Unity raises $181m to fund VR and AR titles

Unity Technologies has secured an impressive $181m that can be put towards virtual and augmented reality projects.

The figure was the result of a round of series C funding as the engine firm aims to help more studios grow the market for both VR and AR games, GamaSutra reports.

Investment firm DFJ Growth was the biggest contributor, and says it was attracted to Unity because of its leading role in AR and VR development. The vast majority of titles for Samsung’s Gear VR are based on Unity, as is the latest augmented reality hit Pokémon Go.

DFJ Growth will also take a seat on Unity’s board of directors.