What is SideQuest?
SideQuest serves as a vital platform for expanding the application ecosystem for Oculus Quest VR headsets. It provides a secure avenue for users to access cutting-edge content not yet available on the official Oculus Store, acting as a crucial proving ground for developers to validate their innovations and cultivate communities. The company's commitment to remaining free for both users and developers highlights its dedication to fostering the VR industry's growth and accessibility.
How much funding has SideQuest raised?
SideQuest has raised a total of $15.7M across 3 funding rounds:
Angel/Seed
$650K
Angel/Seed
$3M
Series A
$12M
Angel/Seed (2020): $650K with participation from Boost VC, Palmer Luckey, and The Fund
Angel/Seed (2021): $3M led by Connect Ventures, PROfounders, Ada Ventures, and SCNE
Series A (2022): $12M supported by Google
Key Investors in SideQuest
Google, a subsidiary of Alphabet Inc., aims to organize the world's information and make it universally accessible and useful, playing a significant role in daily life through its various products and platforms.
Connect Ventures
Connect Ventures is a London-based venture firm that invests in pre-seed and seed stage product companies, known for its entrepreneur-friendly approach and focus on helping companies achieve product-market fit.
Ada Ventures
Ada Ventures is a pre-seed inclusive venture capital firm investing in European founders building technology companies focused on climate equity, economic empowerment, and healthy aging, providing funding from £250K to £1M.
What's next for SideQuest?
The substantial enterprise-level funding, particularly the recent strategic investment, positions SideQuest for accelerated expansion and feature development. This capital infusion is expected to bolster its efforts in onboarding new developers, enhancing content discovery, and potentially exploring new VR hardware integrations. The company's focus on community and developer support, combined with its unique market niche, suggests a strategic path toward becoming an indispensable part of the VR content landscape, further solidifying its role in the evolving metaverse.
See full SideQuest company page
