Warner Bros, 21st Century Fox, MGM, Imax and Westfield have all contributed to the first disclosed round for VR cinema startup Dreamscape Immersive.
US-based cinematic virtual reality (VR) technology startup Dreamscape Immersive closed a series A round on Monday reported by Variety to be $11m in size, with backing from several entertainment groups.
Venture capital firm Bold Capital Partners led the round, which included media and entertainment conglomerates Warner Bros, 21st Century Fox and Metro-Goldwyn-Mayer, as well as cinema operator Imax, retail property developer Westfield Corporation and film director Steven Spielberg.
Dreamscape is developing technology that will expand VR from private computer-based systems…
