Dreamscape Immersive Partners With Nickelodeon for Location-Based VR Experience

Dreamscape Immersive, the location-based virtual reality (VR) startup headed by Disney and DreamWorks veterans, has teamed up with Nickelodeon to produce a VR experience based on Nickelodeon’s intellectual property. The commitment comes as Nickelodeon has joined other entertainment companies to invest in Dreamscape’s Series B round of funding.

Dreamscape Immersive is one of a handful of startups looking to take VR out of the living room, and offer consumers  experiences that combine physical cues with the ability to freely walk around in virtual worlds. The company is in the process of launching its first location in Los Angeles next year, and has partnered with AMC to launch six additional locations in the future.

Dreamscape announced in September that it had raised $20 million in funding led by AMC. On Wednesday, it announced that Nickelodeon, Majid Al Futtaim, VRSense Solutions Limited, and Image Nation Abu Dhabi had joined the round as additional investors, contributing another $10 million.  Bold Capital Partners, 21st Century Fox, and Warner Bros., who had previously invested in the company’s Series A, also returned for more.

“This group of existing and new investors, each of whom are leaders in their own respective categories, not only share in our vision but will help Dreamscape Immersive execute and grow, said Dreamscape COO Aaron Grosky in a statement. “We couldn’t be more excited for what we’re going to be able to accomplish together.”

 

More Digital

  • China's iQIYI Takes Further Step to

    China's iQIYI Takes Further Step Toward IPO (Report)

    Dreamscape Immersive, the location-based virtual reality (VR) startup headed by Disney and DreamWorks veterans, has teamed up with Nickelodeon to produce a VR experience based on Nickelodeon’s intellectual property. The commitment comes as Nickelodeon has joined other entertainment companies to invest in Dreamscape’s Series B round of funding. Dreamscape Immersive is one of a handful […]

  • Snapchat Content Chiefs Talk Redesign, Scripted

    Snapchat Content Chiefs Talk Redesign, Scripted Programming

    Dreamscape Immersive, the location-based virtual reality (VR) startup headed by Disney and DreamWorks veterans, has teamed up with Nickelodeon to produce a VR experience based on Nickelodeon’s intellectual property. The commitment comes as Nickelodeon has joined other entertainment companies to invest in Dreamscape’s Series B round of funding. Dreamscape Immersive is one of a handful […]

  • Sheryl Sandberg

    Sheryl Sandberg, Jack Dorsey Won't Seek Re-Election to Disney Board

    Dreamscape Immersive, the location-based virtual reality (VR) startup headed by Disney and DreamWorks veterans, has teamed up with Nickelodeon to produce a VR experience based on Nickelodeon’s intellectual property. The commitment comes as Nickelodeon has joined other entertainment companies to invest in Dreamscape’s Series B round of funding. Dreamscape Immersive is one of a handful […]

  • 75th ANNUAL GOLDEN GLOBE AWARDS --

    You Can Listen to Oprah’s Golden Globes Speech on Spotify

    Dreamscape Immersive, the location-based virtual reality (VR) startup headed by Disney and DreamWorks veterans, has teamed up with Nickelodeon to produce a VR experience based on Nickelodeon’s intellectual property. The commitment comes as Nickelodeon has joined other entertainment companies to invest in Dreamscape’s Series B round of funding. Dreamscape Immersive is one of a handful […]

  • American Made

    'American Made' Tops DVD, Blu-ray Charts

    Dreamscape Immersive, the location-based virtual reality (VR) startup headed by Disney and DreamWorks veterans, has teamed up with Nickelodeon to produce a VR experience based on Nickelodeon’s intellectual property. The commitment comes as Nickelodeon has joined other entertainment companies to invest in Dreamscape’s Series B round of funding. Dreamscape Immersive is one of a handful […]

  • Twitter outage

    Facebook’s Loss Is Twitter’s Gain: Stock Closes at Two-Year High

    Dreamscape Immersive, the location-based virtual reality (VR) startup headed by Disney and DreamWorks veterans, has teamed up with Nickelodeon to produce a VR experience based on Nickelodeon’s intellectual property. The commitment comes as Nickelodeon has joined other entertainment companies to invest in Dreamscape’s Series B round of funding. Dreamscape Immersive is one of a handful […]

  • Electronauts

    VR Music App Electronauts Could Be the Next Tilt Brush

    Dreamscape Immersive, the location-based virtual reality (VR) startup headed by Disney and DreamWorks veterans, has teamed up with Nickelodeon to produce a VR experience based on Nickelodeon’s intellectual property. The commitment comes as Nickelodeon has joined other entertainment companies to invest in Dreamscape’s Series B round of funding. Dreamscape Immersive is one of a handful […]

More From Our Brands

Access exclusive content