Wevr Raises $3.5M in Funding

Wevr, a Los Angeles, CA-based creative development and production studio, $3.5M in funding.

The round was led by HTC Corp. and Epic Games.

The company intends to use the funds to expand its virtual studio technology and real-time 3D production capabilities.

Co-founded by Neville Spiteri, and Anthony Batt, Wevr is an interactive studio collaborating with brands to co-create immersive experiences and spatial apps. Its expertise includes interactive real-time 3D, Spatial/XR, Generative AI, Simulations and Immersive video. The studio is developing spatial products on Apple Vision Pro, HTC Vive, Meta Quest and other devices and screen formats, leveraging their Virtual Studio technology.

Additionally, the company announced that Tim Dillon has joined the leadership team as EVP Business Development.

FinSMEs

05/06/2024