Swords of Gargantua.

Thirdverse raises $8.5 million to expand its VR business

VR developer Thirdverse has completed a Series A funding round worth $8.5 million, showing that investors are still happy to get into VR gaming.

Thirdverse worked on the multiplayer sword-fighting VR game Swords of Gargantua, which came out in 2019. JAFCO lead the investment round, with Presence Capital, Sisu Ventures, and Incubate Fund also investing.

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Mike Minotti

Mike Minotti has been with GamesBeat since 2012, starting as an intern. Based near Youngstown, Ohio, he now manages GamesBeat's editorial team. He's also a prolific podcaster, appearing on multiple shows covering the gaming industry.