Minneapolis VC Brightstone Ups Their Ante Within VRChat’s $4m Series A



By Ian Hamilton, Upload VR

“Startup VRChat just raised a $4 million Series A round of funding led by HTC.  The money for the social VR startup comes in the wake of AltspaceVR running out of cash and the earlier closure of Convrge, though Altspace has found a lifeline of sorts.”

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  • Grady

    VR has a tough road to go to get beyond niche, too expensive, too techie, but it sounds like VR Chat is the virtual watering hole for these techies so who knows? It does sound like something Facebook might be good at unfortunately but if you can raise the money take the money I guess. Go forth and prosper. Monetization? I can’t envision a scenario where I would ever buy VR. Nausea, lag, being even more cut off from the world than when playing games or watching a movie, oh and this: https://uploads.disquscdn.com/images/1a75b4db7f305ba213150a7301e8097bb1cd594fed71fcdd9750c8774962411d.jpg