CCP Games raises $30m for VR projects

CCP has won itself investment to the tune of $30m to ensure it is ahead of the VR wave.

The company currently has two virtual reality titles in development – Oculus Rift and PlayStation VR launch title EVE: Valkyrie, due out in the spring, and Gunjack, which is hitting Gear VR later this month.

This new investment has come from New Enterprise Associates and private equity firm Novator Partners.

“We believe VR will revolutionise not just video games, but the wider technology and media industry as a whole,” CCP CEO Hilmar Veigar Pétursson said. “We were there at the beginning, and this investment will give us strength to maintain our leading development efforts.”

NEA’s general partner Harry Weller added: “We’ve been admirers of CCP for quite some time. Their legacy with EVE Online and early investments in VR have put them in a leadership position, and we want to partner with them to further build on the great platform they have already established.” 

Story orignally published on MCV.