Wednesday, June 13, 2018
Advised Volograms Limited, a new spin-out from Trinity College Dublin and a High Performance Start Up with Enterprise Ireland, on its first seed funding investment of €600,000 led by Atlantic Bridge and the University Bridge Fund.
Volograms Limited operates in the developing field of Augmented Reality and Virtual Reality (AR and VR). The VR and AR market is forecast to be worth $108 billion by 2021, having had a value of less than $5 billion in 2016. Big technology players, such as Google, Microsoft, Facebook and Apple are investing heavily towards bringing VR and AR devices to consumers.
Corporate Associate Sarah Irwin advised Volograms Limited on the transaction.