HTC VIVE & Epic Video games make investments $3.5M in VR manufacturing studio Wevr

June 5, 2024 – HTC VIVE and Epic Games have at present introduced a brand new USD $3.5 million funding spherical in Wevr, a improvement and manufacturing studio that has launched quite a lot of digital actuality (VR) experiences for manufacturers and skills, together with Harry Potter, Run the Jewels, Jon Favreau, and extra.

What does Wevr do?

Based mostly in Los Angeles, Wevr develops immersive experiences and is understood for mixing cutting-edge expertise with artistic storytelling. The corporate’s initiatives cowl a number of mediums together with VR, and vary from the critically acclaimed underwater journey, TheBlu, to collaborative ventures like Harry Potter VR, Waves by Reggie Watts, Jon Favreau’s Gnomes & Goblins, and extra.

The corporate’s co-founders, together with Neville Spiteri, Anthony Batt, and Marcel Samek, carry expertise from work at main studios, and collaborations with multinational firms comparable to Google, Samsung, and Common.

“The worth-add of partaking demanding followers and model communities with interactive immersive experiences is extra evident than ever,” stated Neville Spiteri, Wevr Co-Founder and CEO. “We had been pioneers within the house with the primary era of headsets, and are excited to guide on this subsequent wave and produce essentially the most compelling experiences for leisure and non leisure manufacturers alike.”

What’s going to Wevr use the funding for?

The brand new funding spherical will allow Wevr to increase its Digital Studio expertise and improve its real-time 3D manufacturing capabilities with a view to proceed constructing immersive experiences for followers worldwide. HTC VIVE acknowledged that the funding underscores its personal aim of fostering a wholesome and accountable XR ecosystem, of which a core pillar is artistic studios like Wevr, in response to HTC.

Commenting on the funding, Cher Wang, CEO of HTC Corp, stated: “Wevr is an extremely artistic firm with a command of XR expertise. They’re those to beat on this house. We share the founders’ mission and keenness for creating prime quality spatial content material and bringing immersive experiences to the following degree on premium XR methods.”

HTC famous that as digital and augmented actuality applied sciences proceed to evolve, its help for platforms like Wevr will assist to make sure that “the way forward for VR is not only interactive, however really transformative for folks world wide.”

For extra data on Wevr and its digital studio platform for real-time 3D builders, please go to the corporate’s website.

Picture credit score: HTC VIVE / Wevr