BigBox VR, a Seattle, WA-based maker of online VR multiplayer games, secured $5m in seed funding.
The round was led by Shasta Ventures with participation from GSR Ventures and Pioneer Square Labs Ventures. In conjunction with the funding, Jacob Mullins, a partner at Shasta Ventures, joined the board of directors.
The company, which has raised a total of $6.45m to date, intends to use the funds to finalize its second game.
Co-founded by Chia Chin Lee and Gabe Brown, game industry entrepreneurs who led exits and launched top-grossing live service products at Valve, Disney, Sony, and Microsoft, BigBox VR will launch the first FreeMotion battle royale VR game, POPULATION: ONE, in 2019 building upon its first VR game, Smashbox Arena.
POPULATION: ONE will launch with cross-play compatibility (HTC Vive, Oculus Rift and Windows Mixed Reality with more platforms to come), and live services featuring ongoing events and new content drops.
FinSMEs
08/11/2018