VR game startup ForeVR Games pays $10 million to grow library of Wii Sports-like titles • TechCrunch


While Meta tries to convince users to attend virtual work meetings, ForeVR Games, a VR gaming startup with casual games like bowling, darts and cornhole, is a reminder that virtual reality should be fun.

ForeVR today announced a $10 million Series A funding round to build its gaming portfolio and position itself as the “world of VR sports”. Lobby Capital led the Series A funding round with participation from Bessemer Venture Partners and Galaxy Interactive. The new capital brings the company’s total revenue to $18.5 million. Angel investors include Zynga founder Mark Pincus and Twitch co-founders Emmett Shear and Justin Kahn.

Like Wii Sports, ForeVR games are designed to be easy to play. In the year Since its launch in 2020, ForeVR has released three games–ForeVR Bowl ($20), ForeVR Darts ($10) and its newest addition, ForeVR Cornhole ($15).

ForeVR games can be played single-player or multiplayer on Meta Mission or Meta Mission 2. Players can use bean bags/boards, darts and bowling balls for their minions, listen to music on a YouTube-enabled jukebox, and explore various “Halls” and bowling lanes, such as bowling in the Atlantic or playing darts in a British pub.

The games are also all connected, so if a player owns multiple ForVR games, they can connect with their friends through an in-game portal, which allows them to “hang on the moon and head straight to the ForVR pool hall in Texas.” Portals,” CEO and co-founder Marcus Segal told TechCrunch.

For the company’s latest round of funding, “ForeVRse,” Segal likes to call it, it continues to expand. The company is set to launch its fourth title, ForeverVR Pool, a virtual reality 8-ball pool game for all ages, on November 17. Available at the Meta Quest Store for $20.

Earlier this month, Meta boasted that more than a third of the more than 400 apps in the Quest Store are generating millions in revenue. Although Segal wouldn’t disclose exactly how much ForeVR has made, he told TechCrunch it’s more than $1 million.

Segal also said that since legs are coming to meta avatars, FourVR plans to “take advantage of that technology” when the time is right.

Image Credits: ForeVR games



Source link

Related posts

Leave a Comment

3 × four =