Growth Capital | VCTs
NPIF Maven Equity Finance
XR Games is an award winning video game development studio which specialises in AR and VR based games and is led by a highly ambitious team who have previously worked at major studios including Rockstar, EA and Codemasters. XR supports an impressive range of partners and customers including Facebook, Microsoft, Sony Pictures, Sony PlayStation and Unity, and has worked on a number of critically acclaimed games including the Angry Birds VR game.
Revenues generated by the global video games industry are four times larger than the film industry and three times larger than the music industry, and the global VR and AR market is forecast to reach annual revenues of $286 billion per annum by 2025
XR Games has achieved a number of great milestones in a short space of time, and we are delighted to support the business at such an exciting stage in its growth journey. Immersive technology has huge potential in this industry and the team’s experience, ambition and delivery in this niche has been instrumental in XR developing such an impressive list of global clients and partners.
Gavin Bell, Investment Director at Maven
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