MyDearest, the Japan-based VR studio behind the Chronos journey recreation franchise, introduced it’s secured $7.8 million (1.2 billion yen), one thing the studio says it would use to develop its present IP for VR headsets, resembling Meta Quest and PSVR 2.
The funding was led by SBI Funding Co., Ltd. and is joined by DG Daiwa Ventures Inc., NetEase Video games, Wing Capital Companions, Ltd., OLM Ventures Inc., Samurai Incubate Inc., Dentsu Group and Mitsubishi UFJ Capital.
MyDearest initially specialised in patently Japanese-style journey video games that’s closely influenced by manga, together with Tokyo Chronos (2019), Altdeus: Past Chronos (2020), and Dyschronia: Chronos Alternate (2022).
With the funding, the studio hopes to additional develop each its unique IP and publishing enterprise. Coming in 2024 is the studio’s first multiplayer shooter, Brazen Blaze, representing the studio’s first large step clearly exterior of the journey recreation style.
In line with MyDearest CEO Kento Kishigami, the studio hopes to make use of the funding to raised enchantment to customers worldwide, and never simply in Japan.
“Till now, MyDearest has been a frontrunner in VR video games representing Japan, however with this spherical of funding, it would turn into a frontrunner in VR video games “representing the world.” The know-how of VR holds the potential to create leisure experiences that can turn into the frequent language in a brand new world.”
Based in 2016, the newest spherical brings the corporate’s complete funding to $16.1 million (2.4 billion yen) so far.