Stubbs Alderton & Markiles represented lead investor The VR Fund in Torch 3D’s investment round. Torch 3D has raised $3.5M to build out an augmented and virtual reality prototyping platform meant to help designers to develop and design in 3D with no prior knowledge of game or software development.
Additional investors include Seven Peaks Ventures, GVR Fund, Presence Capital, Antipodean Ventures, Jerome Capital, and TWB Investment Partnership.
The VR Fund brings expert guidance and resources to promising and early stage VR, AR and MR startups. The VR Fund seeks innovative companies across a wide variety of sectors – from infrastructure and development tools to content and applications. They are eager to help entrepreneurs bring industry-defining technology to market faster, and to positively impact their growth path by providing the capital, insights and strategic relationships needed at this critical time.
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Greg Akselrud is a founder and partner of the Firm and a member of the Firm’s Executive Committee. He chair’s the Firm’s Internet, Digital Media and Entertainment Practice Group. Greg advises a wide range of public and private clients across a number of industries, including companies in the entertainment, digital media, Internet, technology, consumer electronics and apparel industries.
Nick C. Feldman is an associate of the Firm. Nick’s practice focuses on corporate transactions, including mergers and acquisitions, dispositions, private equity transactions and general corporate matters for both public and private clients, focusing on middle-market and emerging growth companies. In addition, Nick counsels companies in connection with entity formation, corporate governance, federal and state securities laws and compliance, joint ventures, employee incentive plans, executive employment agreements and other executive compensation matters.
To learn more about our Internet, Digital Media & Entertainment Practice, contact Greg Akselrud at firstname.lastname@example.org