Swedish VR startup secures US$6mil led by Google Ventures


  • TECH
  • Friday, 28 Aug 2015

Virtual push: A Swedish startup headed by a former Candy Crush developer has scored US$6bil to fund the development of VR games.

The Swedish startup, Resolution Games, has been awarded US$6mil (RM25.24mil) by multiple investors, notably Google Ventures, to fund virtual reality games. 

Resolution Games, based in Stockholm, is headed up by former Candy Crush developer Tommy Palm, who only started the virtual reality company in May 2015. 

Google Ventures and other investors have raised US$6mil (RM25.24mil) in total, the largest single investment ever made for any VR games developer. 

The money will be used to build a studio and increase production speeds, according to the Resolution Games press release. 

The studio has already developed its debut Jester Solitaire VR project, and has seven prototypes in the works, including a fishing game whose title is set to be released in early 2016. — AFP Relaxnews 

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Resolution Games , virtual reality

   

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