Estonia/UK-based startup U24 Solutions secures $1.2 million
16 February, 2021, 16:28
U24 Solutions, a Hitchin, UK and Tallinn, Estonia-based software development studio, has secured $1.2 million in funding. The money was raised from Thorgate Ventures and MSD Service OY, EU.Startups reports.
Founded in 2017 by Steve Parker and CEO Arnet Mahmastol, U24 Solutions is Virtual Reality games developer. The company specializing in the creation of immersive experiences through virtual reality. The team makes real-time simulations, using realism and custom libraries of hyper-detailed 3D objects and environments optimized for the VR experience.
The funding will help the company to make VR exciting for bigger masses and VR fans who don’t exactly own VR headsets, in a market that is expected to reach a record 5 million.