Disney-Backed VR Startup Tyffon Raises $7.8 Million
Disney-backed immersive media startup Tyffon has raised a new $7.8 million Series A round of funding. The company wants to use the new cash infusion for an international expansion that includes the opening of a Santa Monica, Calif.-based virtual reality (VR) center.
Content-wise, Tyffon has thus far primarily focused on horror- and fantasy-themed free-roam VR. One of its three current attractions is “Corridor,” which is being described as a mixed reality horror experience. Another is “Tarot VR,” a kind of anthology of fantasy scenes in VR.
Fukazawa said that the company wanted to continue to work on horror-themed content. “At the same time, we will also develop kids/family-oriented original content, which also will be featured in our Tyffonium venues in the coming months,” he said.
The company currently has 35 employees, and offices in both Santa Monica and Tokyo.
See the full story here: https://variety.com/2019/digital/news/disney-backed-vr-startup-tyffon-raises-7-8-million-exclusive-1203218904/