The notable startup fundings for the week ending 1/16/21 featuring funding details for NeuroFlow, Jellyfish, and twenty other rounds that you must know about.
Justin Kan
The LA TechWatch Startup Daily Funding Report: 1/12/2021
The latest venture capital, seed, pre-seed, and angel deals for LA startups for 1/12/2021 featuring funding details for Outer, Muniq, and much more.
ForeVR Raises $1.5M to Bring Popular Real Life Games to VR
The virtual reality gaming market is expected to reach $45B/yr by 2027. The increased affordability of VR sets like Oculus’s Quest 2 will contribute to this massive growth. ForeVR, founded by two ex-Zynga employees, is seeking to capitalize on this trend with its VR-focused gaming studio. Emerging recently from stealth, the company’s first title, launching in early 2021, is focused on bowling and ForeVR plans to build new games that are based on popular games in real life. LA TechWatch caught up with CEO and Cofounder Marcus Segal to learn more about the genesis of the company, its future product pipeline, first institutional round of funding from investors that include Galaxy Interactive Fund, Presence Capital, Emmett Shear, Justin Kan, Mark Pincus, and Justin Waldron.