[February 07, 2017] |
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The Venture Reality Fund Releases the First European Virtual Reality Landscape in Partnership with LucidWeb
Silicon Valley-based venture firm The
Venture Reality Fund (The VR Fund) today released its first-ever
European virtual reality (VR) landscape, featuring dozens of companies
developing infrastructure, tools/platforms and/or apps for the booming
ecosystem. The landscape was created in partnership with LucidWeb,
the French VR and WebVR consulting and development agency, to depict the
growth in the ecosystem, increased investment and growing international
impact.
This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20170207005665/en/
European VR Industry Landscape (Graphic: Business Wire)
The European VR landscape is based on extensive research and information
gathered during meetings and calls with regional VR ambassadors across
Europe. Close to 300 VR startups were identified and reviewed, of which
116 were selected to be part of the first release of the VR Landscape
Europe.
"We chose to partner with LucidWeb as they have a strong database of top
VR startups in Europe and valuable familiarity with the European
ecosystem," says Tipatat Chennavasin, co-founder and general partner at
The Venture Reality Fund. "These landscapes are a visual representation
of our commitment to education and growth of the industry."
Highlights from the European VR landscape include:
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The VR gaming industry remains the most competitive space with
well-funded companies including CCP Games (Iceland), nDreams (United
Kingdom), Resolution Games (Sweden) and Solfar Studios (Iceland).
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User input technology, focused on interactions in VR by brain (BCI),
body, eye, feet and hand, has many premium players, such as the
Swiss-based company Mindmaze that raised $100 million, the largest
amount raised in one round by any European VR company.
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Reality capture concentrated on 360° video hardware, 360° video
software and next generation technology (photogrammetry), is prominent
with two French-based companies, VideoStitch and Giroptic, at the
forefront.
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Enterprise is gaining traction with real estate VR generating
significant additional revenue for online agencies across Europe.
Swedish-based Diakrit and Dutch company TheConstruct are two companies
leading the charge.
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French company Homido, Mindmaze and Swedish-based company Starbreeze
are the most advanced hardware companies developing a mobile Head
Mounted Display (HMD) or tethered HMD.
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Companies in post-production of VR are developing 3D tools, which
leading American software companies have acquired over the past two
years: Google (News - Alert) acquired Irish Thrive Audio; Facebook acquired
Scotland-based Two Big Ears; and Snapchat acquired London-based
Seen/Obvious Engineering.
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Healthcare and fitness companies are utilizing VR for medical
training, mental treatments (anxiety, Asperger's syndrome) and
physical rehabilitation. Spanish-based Psious and Amsterdam-based
MDLinking are two companies to watch in this category.
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More than half of the companies included in the landscape are based in
United Kingdom, France, Germany and Sweden.
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France is taking the lead in VR in continental Europe.
"The VR industry is booming and not just in the US or Asia. The old
continent has known a slower start, but definitely got up to speed
during the past two years," says Leen Segers, co-founder and CEO at
LucidWeb. "The VR gaming segment remains the most competitive space, but
is surely challenged by a large number of companies focusing on user
input or 3D tools. We feel very excited for the future as we see local
and international investors are clearly investing in these segments,
too."
The VR Fund European Landscape in collaboration with LucidWeb
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United Kingdom (26)
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BBC Taster, Bossa Studios, Climax Studios, Coatsink, Curiscope,
Framestore, Future Lighthouse, Hammerhead VR, Immersive Rehab,
Immersive VR Education, Improbable, Medical Realities, Mel Science,
NCTech Imaging, nDreams, Neurable, SkyVR, Sony London Studios,
Starship Group (vTime), Tammeka, The Foundry, Thomas Cook,
Ultrahaptics, Ustwoo, Virzoom, Zero Light
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Finland (3)
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Nokia (News - Alert), Umbra, Vizor
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France (19)
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3D Rudder, Archos, Arte360, Giroptic, Holodia, Homido, Immersion,
Innerspace, LucidWeb, MiddleVR, Okio, Revinax, Simforheatlh,
TechViz, Teemew, Ubisoft, Unimersiv, V-cult, Videostitch/Orah
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Czech Republic (3)
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Keen VR, Solirax, Sphericam
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Germany (11)
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Crytek, Fraunhouser IPK, Gestigon, Inflight VR, realities.io,
Sennheiser, SMI, Splash, Vire, WearVR, Zeiss
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Belgium (2)
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Around Media, Mimesys
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Sweden (9)
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Diakrit, Manomotion, Mojang, Resolution games, Starbreeze, Svrvive,
Thinglink, Tobii, UniVrses
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Austria (2)
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Cyberith, Red Bull Media
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The Netherlands (6)
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Forcefield VR, Headjack, Manus Machina, MDLinking, Smart2VR,
TheConstruct
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Norway (2)
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Making View, The Moon
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Russia (6)
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3DiVi, Agisoft Photoscan, Cerevrum, Fibrum, Gaijn Entertainment,
Luden.io
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Estonia (2)
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Criffin, Wolfprint
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Iceland (4)
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Aldin Dynamics, Breakroom/MureVR, CCP Games, Solfar Studios
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Denmark (2)
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Labster, Unity 3D
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Switzerland (3)
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Casino VR, Mindmaze, Virtamed
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Croatia (2)
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Croteam, Spacesys
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Spain (3)
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ImmersiON-VRelia, NeuroDigital Technologies, Psious
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Ireland (2)
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Artomatix, Immersive VR Education
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Italy (3)
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inVRsion, Oniride, Remoria
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Latvia (2)
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Giraffe360, Vividly
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Belarus: MMone; Hungary: Zlense; Slovakia:
Capturing Reality; Poland: Shapespark
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The VR Fund releases updated VR and AR industry landscapes quarterly,
which can be found under the Resources
tab of The Venture Reality Fund's site.
About The Venture Reality Fund The Venture Reality Fund (The
VR Fund) is a Silicon Valley-based venture capital firm focused on
early-stage investments in the virtual reality (VR), augmented reality
(AR) and mixed reality (MR) spaces. As a founding member of the Virtual
Reality Venture Capital Alliance (VRVCA), The VR Fund invests globally
in innovative companies across a wide variety of sectors from
infrastructure and development tools to content and applications, to
help entrepreneurs bring industry-defining technology to market faster.
For more information, please visit TheVRFund.com,
like The VR Fund on Facebook
and follow on LinkedIn
and Twitter.
About LucidWeb LucidWeb is a VR and WebVR consulting and
software development company. LucidWeb offers consulting services
(inspirational and/or technical ateliers), next to offering a premium
distribution platform based upon the WebVR technology called "reVeRies
Pro", targeting content creators/publishers/enterprises. LucidWeb
combines 15 years of European business expertise and technical know-how.
The company uses this accumulated experience to pioneer and push the
boundaries of (commercial) virtual reality. For more information,
please visit LucidWeb.io,
like LucidWeb on Facebook
and follow on Twitter.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170207005665/en/
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