It’s a busy time for Stockholm-based Cortopia Group, the developer of popular multiplayer VR game, Wands. Last month we reported the company had acquired a majority share in Zenz VR, and now the studio has raised yet more money.
The Swedish studio raised $1.4 million (or 12 million SEK) in a funding round that closed at the end of April, it shared this week. This cash will go towards accelerating R&D in both VR and AR as well as expanding its work in the esports field.
In a prepared statement Cortopia Group CEO, Andreas Skoglund noted that the studio was particularly interested in AR given recent advances in the field. “Mobile AR is accelerating quicker than we first anticipated and in order to remain competitive, we need to embrace the advances in technology and the ways in which users show us they want to play games,” he said.
Skoglund’s comments are well-timed considering yesterday’s announcement of ARKit 2 from Apple, which will introduce shared AR experiences for your iPhone and iPad. Could we possibly see Wands in AR soon?
Either way, expect to see big things come from Cortopia ins the coming months, especially on the VR side where the company’s recent investment in Zenz should provide even more games to dive into.
