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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Stubbs Alderton & Markiles, LLP attorney representing The Venture Reality Fund in the transaction was Greg Akselrud.
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.
To learn more about our Internet, Digital Media & Entertainment Practice, contact Greg Akselrud at firstname.lastname@example.org