AmazeVR Raises $9.5M in Funding


AmazeVR, a Los Angeles, CA-based company bringing artists closer to fans anywhere, anytime through immersive technologies, raised $9.5m in funding.

The round was led by Murex Partners, with participation from We Ventures, Bass Investment, and Dunamu & Partners and existing investors Mirae Asset Venture Investment, Mirae Asset Capital, Partners Investment and Timewise Investment.

The company intends to use the funds to expand operations and its business reach.

Founded in 2015 by Ernest Lee and Steve Lee, co-CEOs, AmazeVR is a virtual concert platform for high quality VR content creation and mass distribution. It provides an end-to-end solution to experience immersive music content with proprietary technologies—from ultra-high-resolution custom cameras, to cloud-based creation tools, to intuitive social interactions with friends as avatars.  

AmazeVR recently collaborated with Roc Nation R&B/Hip-hop duo Ceraadi for its debut Immersive Concert Experience, and the company has several other concerts in the works.