Yahoo Japan Invests in The Venture Reality Fund

Published by , June 12, 2017 1:55 pm

(VentureBeat) Yahoo Japan has invested an undisclosed amount of money in The Venture Reality Fund. Yahoo! Japan, which has more 90 million daily users for its internet media, joins HP as a major company that wants to be part of the AR and VR investment scene. The combined worldwide market for AR and VR is expected to exceed $143 billion by 2020, an annual growth rate of 198 percent from 2015, according to market researcher IDC.
The VR Fund is one of the most active and experienced venture investors in the sector, and it has raised an estimated $50 million for its fund for early-stage startups.

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