ALL THE LATEST NEWS ABOUT THE VIRTUAL + AUGMENTED + MIXED REALITY BUSINESS

Deal

Bayside Developers Net $1.5m Investment

Date Type Companies involved Size
May 30th, 2017 investment DeNA
HTC
$1.5m
Bayside Developers Net $1.5m Investment

Subdream Studios has raised $1.5m in its first round of funding. The investment comes from a mixture of Japanese, Korean, Taiwanese and American companies that include DeNA, Cognitive Investment, Macro Ventures and HTC.

As lead investor in the Californian development studio, Cognitive Investment’s Heewoo Lee said, “There are many VR gaming studios out there, but the team at Subdream already released three unique VR titles this year, and they are going to the right direction that all the games will fit to the VR Arcades and home market.” Those three games are Kingdom Watcher for Gear VR, Mega Overload for Vive and Rift, as well as arcade based shooter, Survivors.

 

You can hear Jikhan Jung, Founder and CEO at Subdream Studios, speak at VR Connects San Francisco 2017 on the 28th June. Book your ticket now!


Editor

Steve has been a games journalist on and off since the first PlayStation made games ‘cool’, but he’s never forgotten the thrill of finding a Space Invaders machine in the wild. Neuromancer is one of his favourite books and The Matrix is one of his favourite movies, so he’s been ready for VR all his life.

Comments

No comments
View options
  • Order by latest to oldest
  • Order by oldest to latest
  • Show all replies
Important information

This site uses cookies to store information on your computer. By continuing to use our site, you consent to Steel Media's privacy policy.

Steel Media websites use two types of cookie: (1) those that enable the site to function and perform as required; and (2) analytical cookies which anonymously track visitors only while using the site. If you are not happy with this use of these cookies please review our Privacy Policy to learn how they can be disabled. By disabling cookies some features of the site will not work.