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The Venture Reality Fund (VRF) has been an important part of the XR market, investing in some of the best and most innovative companies. Today, the venture-capital firm has revealed that Orange – via its holding company Orange Digital Investment – is investing in the new Venture Reality Fund II.
Some of the companies in the Venture Reality Fund portfolio.
With the aim to reach at least $50 million USD, Venture Reality Fund II is looking to invest in at least 35 XR companies taking advantage of 5G. Orange is the first European telecommunications company to invest, building ties as the XR industry looks towards 5G as an important stepping stone to wider adoption in both consumer and enterprise markets.