River Accelerator Announces First Batch of Investments

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River Accelerator Announces First Batch of Investments

Since Oculus kickstarted the virtual reality boom after being acquired by Facebook for 2 billion dollars, more and more tech companies are storming into the VR space hoping to catch the upcoming swell.

 

With astonishing hardware and infrastructure to work on, developers and content creators are now creating applications and experiences like never before. Rothenberg Venture believes that VR technology will transform every industry over the next decade or two, just as the Internet boom from two decades ago.

 

Similar to Y-combinator and 500 Startups, Rothernberg Venture’s “River” is an accelerator that focuses exclusively on incubating virtual reality startup companies. Over the past, we have seen the impact of startup accelerators on the technology scene, fostering the growth of world leading tech companies such as Google, Logitech, Dropbox…and many more.

 

River is a 3-month program that accelerates the elite VR startup companies by supporting these companies with mentorship, funding, office space, and community. Once accepted into the program, each company will receive $100,000 USD investment to help with growth.

 

 

The River Accelerator is current targeting companies in the following sectors: 

Infrastructure- Hardware and physical elements that constitute the Virtual Reality system

Platforms-Outlets for creators and innovators to build on

Applications-Communications, e-commerce, travel, healthcare, education and training

Content-Gaming, cinema, interactive media

 

River recently announced their first batch of companies. After examine this list, we can see it is apparent that virtual reality boom is storming in at global scale. Let us take a look at who they are and what these companies are working on.

 

DeepStream VR (Seattle, WA)

Healthcare: VR games for pain relief and rehabilitation

Tag line: Virtual Reality games to relieve pain

Founders: Howard Rose, Ari Hollander

 

DISCOVR (Canada)

Education: Immersive learning experiences about exploring the ancient world

Founder: Josh Maldonado, Omar Charles, Professor Bernard Frischer

 

Emblematic Group (Los Angeles, CA)

Journalism: Immersive journalism in VR

Founder: Nonny de la Peña

 

Emergent VR (San Francisco, CA)

Social Media: Instagram of VR; application to create, edit and share 360 VR experiences with the world using mobile phones

Founders: Peter Wilkins, Chris Wheeler

 

Fove (Japan)

Hardware: The world’s first headset to use eye tracking to create an immersive experience

Founders: Yuka Kojima, Lochlainn Wilson

 

Innerspace (France and South Korea)

Entertainment: High quality content focused on artistic and cultural expression

Founder: Balthazar Auxietre and Hayoun Kwon

 

Psious (Spain)

Healthcare: Platform for mental health practitioners to help patients cure fears using immersion therapy in VR

Founders: Xavier Palomer, Dani Roig

 

Reload Studios (Los Angeles, CA)

Entertainment: Game studio of developers and artists from Disney and Call of Duty

Founder: James Chung

 

SDK Lab (South Africa, Botswana, and Cameroon)

Training and Travel: Industrial training and travel in VR

Founders: Shaun Wilson, Christian Yves Fongang

 

Solirax (Czech Republic)

Education: Platform for exploration, discovery and creativity

Founders: Tomas Mariancik and Karel Hulec

 

Triggar (Australia)

Hardware: 360-degree capture camera and system

Founders: Bruce Allan and Rob Allan

 

Thotwise (Argentina)

Entertainment: Game studio focusing on exploration and suspense

Founder: Ariel Arias

 

Vantage.TV (Dallas, TX)

Entertainment: 180-degree viewing experience for concerts and live events (Ticketmaster for VR events)

Founders: Juan Santillan, Michael Richardson, Marc Scharer

 

Author: VR Reporter

I am a hi-tech enthusiast, VR evangelist, and a Co-founder & Chief Director at Virtual Reality Reporter!

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