FOVE Secures $11 Million in Series A Funding Following $480k Kickstarter Success

Mar 23, 2016 | Crowdfunding

FOVE – the world’s first eye tracking virtual reality headset – has closed an $11 million Series A round led by Colopl VR Fund, with participation from the venture fund of Hon Hai (Foxconn), 2020, and Samsung Venture Investment.

Read about it on TechCrunch here.

This news follows a successful Kickstarter campaign that raised $480,650 in 45 days, run by our team here at RainFactory – which garnered 1,480 backers and over 20,000 followers on social media. FOVE will use its Series A to speed up mass manufacturing of its headset.

Engadget raves that FOVE “recreates how you see the real world,” and all we can say is, “hear, hear!”

From all of us at RainFactory: Congratulations, FOVE – you’ve catapulted us into another world!