The Research Institute of Tsinghua University in supported the virtual reality technology startup's series A round, which also included corporates.

Oben, a US-based developer of artificial intelligence (AI) technology for virtual reality applications, has completed a $7.7m series A round that included Leaguer Venture Investment, the VC vehicle for Research Institute of Tsinghua University.

The round was led by CrestValue Capital, an investment subsidiary of conglomerate Dunan Group, while Dream Maker Entertainment, a subsidiary of entertainment provider SM Entertainment, also took part, as did Cybernaut Westlake Partners, Third Wave Digital, Idealab and angel investor Gordon Cheng.

Founded in 2014, Oben…

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