What is SideQuest?
SideQuest serves as a vital platform for expanding the application library available for Oculus Quest VR headsets. It provides a secure avenue for users to access cutting-edge content not yet featured on the official Oculus Store, acting as a crucial proving ground for developers to validate their creations 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 Palmer Luckey, The Fund, and Boost VC
Angel/Seed (2021): $3M led by SCNE, Connect Ventures, PROfounders, and Ada Ventures
Series A (2022): $12M supported by Google
Key Investors in SideQuest
Google, a subsidiary of Alphabet Inc., is a global technology giant focused on organizing the world's information and making it universally accessible and useful through its vast array of products and platforms.
Ada Ventures
Ada Ventures is a pre-seed inclusive venture capital firm based in Europe, investing in founders building technology companies focused on climate equity, economic empowerment, and healthy aging, providing capital ranging from £250K to £1M.
Connect Ventures
Connect Ventures is a London-based venture firm established in 2012, specializing in pre-seed and seed-stage product companies, known for its entrepreneur-friendly approach and support for exceptional founders.
What's next for SideQuest?
The recent major strategic investment in SideQuest, following its Series A financing, signals a phase of accelerated scaling and market penetration. This enterprise-level backing is likely to fuel further development of its platform, enhance its content discovery features, and potentially expand its reach into new VR markets. The company is well-positioned to capitalize on the growing demand for diverse VR experiences, leveraging its unique position as a gateway for innovative content and developer validation.
See full SideQuest company page
