Spaces, a Virtual Reality (VR) and Mixed Reality (MxR) LA start up, has raised a further $6.5 million investment, led by China'sSongcheng Performance Development Co..This takes the total seed funding raised to $9.5 million.
Other investors includeComcast Ventures as well asBoost VC, Colopl VR Fund, Gree, Kai Huang, The Venture Reality Fund, Youku Global Media Fund and CRCM VC.
Spaces has links to Songcheng as a joint venture partner in the company's theme park arm dedicated to creating new VR and MxR attractions.
we’re fundamentally re-imagining the theme park experienceSpaces co-founder and CEO Shiraz Akmal said, “Through our Spaces parks and attractions division, we’re fundamentally re-imagining the theme park experience. Together with our Songcheng joint venture, this new capital expands our efforts to create entirely new kinds of VR-enabled destinations."
New appointees to Spaces board of directors are exDreamWorks Animation CFO Fazal Merchant, Comcast Ventures MDÂ Michael Yang and Songcheng Technology GM Ethan Wang.
Rachel Read
Rachel is co-founder and strategic director at blooloop. She has a degree in engineering from Cambridge University, is a Chartered Accountant and has certificates in Sustainability Leadership and Corporate Responsibility from London Business School, and Sustainable Marketing, Media and Creative from Cambridge University's Institute for Sustainability Leadership (CISL). Rachel oversees our news, events and sustainability.
