What is Alta Reality?
Founded in 2016 and headquartered in New South Wales, Australia, Alta Reality is a virtual reality game developer. The company operates within the burgeoning virtual reality and gaming sectors, aiming to create immersive experiences for players. Its recent capital infusion suggests a strategic move towards scaling operations and potentially expanding its development pipeline or market reach.
How much funding has Alta Reality raised?
Alta Reality has raised a total of $12.4M across 1 funding round:
Angel/Seed
$12.4M
Angel/Seed (2022): $12.4M with participation from Pioneer Fund, Boost VC, Andreessen Horowitz, and Makers Fund
Key Investors in Alta Reality
Boost VC
Boost VC is a leading investor in deep tech, focusing on emerging and frontier categories. They provide funding primarily through Pre-Seed rounds with investments averaging $500k, as well as offering a $50k Fellowship check for early-stage startups. With a portfolio that includes innovative technologies such as autonomous ocean robots and cancer sniffing dogs, Boost VC aims to support groundbreaking ideas. The company has been active for over 12 years, averaging one deal per week.
Andreessen Horowitz
Founded in 2009, Andreessen Horowitz is a private American venture capital firm that invests in both early-stage start-ups and established growth companies. The company is headquartered in Menlo Park, California.
Makers Fund
Makers Fund is a global venture capital fund focused on supporting the next generation of creators and innovators in the games and interactive entertainment industry. The fund provides capital, strategic guidance, and access to a global network to help visionary entrepreneurs establish their businesses. With a commitment to industry growth and innovation, Makers Fund embraces the culture and values of interactive entertainment. They empower ambitious founders by navigating the challenges of early-stage business development.
What's next for Alta Reality?
The substantial enterprise-level funding Alta Reality has garnered positions it for accelerated development and market penetration. This strategic investment is likely to fuel innovation in its VR game offerings, enhance its technological capabilities, and support expansion into new markets. The company's trajectory indicates a strong focus on solidifying its presence in the competitive gaming industry.
See full Alta Reality company page
