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HTC, Colopl & More Join to Form VR Venture Capital Alliance

Investment in virtual reality (VR) development is currently a huge global trend that shows no sign of slowing down. Following HTC’s recent commitment to the HTC Vive X Accelerator Program, the company has formed an alliance with many other investment firms offering a total of $10bn USD to VR content creators.

VRVCA logo

The Virtual Reality Venture Capital Alliance (VRVCA) was formed to aid long-term growth in the VR industry through sharing and investing in both technology and content creators. The VRVCA is formed of 30 VR specialist investors who will meet six times per year in Beijing and San Francisco, however the $10bn USD fund is available to developers anywhere in the world.

The full list of founding members of the VRVCA is as follows:

Blue Run Ventures

Colopl VR Fund

China eCapital

CRCM

CRU Capital

DCM

FreesVC

GGV Capital

Harvest Tech Investments

Hejun Capital

HTC Vive

Hyperion Media Group

Immersion Ventures

Infinity Venture Partners

Innovation Works

Keytone Ventures

Legend Capital

Matrix Partners

Qiming Venture Partners

Redpoint Ventures

Sequoia Capital

Unity VC

The VR Fund

WestSummit Capital

WI Harper

YunFeng Capital

Yunqi Partners

500 Startups

“We are not searching for the next technology revolution because it is already here. We are searching for the next entrepreneur to lead it,” reads a declaration on the official VRVCA website.

The VRVCA has not yet announced any investments that have been made, however interested parties are being invited to submit their pitch deck to the alliance via the official website. VRFocus will keep you updated with all the latest details on the VRVCA and future investment opportunities in the VR industry.