News

3rd Eye Studios secures $1m investment for VR development tools

Date Type Companies involved Size
October 10th, 2017 investment 3rd Eye Studios $1m
3rd Eye Studios secures $1m investment for VR development tools

Independent Finnish games development and technology studio 3rd Eye Studios has closed a $1 million round of funding.

The funding from main investors includes ColoplNext/ColoplVRFund, Karl Magnus Troedsson, Sisu Game Ventures Oy, GameFounders, Success (China) Limited and a group of private investors.

Tooling up

The studio will use the funds to develop its proprietary 3rd Eye Core tools and technology, whilst simultaneously building innovative, cutting edge games for VR such as Downward Spiral: Prologue.

The 3rd Eye Core toolset allows for fast and effective game design for virtual reality, PC and mobile.

Scheduled for launch to the games development community in 2018, 3rd Eye Core is currently in testing in China and Finland.

Our sister-site TheVirtualReport.biz has the full story.


Editor

Steve is an award-winning editor and copywriter with 20 years’ experience specialising in consumer technology and video games. He was part of a BAFTA nominated developer studio as project manager for the UK’s first fully interactive digital TV channel. In addition to editing TheVirtualReport.biz, Steve contributes to PocketGamer.biz, PCGamesInsider.biz and BlockchainGamer.biz, as well as creating marketing content for a range of SMEs and agencies.

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