ForeVR raises $10M to become the Wii Sports of VR

VR developer ForeVR has a specific aim: to build the Wii Sports of VR. With this goal in mind, the company has secured another $10 million in Series A funding. Lobby Capital led the round, joined by returning investors Bessemer Venture Partners and Galaxy Interactive, among others. Including this latest funding, ForeVR has raised $18.5 million since launching in July of 2020.

“At Zynga, we proved that 2D social games like Words with Friends and Farmville had the power to build massive audiences by bringing people together in play. Marrying what we learned at Zynga with the visual richness of VR will allow us to take social gaming to the next level,” said Marcus Segal, CEO and co-founder of ForeVR Games, in a press release. “Our new funding validates our work thus far and our vision for creating a new ‘Wii Sports of VR’ that brings everyone of ages together in hyper-realistic, immersive worlds.”