News and Announcements
8i Raises NZD$20m with Hollywood Help
- Published October 15, 2015 11:29AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
15th October 2015, By Holly Ryan, NZ Herald
Movie star Ashton Kutcher and Samsung are among the group of global investors backing a Wellington-founded virtual reality company 8i to the tune of $20 million.
The company, co-founded by Linc Gasking in May last year, has developed a platform that enables users to create, experience and share lifelike 3D video using a virtual reality headset.
It would be using the funding, from venture firms, including Kutcher’s Sound Ventures, RRE Ventures, Founders Fund Science, Horizons Ventures, Samsung Ventures and Dolby Family Ventures, to hire staff and fund growth.
“8i records people in a new, more advanced approach than cinematic 3D, allowing viewers to move around freely and experience an authentic feeling of emotional connection with the person they’re watching,” Gasking said.
To read the full article, please click here.
Company Updates
The Index Approach in Early-Stage Venture Capital: Reconsidered
The venture capital (VC) landscape is marked by its dynamism and complexity, especially in early-stage investing. The traditional approach in VC, characterised by a selective and intensive vetting process, often contrasts with the concept of ‘index investing.’ This article revisits the indexing approach in early-stage VC, incorporating insights from recent studies and data, including a […]
The Future Is Now: The Evolution of Dealflow with Wholesale Investor
If you’ve ever thought of investing or expanding your portfolio, there’s no better time than the present. In the fast-paced world of investment, things are changing at a breathtaking speed, and it’s crucial to stay ahead of the game. The Future of Deal Flow is Today Dealflow, the lifeblood of the investment world, is not […]
Investability of a Startup: A Comprehensive Guide for Angels and High-Net Worth Investors
Venturing into the Startup Scene Let’s dive into the intriguing world of startups. It’s a thrilling ride, isn’t it? Like finding a pearl in an ocean, spotting a promising startup amidst a sea of businesses is no easy task. This guide aims to light the way, focusing on the “The Investability of a Startup: 7 […]
Backed By Leading Investment Groups and Family Offices
