# SpaceVR

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.spacevr.co
- Total disclosed funding: $1.3M
- Latest round: Seed (Apr 28, 2016)
- Investors on record: 2

## About

SpaceVR is an innovative company focused on creating immersive virtual reality experiences that simulate space travel, allowing users to explore the cosmos from the comfort of their homes.Founded in 2014 in San Francisco, US, SpaceVR develops virtual reality content aimed at providing users with a space exploration experience. The company received a Seed funding round of USD 1.25 mn led by Shanda Capital in April 2016. The founding team includes Kevin Yena and Ryan Holmes, with Ryan Holmes currently serving as CEO.SpaceVR specializes in virtual reality products that enable users to experience space exploration. Their main offerings include VR content that simulates space travel, targeting both individual consumers and educational institutions. The company’s services are utilized globally, particularly in North America, Europe, and parts of Asia, attracting users from various sectors, including education and entertainment, who are interested in enhancing their understanding of space.SpaceVR generates revenue through sales of their VR experiences and educational packages. Clients typically purchase subscriptions or one-time access to their virtual reality content, which is designed to cater to schools, universities, and individual consumers seeking to learn about space in an interactive format. The revenue structure includes a combination of direct sales and partnerships with educational organizations.SpaceVR plans to launch new VR experiences focusing on different celestial bodies and phenomena, with targeted release dates set for 2023 and beyond. The company is also looking to expand its market reach into Asia-Pacific regions by 2025. The recent funding of USD 1.25 mn will primarily be utilized to develop additional content and enhance marketing efforts to attract educational institutions and individual users interested in virtual space experiences.

## Funding rounds

- Seed, Apr 28, 2016, $1.3M — Shanda Capital, Skywood Capital

## Investors

- Shanda Capital — Seed
- Skywood Capital (https://capitalatlas.ai/funds/skywood-capital) — Seed