Flat2VR Studios Gets Boost From Early Oculus Investors

Flat2VR Studios obtained a funding increase from early Oculus buyers, a transfer that “ought to assist open some doorways” to porting extra flatscreen video games to VR.

In a brand new video, Flat2VR neighborhood founder Elliot Tate introduced that Flat2VR Studios, a brand new gaming studio creating formally licensed VR ports of flatscreen video games, has been accepted into the SPEEDRUN accelerator program by A16Z Video games. The studio was one in every of 37 corporations chosen out of 4,100 candidates.

Tate explains this transfer ought to assist the developer deliver “a number of the bigger dream titles we have all the time wished to port into VR.” He additionally explains this transfer opens up additional connections for the corporate, emphasizing that right this moment’s funding information “would not take away management from Flat2VR Studios.”

A16Z Video games is the gaming-focused funding facet of Andreessen Horowitz, which is finest identified in VR circles for its early funding in Oculus. Different investments embody many large names like Skype, Fb, Medium, Substack, Roblox, Twitter, Instagram, Airbnb, Stripe, Coinbase, and Buzzfeed. Alongside funding, A16Z additionally guarantees “a extremely curated set of trade coaches, mentors, and a neighborhood of bold founders.”

It is unknown which video games Flat2VR Studios is at present engaged on, although a reveal is deliberate on the upcoming VR Video games Showcase. The studio beforehand said it is focusing on VR storefronts resembling Quest, PSVR 2, and Steam, and that its first formally licensed title is deliberate for “late 2024 or early 2025” on main VR platforms.