NSA leads a syndicated investment in VR game studio Sólfar
Sólfar Studios have received EUR 2 million in a Seed series investment from a group of leading venture capital funds across the Nordics and Asia. The seed round syndicate includes Shanda Group, Tianqiao Chen's private investment group, Iceland´s NSA Ventures, and Finnish VCs Inventure and Reaktor Ventures along with individual investors from the company´s previous angel round.
Founded in October 2014, Sólfar's mission is to create and publish pure VR games and experiences that thrill players, define the medium, and establish Sólfar as the category leader in virtual reality entertainment.
“"We see virtual reality as the new medium to bring fully immersive alternative worlds to the mass population, and high quality, breath-taking content created by innovative studios like Sólfar provides entry to those worlds," added Tianqiao Chen, founder, Chairman and CEO at Shanda Group.
“It´s a privilege to welcome a strong and visionary investor group from the Nordic countries and Asia to fuel our growth into the fascinating field of VR,” said Kjartan Pierre Emilsson CEO and co-founder at Sólfar. “By benefiting from their strong network, experience and access to a global talent pool, we are dramatically accelerating Sólfar's ability to create trailblazing content for this medium of the future.”
“We see Sólfar as one of the rising stars of the Nordic gaming community,” said Helga Valfells CEO at NSA Ventures. “Iceland has a growing game developer community that is known for embracing cutting-edge technology and taking a creative and artistic approach to gaming. As a fund we are very excited about VR and believe that the Sólfar team has the right skills to build a global VR success story.”