VR

• VRChat Raises USD$10m (£8.13m); AppLovin Invests in Belka Games

  1 week ago News

  

  TheGamingEconomy Daily Digest brings you the trending business stories in gaming. In today’s edition: VRChat raises USD$10m (£8.13m) in Series C funding; AppLovin invests in Belka Games; and unionised Nexon staff rally against project cancellations and restructuring. VRChat raises USD$10m (£8.13m) in Series C funding VRChat, a virtual reality social platform, has closed a Series C funding round worth USD$10m (£8.13m), with the funds to be used in expanding the platform and for recruitment purposes. Existing investors HTC, Brightstone VC and GFR [...]

• Final Oculus VR founder leaves company; Stillfront Group net revenue increases by 46%

  1 month ago News

  

  TheGamingEconomy’s Daily Digest brings you the trending stories in gaming. In today’s edition: Final Oculus VR founder leaves company; Stillfront Group net revenue increases by 46%; and Echo Fox expelled from LCS. Final Oculus VR founder leaves company Nate Mitchell, the final founding member remaining at Oculus VR, has left the company. Five out of six of the firm’s co-founders have now left since Oculus was acquired by Facebook for USD$2bn (£1.66bn) in 2014. The sixth, Andrew Reisse, was tragically killed in [...]

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