnered with Oculus in Sep’14. Acquired technology companies – Mecanim in Sep’11, Applifier in Mar’14, Playnomics in Apr’14 and Tsugi in Aug’14. Backed by Sequoia, WestSummit and iGlobe.


Leader board includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest update visit VR Gaming feed.


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