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Orange invests in 'extended reality' sector via early-stage venture capital fund

Thursday 18 March 2021 | 08:26 CET | News
Orange has decided to invest in 'Venture reality fund II' through its Orange Digital Investment holding. The fund, which aims to grow to USD 50 million or more, has been created to back at least 35 companies in the 'extended reality' (XR) sector. This covers augmented reality (AR), virtual reality (VR), and mixed reality (MR) environments, including human-machine interactions via wearables or other devices. As a strategic investor, Orange will establish close ties with VRF (Venture Reality Fund) to explore new 5G-enabled services and entertainment applications powered by XR and artificial

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Categories: Mobile & Wireless
Companies: Orange
Countries: United States / World
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