This funding enables further growth at VRchat and the strengthening of the VRChat community
VRChat, a social virtual reality (VR) platform that enables users to create, publish, and explore virtual worlds with other users around the world, announced a series -D investment round of $ 80 million. The round was led by Anthos Capital along with participating investors Makers Fund, GFR Fund and others.
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VRChat is the leading social VR platform with millions of users, hundreds of thousands of worlds, and over ten million unique avatars. It’s the best free VR app on both the Steam and Oculus Rift stores with over 40,000 concurrent users. Thanks to the creative freedom of VRChat’s tools, users have made VRChat a unique cultural phenomenon that is closely related to internet memes, events, and culture. It has also become a virtual meeting place for online events and communities.
“ VRChat is home to a vibrant, creative and committed community that has played a crucial role in shaping its further development. We are excited to work with our investment partners to continue growing and strengthening our community at an accelerated pace, ”said Graham Gaylor, Co-Founder and CEO of VRChat.
This investment gives VRChat the resources to accelerate the development of a creator economy where members can make money, an improved social discovery system for more meaningful experiences, and expansion to more platforms. These improvements will contribute to the rapid growth of VRChat and allow more people to access this virtual universe.
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“ We are proud to partner with VRChat as it continues to revolutionize social experiences. As the virtual reality market grows, VRChat is poised for significant expansion and growth as the premier virtual world platform, ”said Brian Ames, Managing Director at Anthos Capital.
” The passionate and talented team at VRChat have built the most immersive, developer-led, community-first platform,” said Jay Chi, founding partner at Makers Fund. “ At Makers, we’re looking for innovative companies with great leaders; we firmly believe in VRChat’s mission to provide a user-generated VR experience that connects people around the world and we look forward to continuing this journey with them. ”
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