TheWaveVR secures $2.5m, plots ‘first VR rave’
Another virtual-reality music platform has entered the fray, aiming to "revitalise the music industry" backed by $2.5m in seed funding
News By IQ | 5 August 2016
TheWaveVR, a music-focused virtual reality (VR) platform, has secured US$2.5 million in seed funding before its launch later this year.
The company’s ambitious pitch – that it will “revitalise the music industry” by allowing “people who love music to view, host and socialise in live and recorded shows worldwide, anytime, anywhere” – won the support of a group of investors comprising KPCB Edge, Presence Capital, Rothenberg Ventures, RRE Ventures, The VR Fund, Seedcamp, the ex-CEO of Square Enix North America, Mike Fischer, and Joe…
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