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Job Simulator creator Owlchemy Labs raises $5 million for VR games

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Owlchemy Labs, the maker of the hilarious Job Simulator virtual reality game, has raised $5 million in funding from Qualcomm and others.

The Austin, Texas-based startup aims to create premium VR games across multiple platforms. In addition to Qualcomm Ventures, investors include HTC, The VR Fund, Colopl Next, Capital Factory, and other Austin technology investors. Owlchemy will use this investment to grow its content development teams, create original VR software, and build technology that pushes the limits of VR across multiple platforms.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.