Upload VR, who recently partnered with Augmented World Expo 2015 and has hosted a number of showcases, will be honing its focus on investors and founders in the very near future. This international community of virtual reality (VR) pioneers is wrangling together a July 13 VR-focused demo day in the heart of Silicon Valley.
VR has increasingly captured more of the spotlight in mainstream game development, including, most recently, a storm of new hardware and games shown at E3 2015 and a resulting flood of press coverage. From impressions to measured estimates, Digi-Capital projects the value of the VR market to reach 30 billion dollars in value by 2020. While that’s a quarter of the projected 120 billion dollar value of the augmented reality space, almost half of the VR market could be owned by game development.
With tantalizing estimates like that, it would stand to reason why Upload VR would want its footprint in the investment side of the equation.
Among the “Investor & Founder Virtual Reality Demo Day” highlights to expect, according to Upload VR’s press announcement:
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15 hand-picked virtual reality startups, chosen from hundreds of submissions, will pitch on the main stage to an audience of VC and Angel investors.
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Pitch judging committee includes the VR industry’s most active investors — partners from Google Ventures, Qualcomm Ventures, Comcast Ventures, Rothenberg Ventures, Samsung Early Stage VC Fund, Crosscut Ventures and BoostVC.
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BoostVC will invest up to 25,000 dollars on stage, after hearing VR startups pitches.
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The judge’s favorite company will win a table at Techcrunch Disrupt SF and the UploadVR Top Startup award.
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Founders circle will feature successful icons including, Eric Romo, Anush Elangoven and Philip Rosedale.
Upload VR is not undertaking this event alone, as they have the support of Perkins Coie, BoostVC and Rothenberg Ventures River.
Early bird tickets for the event are already sold out, but 595 dollar tickets remain for the invite-only July 13 demo day showcase.
