HTC Expands VR Investment

HTC says that eight new firms have joined the VR Venture Capital Alliance (VRVCA), which aims to support the growth of the VR industry. The VRVCA’s funding is now expected to increase from $10 billion to more than $12 billion.

The new firms include NVIDIA GPU Ventures; Presence Capital; Lightspeed China Partners; ZenFund; and Softbank Ventures Korea.