HTC has launched a $100m accelerator program and corporate venturing fund dubbed Vive X that will seek out opportunities in the virtual reality sector.
Taiwan-based consumer electronics manufacturer HTC unveiled a $100m accelerator initiative yesterday that will invest in the virtual reality (VR) sector.
The Vive X accelerator, which is named after the company’s Vive VR headset, will offer startups access to HTC’s virtual reality technology, expertise and mentorship. Companies will also receive funding in exchange for a minority stake, though details have not yet been revealed.
HTC expects the accelerator to foster an ecosystem around Vive, and is targeting startups throughout the VR…
