What is Kite & Lightning?
Kite & Lightning, operating under the brand LightKite, serves as a comprehensive guide within the Augmented Reality (AR) and Virtual Reality (VR) landscape. The company disseminates articles, guides, and reviews focused on emerging XR technologies, positioning itself as a key resource for individuals and businesses keen on understanding the future of immersive experiences. LightKite's content delves into innovations poised to transform various industries, keeping its audience informed about the latest trends and developments in AR/VR.
How much funding has Kite & Lightning raised?
Kite & Lightning has raised a total of $2.5M across 1 funding round:
Angel/Seed
$2.5M
Angel/Seed (2016): $2.5M with participation from Outpost Capital, RAINE VENTURES, Boost VC, Comcast Ventures Catalyst Fund, Social Capital, and Courtside Ventures
Key Investors in Kite & Lightning
Boost VC
Boost VC is a venture capital firm specializing in deep tech and frontier categories, known for its early-stage investments and fellowship programs supporting groundbreaking ideas.
Comcast Ventures Catalyst Fund
Comcast Ventures is the venture capital arm of Comcast Corporation, focusing on consumer, enterprise, and frontier technology investments with a significant track record in the industry.
Social Capital
Social Capital is an investment firm dedicated to solving the world's hardest problems by empowering entrepreneurs and investing in companies that aim to improve global opportunities.
What's next for Kite & Lightning?
The substantial enterprise-level funding Kight & Lightning has garnered, particularly the recent strategic investment, signals a phase of accelerated growth and market expansion. This capital infusion is expected to fuel further development of their content platform and outreach efforts, solidifying their role as a leading information hub in the dynamic AR/VR ecosystem. The company is well-positioned to capitalize on the increasing industry interest and investment in immersive technologies.
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