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COLOPL Ups Investment in AR and VR With New $50 Million Fund

Ups Investment in AR and VR With $50 million Fund

Japanese company, COLOPL and its subsidiary, COLOPL NEXT, have announced a new $50 million VR/AR Fund.

According to Upload VR, COLOPL VR Fund 2 is being invested in companies that are developing virtual and augmented reality experiences.

This brings the total of COLOPL funds focused on the sector to $100 million.

The company describes itself as ‘laser-focused’ on virtual reality.

SPACES Inc. is one of the beneficiaries, having acquired $6.5 million towards its VR theme park plans.

Image courtesy COLOPL

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Charles Read

Charles is Managing Director at Blooloop. He attends numerous trade shows around the world and frequently speaks about trends and social media for the attractions industry at conferences. Outside of Blooloop his passions are diving, trees and cricket.

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