Virtual reality is one of the hottest topics in all of sports technology these days. One of the leading companies in this burgeoning field is NextVR who is currently looking to raise another investment round to continue their growth as a virtual reality sports content broadcaster. Their current plan is to raise $80 million for a Series B round and they have secured an investment from Chinese Investment group CITIC Guoan for $20 million. The deal will give CITIC Guoan direct connections to the leading technology and personnel in the VR sector as well as 2.3% of NextVR’s total equity.
NextVR Now Valued At $800 Million With Latest Investment
