Colopl launches $50mil VR fund

(Image courtesy Colopl.)
(Image courtesy Colopl.)

Tokyo-based Colopl has announced the formation of a $50 million Colopl VR Fund to provide support for the virtual reality industry.

The Colopl VR Fund is open to funding both Japanese and foreign companies in hardware and software, including headsets, games, video content, development tools, and distribution platforms. It also plans to support a 360-degree video channel.