BigBox VR, a company focused on virtual reality gaming, has secured $5.0 million in new funding. This investment round will support the Seattle-based firm's mission to combine platform-defining games, social communities, and competitive play to establish a robust VR esport ecosystem. The company was founded by game industry entrepreneurs with a track record of successful exits and launching top-grossing live service products at major companies including Valve, Disney, Sony, and Microsoft.
The company is preparing for the 2019 launch of Population: ONE, its first FreeMotion battle royale VR game. Population: ONE aims to offer players unprecedented freedom within a virtual environment, allowing them to climb anything and fly anywhere. Building on the foundation of their previous title, Smashbox Arena, the upcoming game is designed to integrate engaging gameplay with the immersive social connections unique to virtual reality.
This capital infusion is significant for BigBox VR as it moves towards expanding its operational capabilities and product offerings. The $5.0 million in funding will be strategically deployed to accelerate the development and successful launch of Population: ONE. Furthermore, the investment will enable BigBox VR to scale its team and enhance its technological infrastructure, directly supporting its long-term vision of cultivating a thriving VR esport community.
Looking ahead, BigBox VR plans to leverage this investment to solidify its position in the VR gaming market. The company is focused on delivering innovative and engaging VR experiences, with a clear strategy to grow its user base and expand its competitive gaming ecosystem in the coming years.
