Discovery Communications has led a $10m series A round for the virtual reality content producer Here Be Dragons, valuing the business at $65m post-money.

US-based virtual reality (VR) studio Here Be Dragons has closed a $10m series A round led by media group Discovery Communciations, TechCrunch reported yesterday.

Angel investors David Droga and David Jones also participated in the round, which was closed at a pre-money valuation of $55m. The company had been seeking a $14m close, according to a securities filing made last month.

Here Be Dragons was founded in 2014 as the sister company of VR technology developer Within, itself backed by…