First Contact Entertainment Receives $5,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=664232c4-0a21-4fe3-86af-c7906680a271
Date
10/10/2016
Company Name
First Contact Entertainment
Mailing Address
1333 2nd St 3rd Floor Santa Monica, CA 90401 USA
Company Description
A new studio focused on creating narrative-driven VR games & experiences with the highest production values. Drawing from experience building some of the most innovative VR games. The company’s mission is to become the top independent AAA VR game development team in the industry.
Website
http://www.firstcontactent.com
Transaction Type
Venture Equity
Transaction Amount
$5,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company intends to use the funds to continue to create VR gaming narrative-driven content.
M&A Terms
Venture Investor
Undisclosed