# MeetVR

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/meetvr

- Industry: Software
- Headquarters: Beijing, China
- Website: www.meetvr.com.cn
- Total disclosed funding: $1.5M
- Latest round: Series A (Nov 16, 2018)
- Investors on record: 4

## About

MeetVR is a technology company specializing in virtual reality solutions that enhance user interaction and engagement through innovative digital experiences.Founded in 2016, MeetVR is based in Beijing, China, focusing on developing immersive virtual reality technologies. The company has undergone strategic pivots to refine its offerings. It has raised a total of CNY 10.000 mn in funding, with the latest round being an Angel round in November 2018, backed by investors including Qianshu Capital and Xiaomi Group. The company has completed four deals to date.MeetVR offers a variety of virtual reality products designed to improve user engagement and experiences. Core products include advanced VR headsets and interactive software applications, which cater to both entertainment and educational sectors. These cutting-edge solutions target a diverse audience, including gamers and educational institutions looking for immersive learning tools.MeetVR generates revenue through direct sales of its virtual reality products, which are marketed via its online platform. The business model primarily involves one-time product purchases, allowing users to access innovative VR experiences without ongoing subscription fees. Pricing is designed to be competitive, ensuring accessibility for a broad range of consumers interested in VR technology.MeetVR plans to expand its product line by launching several new VR devices and applications aimed at enhancing user interaction by the end of 2023. The company is also targeting expansion into international markets, specifically North America and Europe, to reach a broader consumer base. The recent funding from the Angel round will be strategically utilized to support these upcoming product launches and geographic expansion efforts.

## Funding rounds

- Series A, Nov 16, 2018 — NLVC
- Angel, Jun 29, 2018, $1.5M — Qianshu Capital, Xiaomi Group
- Series A, Apr 4, 2018 — StarVC

## Investors

- StarVC (https://capitalatlas.ai/funds/starvc) — Series A
- Qianshu Capital (https://capitalatlas.ai/funds/qianshu-capital) — Angel
- Xiaomi Group — Angel
- NLVC (https://capitalatlas.ai/funds/nlvc) — Series A