The Venture Reality fund holds a significant niche in the XR (Extended Reality) sector. But to better develop the latter, venture capital firm VRF is inviting investors into its new fund. It is the Venture Reality Fund II, Which is a box dedicated to immersive technologies. orange She answered the call, and is investing in it through her holding company, Orange Digital Investment.
Venture Reality Fund II aims to reach at least 50 million US dollars, or about 42 million Euros. To this end, it is seeking to invest in at least 35 XR companies, which are making use of the 5G network. So Orange is the first European telecom company to invest.
Venture Reality Fund II and Orange: a winning duo
According to VRF partner and co-founder Marco DeMiroz, the venture capitalist is honored and delighted to have Orange as Strategic investor In the Venture Reality Fund II. Orange, for its part, has the opportunity to advance at a high speed with the development of new 5G services.
Hence, by investing in Fund II, Orange will support support Innovative startups, But not only. Its investment will also allow the development of the combined strength of XR and AI with the network. The fifth generation network.
It should not be forgotten that endpoint computing and high-speed networks, including 5G, are essential Remove any limit For virtual reality and augmented reality activities. We are talking about entertainment, education, training and collaboration in VR and AR.
A golden opportunity to forge a partnership
By investing in the Venture Reality Fund II, Orange also has the opportunity to create a partnership with a team of experts that shines in A thriving ecosystem. This is what said Deputy General Manager of Orange Digital Investment, Maï de La Rochefordière.
According to her, this investment along with other major players in the telecom sector also represents an opportunity for OrangeEnrich its offerings.
However, VRF continues at this time for Develop Venture Reality Fund II by expanding the list of investors.
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