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$7m Funding for Zero Latency to Take VR Games to the US and Japan

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Zero Latency VR Game Image

Zero Latency has raised $7 million funding to take their VR game to new venues in the US and Japan.

The Australian VR company’s V Play Reality game is a free-roam, multi-player, interactive, virtual reality experience.

V Play reality has opened to rave reviews at Main Event in Pointe Orlando.  Up to six players at a time can roam freely through a warehouse-like space.  Currently three different scenario options are available.  Players creating their own adventure and can interact with each other in the games.

Zero Latency currently has a venue in Melbourne, three in the US, one in Tokyo at a Sega theme park and another set to open soon in Madrid.

The Australian Financial Review reports that funding has been raised from existing backer Carthona Capital and clients of Bell Potter.  Expansion is through partnerships with venues licensed to run the VR games.

http://www.afr.com/technology/gaming/aussie-vr-startup-zero-latency-takes-its-zombies-global-after-raising-7-million-20161202-gt2mrl

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Rachel Reed

Rachel Read

Rachel is Finance Director. She has a degree in engineering from Cambridge University and qualified as a Chartered Accountant at Deloittes in London. She worked in finance in industry for twenty years. She oversees our news and also manages our events.

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