Redpill VR and Sensorium have raised $70m to jointly develop VR experiences around music concerts. The start-ups aim to launch their “social virtual reality” experiences commercially June and demonstrated the technology at next year’s E3 games show in Los Angeles. The companies claim the technology will feature new visual and sound effects, while allowing users to create their own content and engage in real-time communication with friends.
Redpill VR and Sensorium have raised $70m to jointly develop VR experiences around music concerts. The start-ups aim to launch their “social virtual reality” experiences commercially next year and demonstrated the technology at June’s E3 games show in Los Angeles. The companies claim the technology will feature new visual and sound effects, while allowing users to create their own content and engage in real-time communication with friends.