Psychic VR Lab, the Japanese studio behind XR content creation app
STYLY has announced the successful completion of a new funding round. The company managed to raise $8.5 million USD (¥900m JPY) from several key investors to help with its global expansion of the platform.
The round was led by KDDI Open Innovation Fund No. 3 (operated by Global Brain Co., Ltd.) and also featured DG Ventures Co., Ltd., DG Daiwa Ventures Co., Ltd., and DK Gate Co., Ltd. among others. This brings Psychic VR Lab’s total funding to approximately $18 million.
With the investment Psychic VR Lab will be expanding its team to help promote and commercialise
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