Mixed reality theme park company raises $6.5 million in funding
California based mixed reality company Spaces has raised an additional $6.5 million in funding,
The round was led by China-based Songcheng Performances Development Co. Ltd., with additional investment from Comcast Ventures, the venture-capital affiliate of Comcast Corporation, and other leading VC groups.
Launched in 2016 by VR pioneers from DreamWorks Animation the company builds VR-enabled parks and attractions.
Recently the company announced $30 million theme-park joint venture with Songcheng, one of the world’s largest theme park operators with annual attendance of more than 23 million visitors in 2015.
“Through our SPACES Parks & Attractions division, we’re fundamentally reimagining the theme park experience with stunning advances in VR technology,” said SPACES co-founder and CEO Shiraz Akmal in a written statement.
“Together with our Songcheng joint venture, this new capital expands our efforts to create entirely new kinds of VR-enabled destinations,” he added.
