Roto VR gets huge investment into its Explorer VR Chair business
In August we checked out the Roto VR Explorer chair, a seat specifically designed to increase virtual reality immersion by thrashing you around as you play. However, It did look a bit like a Terminator’s dentist chair. You can read all about that here.
A few reviews have been popping up extolling its virtues and, while not cheap – seemingly no VR immersion gear is not going to cost you, you can check out our Woojar Vest 3 review here, it is nice to know that the quality of the gear coming out, if not exactly impulse buys yet, is changing the game, when it comes to the, er game.
Roto VR, the London-based tech firm behind the Explorer has just raised a useful £2.4 million in its second round of funding and the fact the chair is certified “Made for Meta” means the team has had a stellar few months.
The new investment will support Roto’s next phase of growth as it takes the much anticipated VR experience chair to market, in particular, funds will be used to fulfill the demand for the launch of the VR Explorer by enhancing operational capacity and broadening its market reach.
Elliott Myers, Founder of Roto VR said, “My team and I are thrilled to be launching the Roto VR Explorer with industry-leading partners such as Meta after a considerable period of product development and market analysis. I’m especially grateful to all our investors who continue to support our efforts and I’m excited for the next chapter in our journey.”
The investment has come from Pembroke VCT which has contributed £500,000, alongside new and existing angel investors from both the UK and US.
Andrew Wolfson, CEO of Pembroke Investment Managers said, “Elliott and his team have engineered a solution that not only overcomes common barriers in VR engagement but also greatly enhances the overall experience. The Roto VR Explorer exemplifies British innovation with global impact. With high-profile contracts and industry partnerships, Roto VR is positioned for growth as it continues to disrupt the VR landscape.”
The Roto VR Explorer is available to order now and costs £799 – not a cheap amount but when you consider the price of top-of-the-range gaming chair models from the likes of Secret Lab and Andaseat which are “just” chairs, it is a little more palatable.
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