VRChat scoops up $80 million in funding with help from Anthos Capital

he makers of VRChat have picked up $80 million in funding in a round of Series D investments led by Anthos Capital, with participation from Makers Fund, GFR Fund, and other investors. Per a press release, the company said it intends to build on the services currently used by over 40,000 concurrent users. The $80M will be used to “expedite development of a creator economy,” develop a “social discovery system for more meaningful experiences,” and expand the software to other VR platforms. VRChat has stood out as a somewhat unexpected success in the VR World—it’s not a game, but a social space where users can goof around and socialize using custom-made, sometimes copyright-skirting avatars. The platform has risen to mainstream attention on a number of occasions—including after the 2020 election—where a group of users recreated the site of former Trump lawyer Rudy Giuliani’s ill-fated election press conference in the parking lot of Four Seasons Landscaping in Philadelphia. https://www.gamasutra.com/view/news/384176/VRChat_scoops_up_80_million_in_funding_with_help_from_Anthos_Capital.php