– HTC’s $100M VR/AR Accelerator Program Showcased Enterprise VR Solutions, Hardware, VR Tools & Services and Entertainment Applications that Will Drive the Industry Forward
– Vive X also Opens Submissions for New Candidates to Join the Program
SHANGHAI, June 26, 2017 — VIVE X, HTC VIVE™’s $100 million global VR/AR accelerator program, has held three separate Demo Days globally, where more than 33 startups from eight countries showcased new innovations in virtual reality (VR) and augmented reality (AR) hardware, entertainment, enterprise solutions and tools and services. The events marked the debut for companies chosen to be part of Vive X’s most recent batch of funded partners.
Additionally, Vive X announced two new milestones. The program is opening its newest incubator location in Tel Aviv, joining offices in Taipei, Beijing, Shenzen and San Francisco. The additional location will solidify the accelerator’s global presence, with a focus on AR and artificial intelligence (AI). Vive X also opened the call for submissions for the next batch of candidates for all five locations, and is now accepting applications at vivex.co.
“The most recent batch of Vive X companies is focused on key stratiegic areas to grow the VR/AR ecosystem,” said Marc Metis, Global Head of Vive X at HTC Vive. “Vive X partnered startups are innovating in VR and AR tools and services, user experience, artificial intelligence, social applications, and solutions for strategic verticals and enterprise.”
Vive X ran its Demo Day events over three weeks in Taipei, San Francisco and Shanghai. The events are meant to propel startups that are part of HTC’s program into the next phase of their business by giving them an opportunity to present before an audience of hundreds of investors as well as press and potential business partners.
Where Vive X focuses on early stage startups, HTC Vive is also a key partner in the Virtual Reality Venture Capital Alliance (VRVCA), which specializes in supporting mid-to-late stage companies. Formed in 2016, VRVCA comprises 48 of the top virtual reality investors in the world representing $18.0 billion total deployable capital. For startups that have moved beyond accelerator phase, VRVCA is now open and accepting applications at vrvca.com.
The deadline is August 15, 2017 for submissions for both the next batch of Vive X companies (vivex.co), and for consideration for VRVCA partnership (vrvca.com).
For more information and to apply for the Vive X program for all five global locations, please visit vivex.co. The companies participating in the current Vive X Demo Days are as follows.
- Opaque Space
- ThermoReal Inc.
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SOURCE HTC Vive