HTC VIVE and Epic Games Announce New Investment in Wevr for Cutting-Edge VR Brand Experiences
Corporate News | Metaverse | Extended Reality | Business | Games
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HTC VIVE and Epic Games have announced a new $3.5 million funding round in Wevr, a development and production studio that’s launched a variety of VR experiences for fans of some of the world’s most beloved brands and talents, including Harry Potter, Run the Jewels, Jon Favreau, and more. The new investment comes as Wevr expands its Virtual Studio technology and real-time 3D production capabilities, enabling the company to continue building the most immersive, compelling experiences for fans worldwide.
Based in Los Angeles, Wevr is a leader in immersive experience development, known for blending cutting-edge technology with creative storytelling. Their projects cover multiple mediums including VR, and range from the critically acclaimed underwater adventure, TheBlu, to collaborative ventures like Harry Potter VR, Waves by Reggie Watts, Jon Favreau’s Gnomes & Goblins, and more. With a decade of expertise, Wevr has consistently pushed the boundaries of what's possible in VR.
Cher Wang, CEO of HTC Corp, expressed her enthusiasm about the partnership, stating, "Wevr is an incredibly creative company with a command of XR technology. They are the ones to beat in this space. We share the founders’ mission and passion for creating high quality spatial content and bringing immersive experiences to the next level on premium XR systems.”
“The value-add of engaging demanding fans and brand communities with interactive immersive experiences is more evident than ever,” said Neville Spiteri, Wevr Co-Founder and CEO. “We were pioneers in the space with the first generation of headsets, and are excited to lead in this next wave and produce the most compelling experiences for entertainment and non entertainment brands alike.”
The new funding round will enable Wevr to expand its Virtual Studio technology and enhance its real-time 3D production capabilities, positioning it to lead the way in technologically impressive interactive experiences. The investment underscores HTC's goal of fostering a healthy and responsible XR ecosystem, a core pillar of which is creative studios like Wevr.
Wevr's co-founders, including Neville Spiteri, Anthony Batt, and Marcel Samek, bring a unique blend of technological prowess and creative insight to the table. Their collective experience includes work at major studios and collaborations with multinational companies such as Google, Samsung, and Universal.
As virtual and augmented reality technologies continue to evolve, HTC's support for innovative platforms like Wevr helps ensure that the future of VR is not just interactive, but truly transformative for people around the world.
