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Gumi partners with EUVR to bring VR investment to European developers

Spreading the wealth
Gumi partners with EUVR to bring VR investment to European developers
Date Type Companies Involved Size
Jan 20, 2017 partnership EUVR Gumi Inc. Not disclosed

Japan-based mobile games publisher Gumi has partnered with non-profit organisation EUVR to bring its VR Strategic Initiative to European developers.

The EUVR works to help connect European VR developers with others in the community and provide additional resources to help them develop their games.

By partnering with Gumi, the EUVR members will be given better access to investment opportunities and incubation programs from Asia that would previously have been much harder to access.

Breaking new ground

"This past year has been tremendously successful for Gumi as we’ve broken new ground in the VR industry," said Hironao Kunimitsu, CEO of Gumi Inc.

"Our partnership with EUVR is the next step toward our vision of being a global leader in virtual reality and working closely with innovative developers in the European region."

Gumi has been investing in VR funds throughout 2016, including contributing to the $50 million Venture Reality Fund. However, it has also shuttered a number of its Western studios in April 2016.