VividQ is a deep tech business specialising in software designed to trigger mass adoption of 3D holography, while Admix enables AR/VR developers to monetise their content.
Sure Ventures made a direct investment in VividQ, with the funding round led by 22.1%-owned associate Suir Valley.
Both VividQ and Admix offer new, innovative and impressive technologies in the VR/AR vertical, said Gareth Burchell, director.
Sure’s net asset value dropped by 9.5% to 83.03p over the quarter to March largely due to a dip in the share price of London-listed out-of-home VR group Immotion Plc (LON:IMMO), though it recovered some ground in April.
VR game studio WarDucks, another Suir Valley investment, raised €3.3mln during the period, which represented a four-fold value uplift said Burchell.