The location-based VR startup headed by Disney and DreamWorks veterans, has teamed up with Nickelodeon to provide an expertise based mostly on Nickelodeon’s mental property.
Location-based VR is on the rise. The immersive free-roaming digital experiences are the end result of VR’s most present superior expertise, delivering arguably probably the most fascinating and interactive adventures at present out there to the general public. Whether or not it’s the spooky real-world interactive components offered by DarkCorner, or the action-packed multiplayer experiences from The VOID, it seems as if location-based VR is right here to remain.

Dreamscape Immersive, a type of quickly rising location-based VR firms, simply completed their second spherical of funding at a staggering $30 million. This was due largely to investments from different huge names in leisure like Nickelodeon, 21st Century Fox and Warner Bros. in addition to different influential establishments resembling Majid Al Futtaim, VRSense Solutions Limited, and Image Nation Abu Dhabi. Returning Series A buyers together with and Bold Capital Partners. These contributions will help in increasing the Dreamscape Immersive enterprise to new areas and supporting the event and acquisition of latest VR content material.

It has already been confirmed that Nickelodeon and Dreamscape are partnering for a brand new IP aimed particularly for kids and households. Meanwhile VRSense Solutions, a developer of VR backpacks will probably be accountable for advancing Dreamscape improvement, Middle Eastern way of life conglomerate Majid Al Futtaim will focus its efforts on increasing the start-up globally and media firm Image Nation Abu Dhabi will help in growing a big catalogue of immersive experiences to get pleasure from.
Other advisors on the challenge embody filmmaker Gore Verbinski (Pirates of the Caribbean, The Ring), composer Hans Zimmer (Inception, Interstellar), manufacturing designer Rick Carter, former Warner Bros. government Dan Fellman and former Disney COO Tom Staggs.

“We began Dreamscape Immersive with the basic perception that strategic companions will probably be key to our success,” acknowledged Aaron Grosky, COO of Dreamscape Immersive. “This group of current and new buyers, every of whom are leaders in their very own respective classes, not solely share in our imaginative and prescient however will assist Dreamscape Immersive execute and develop. We couldn’t be extra excited for what we’re going to have the ability to accomplish collectively.”
Dreamscape Immersive will launch its first VR heart on the Westfield Century Mall in Los Angeles early subsequent yr with plans to open one other six areas at numerous AMC theaters throughout North America and the U.Ok.
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