News

Chinese Global VR Challenge runner-up Mirage Interactive raises $1.5 million

Date Type Companies involved Size
August 2nd, 2016 investment Mirage Interactive
WiSTONE Wireless Entertainment
$1,500,000m
Chinese Global VR Challenge runner-up Mirage Interactive raises $1.5 million

Beijing-based VR developer Mirage Interactive has raised $1.5 million in funding.

SongeHe Capital and mobile developer Wistone, Mirage's parent company, were the main investors in the company. The studio recently launched its first game, Heroes of the Seven Seas.

A new dimension

"Advanced technologies and sophisticated VR gaming devices are enabling an entirely new dimension of immersive gameplay experience," said Mirage's founder and CEO, Ke Wong.

"We're passionate about helping to drive the innovations taking place in this emerging segment, which is projected to be an $80 billion market by 2025."

The studio came second in the recent Global VR Challenge, created by Steel Media in association with VR firm DeePoon, where it impressed judges with its naval combat and exploration.

[Source: VentureBeat]

Editor

Ric is the Editor of PocketGamer.biz, having started out as a Staff Writer on the site back in 2015. He received an honourable mention in both the MCV and Develop 30 Under 30 lists in 2016 and refuses to let anyone forget about it.

Comments

No comments
View options
  • Order by latest to oldest
  • Order by oldest to latest
  • Show all replies