informa
/
Business
News

Virtual reality startup Playsnak nets $2.5M

Berlin-based virtual reality startup Playsnak has netted $2.5 million through an initial seed funding round

Berlin-based virtual reality startup Playsnak has netted $2.5 million through an initial seed funding round. 

The firm received $1.2 million from Japanese developer-publisher Gumi, and an additional $1.3 million from South Korean outfit K Cube Ventures. 

Playsnak, which was founded in 2015, will use the cash to further expand its business and strengthen its development pipeline. 

"Investment from a well-established partner like Gumi offers further affirmation that our vision for innovative VR content is on the right track," said company CEO, Paha Schulz. 

"This funding will bolster our position and expand our capabilities as we build towards the announcement of our first VR game IP in the next weeks."

VRDC Fall 2017 will be taking place at the Hilton Union Square in San Francisco, CA September 21-22. Register todayGamasutra, VRDC, and GDC are sibling organizations under parent UBM Americas.

Latest Jobs

Sucker Punch Productions

Bellevue, Washington
08.27.21
Combat Designer

Xbox Graphics

Redmond, Washington
08.27.21
Senior Software Engineer: GPU Compilers

Insomniac Games

Burbank, California
08.27.21
Systems Designer

Deep Silver Volition

Champaign, Illinois
08.27.21
Senior Environment Artist
More Jobs   

CONNECT WITH US

Register for a
Subscribe to
Follow us

Game Developer Account

Game Developer Newsletter

@gamedevdotcom

Register for a

Game Developer Account

Gain full access to resources (events, white paper, webinars, reports, etc)
Single sign-on to all Informa products

Register
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more