Tech Company Financing Transactions
XR Games Funding Round
XR Games secured a $7 million funding round on 7/11/2022. Investors included ACT Media Ventures, Maven Capital and Praetura Ventures.
Transaction Overview
Company Name
Announced On
7/11/2022
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to grow its team, to move to a larger studio in the city centre, as it invests in intellectual property (IP), to develop new games, and research into VR and augmented reality (AR) technologies.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
The Drying House, 471 Kirkstall Rd
Leeds, LS4 2QD
UK
Leeds, LS4 2QD
UK
Phone
Undisclosed
Website
Email Address
Overview
Operator of a game development studio intended to offer mobile and arcade Virtual Reality games development. The company's studio develops a wide range of games that offer a 3D gaming experience with virtual reality technology, enabling gamers to enjoy realistic and fluent gameplay.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bobby Thandi
Chief Financial Officer
Sonia Kerr
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