SPACES is a leading virtual reality (VR) and mixed reality (MR) company founded by ShirazAkmal and BradHerman. Both founders were the leaders of DreamWorks Animation's VR experience. The SPACES team is the most experienced in the VR industry. One of the teams, designers, original artists and programmers have worked on a large number of VR projects and have extensive experience in theme parks, animation, visual effects, film and television. In addition to cooperation with the company, SPACES also has business cooperation with Microsoft, NBC Universal and other companies and established a good relationship.
Yesterday SPACES received an investment of US$4.1 million from Songcheng Performing Arts as a leading investor, and obtained 11.23% of SPACES shares and a board seat. Other investors in this round include Comcast, Youku, etc., and Songcheng will become the second largest external investor after Comcast.
After 20 years of development, Songcheng has become the first Chinese performing arts. The integration advantages of Songcheng and SPACES, and the alliance, are expected to lead the new wave of international technology entertainment. Through cooperation, Songcheng will open channels for grafting high-quality overseas entertainment resources and enjoy the advantages accumulated by American related industry companies in terms of products, content and gameplay. The unique cultural foundation and technological elements of Songcheng Performing Arts will create a new generation of entertainment experience, and drive the global theme park into the 2.0 era of virtual technology deep experience.
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