BeamXR, a Newcastle Upon Tyne, UK-based creative tech company, raised £532k in funding.
The round consisted of an equity investment from Creative UK’s North East Culture and Creative Investment Programme and equity raised from angel investors, plus a further £266K grant from Innovate UK.
The company intends to use the funds to expand the product capabilities of their streaming software development kit (SDK).
Led by CEO Paul Miller, BeamXR provides an SDK that is designed specifically for standalone XR headsets, spanning augmented reality (AR), virtual reality (VR) and mixed reality (MR). The software enables both games developers and content creators to elevate their products with the capability for simultaneous streaming on platforms including Twitch, TikTok and YouTube.
FinSMEs