Social Media Sidebar


Please sign up, comment on articles and bring your friends!

Current poll

PlanetTech is asking:

What do you think about our new web site?

Love it, indeed
Really good solution
Same as old one
The old one was better
This is a new option

Quote of the day

Just because something doesn’t do what you planned it to do doesn’t mean it’s useless.


Thomas Edison

Razer is investing $30 million into games, tech, and VR

Posted in Games on 13th Sep, 2016 10:12 AM by AlexMuller

Razer wants to use some of the cash in its bank account to get in early on the next big tech breakthrough. The gaming-equipment manufacturer revealed today that it is launching zVentures, a new wing of Razer that will invest up to $30 million in startups working in the cutting-edge tech fields that are leading innovation.


This is different from the OSVR Fund that Razer is heavily involved with and works on offering platform-agnostic VR games. Potential areas of interest for zVentures include virtual reality, Android gaming, robotics, the internet of things (IoT), and big data. Razer wants companies that will make sense with any future products that it rolls out. The company has already built up a strong reputation for its PC-gaming peripherals, and it has spent the last year building on its brand of keyboards by also introducing laptops, headsets, and audio-video equipment.

“Razer has a long history of supporting partners, third-party product and business development,” Razer cofounder and chief executive Min-Liang Tan said in a canned statement. “The cumulative benefit of those initiatives over the past decade has been very positive and significant. zVentures promises to take the sensibilities of our ventures work forward with far greater reach and impact.”
The earmarked $30 million will not all go to one company. Instead, zVentures will spread out that risk among multiple companies in the various fields. Razer is specifically planning to set aside $5 million for VR-related investments and $5 million for Android game publishing.
Razer is heavily involved in both of those markets. It has its own HDK2 VR headset, and it is also the chief company responsible for the Open Source VR consortium. For Android gaming, the company acquired the software and name of the microconsole startup Ouya in 2015. Razer wants to use that and its Android-powered line of Shield devices to bring a different kind of inexpensive gaming to the world at large and China in particular.
The zVentures website is live right now, and it is accepting pitches.

Tags: VRgamingvirtual realityOculusVivebusinesshardwareRazer

Read original article » Back to category



Recent headlines

  • Posted in Business on 2018-05-21 16:28:10
    Anti-nuclear policies increased global carbon by more
    Posted in Medicine on 2018-05-21 16:22:31
    Magic mushroom treatment improves emotional more
    Posted in Medicine on 2018-05-21 16:18:57
    Antioxidant found to wind back the clock on blood more
    Posted in Software on 2018-05-21 16:14:32
    3 key artificial intelligence benefits for the future more
    Posted in Medicine on 2018-05-20 11:05:43
    Cannabidiol significantly reduces seizures in more
Posted in Business on 2013-10-10 01:33
China is working towards a manned lunar mission in more
Posted in Business on 2013-10-20 07:17
Spacex says China is their main competitor for more
Posted in Software on 2013-10-20 06:43
Pirate Bay Browser Clocks 1,000,000 more
Posted in Medicine on 2013-10-10 02:10
Google reportedly investing hundreds of millions into more
Posted in Medicine on 2013-10-14 03:13
Endothelial Cells Can Repair and Regenerate Organs, more
Posted in Science on 01.01.2010
Spacex says China is their main competitor for more
Posted in Science on 01.01.2010
Staring at Your Phone Could Be Making You Short more
Posted in Science on 01.01.2010
Oculus Rift virtual reality headset coming to mobile, more
Posted in Science on 01.01.2010
China is working towards a manned lunar mission in more
Posted in Science on 01.01.2010
Delivering drugs via nanoparticles to target more

Recent Blog Posts

  • Posted by AlexMuller
    In five years quantum computing will be more
    Posted by AlexMuller
    Google partners with Johnson and Johnson to make lower more
    Posted by AlexMuller
    Electron holography microscope with spatial resolution down more
    Posted by AlexMuller
    Lower cost advanced Nuclear power could dominate future US more
    Posted by AlexMuller
    Why Hasn’t AI Mastered Language Translation? more

Login to your Account

Login to your PlanetTech Account here

Remember me

Create a New Account

You just need username and password

The following errors occured:
Verify password:
Remember me