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Razer establishes $30 million investment arm zVentures for VR, Android games and other tech ventures

Razer establishes $30 million investment arm zVentures for VR, Android games and other tech ventures

Hardware manufacturer Razer has launched a new $30 million investment fund called zVentures.

The fund will invest money into a variety of companies, with a particular interest in AR/VR, eSports, software, analytics and the Internet of Things.

$5 million of the fun is specifically set aside for VR-related companies, with another $5 million kept aside for Android game publishing.

Razer has its own vested interest in both VR and the Android market, with its own OSVR headset, and having acquired Ouya in July 2015.

A helping hand

"Razer has a long history of supporting partners, third-party product and business development," said Razer co-founder and CEO Min-Liang Tan.

"The cumulative benefit of those initiatives over the past decade has been very positive and significant. zVentures promises to take the sensibilities of our ventures work forward with far greater reach and impact."

As well as providing investment, Razer will give studios their own expertise in supply chain management, sales and marketing, and raising capital in order to help the fledgling companies out.

Companies and developers looking to take advantage of the fund can pitch their product on the zVentures website.

[Source: VentureBeat]


Former Editor

Ric was formerly the Editor of Pocket Gamer and the Deputy Editor of PocketGamer.biz. He still pops up time to time to review games.

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