TheWaveVR Closes $2.5M Seed Round For Social Music Virtual Reality Platform
Participating in the round are leading venture capital firms including KPCB Edge, Presence Capital, Rothenberg Ventures, RRE Ventures, The VR Fund, Seedcamp and angels including Mike Fischer (ex-CEO Square Enix North America) and Joe Kraus (of GV, formerly Google Ventures).
TheWaveVR is a VR platform lets fas view, host and socialize in live and recorded shows. By democratizing the concert experience. TheWave creates a VR venue where artists can perform live music by simply importing their tracks, customizing the visuals of the venue, and sharing virtual shows. Fans can attend via most major VR head mounted displays, interact with performers, socialize with friends, dance, paint and more.
"We're working toward empowering artists and music lovers alike and transforming the way people connect through music by building the world's first musical metaverse in VR," said Adam Arrigo, CEO of TheWaveVR. "Music creators will be able to fully customize how their audience experiences the music – whether that's by transforming the venue from a realistic nightclub to outer space or putting on the most unimaginable light show ever. Fans won't have to travel the globe or miss out on their favorite DJs, musicians or festivals and can experience the music like never before, while socializing in totally new ways alongside their friends."