# Alta Reality

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alta-reality-pty

- Industry: Software
- Headquarters: Sydney, Australia
- Website: www.altavr.io
- Total disclosed funding: $12M
- Latest round: Seed (Oct 1, 2021)
- Investors on record: 5

## About

The company was co-founded by Joel van de Vorstenbosch, a game developer, and Boramy Unn, a game art designer, in 2016. The company launched its first product Oculus Quest 2, a VR game draw public attention that went to No. 1 and kept the position on the Oculus charts for seven weeks. The company later launched its flagship game A Township Tale, a VR adventure game. In 2022, the company raised USD 12.4 million in the seed round of funding co-led by Makers Fund and Andreessen Horowitz.

The company operates as a VR game developer. The company's technology is procedural generation, which is a way to combine computer algorithms with human-authored assets to create content at mass scale seamlessly while building these virtual worlds. Games developed by the company include Oculus Quest 2 and A Township Tale.

The company plans to expand its virtual product across multiple platforms such as metaverse.

## Funding rounds

- Seed, Oct 1, 2021, $12M — Andreessen Horowitz, Boost VC, Muru Digital, Makers Fund, Pioneer Fund

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed
- Boost VC (https://capitalatlas.ai/funds/boost-vc) — Seed
- Muru Digital — Seed
- Makers Fund (https://capitalatlas.ai/funds/makers-fund) — Seed
- Pioneer Fund (https://capitalatlas.ai/funds/pioneer-fund) — Seed