Virtual Reality Firm Striker VR Sells Minority Stake for $4 Million

New Orleans-based Striker VR, a subsidiary of HapTech, Inc., has sold a minority stake in the business to an unnamed strategic investor based in the UK for $4 million. 

This latest investment will help the virtual reality production and gaming company transition to the consumer market. 

HapTech primarily focuses on bringing next level haptic technology to the industrial and consumer electronics industry, while Striker VR currently focuses more on the theme park and location-based entertainment market. 

The business is based in Scale Workspace, a shared workspace offering advanced manufacturing equipment like 3D printers to its members. 

There was just never a place like this where there were people who had 3D printing capabilities and could accelerate our process,” said Martin Holly, a co-founder of HapTech and Striker VR along with partner Kyle Monti. ‘As tenants, we have access to all their 3D printing technology downstairs, which is millions of dollars worth of equipment that (we) would otherwise have had to pay for.”

To learn more about Striker VR, visit strikervr.com