UNLTD has announced the close of its seed funding round with a total of $1,100,000 raised. Founded in 2015, UNLTD is a virtual and augmented reality (VR, AR) content and technology studio with experience in 3D, 360 and stereo camera development. The company will use the money to continue expansion of their full service branded VR/AR experiences for clients, as well as the development of original virtual experiences for commercial distribution.
The financing was led by a group formed by serial entrepreneur and Vrvana investor Richard D. Adler of Interdomus as well as media and entertainment investor David Reckziegel of Rex Media Capital.
“Virtual and augmented reality are the next frontier in entertainment and branded content,” said co-founder and CEO, John Hamilton. “At UNLTD we are committed to driving immersive content to new levels. It’s an amazing new storytelling platform and we’re developing cutting edge production techniques for immersive content. With this funding, we have the opportunity to continue building on our current success with clients such as Universal Pictures (Fifty Shades Darker), A&E Networks (Fall Into Me) and brands such as L’Oréal Cosmetics and Intercontinental Hotels.”
Other investors include Senvest Capital, Rex Media Capital, Claude Gagnon, former president of Technicolor Creative Services, and Richard Bridgwood, the former managing director of Entertainment One UK. Richard Adler and Stuart Cobbett of Rex Media Capital will join the board of UNLTD.
“Virtual reality is a platform to provide experiences unlike anything we have ever seen before,” said Adler. “We believe VR/AR is the way of the future in entertainment and our investment in UNLTD shows our commitment to the growth and development of new businesses and applications for VR/AR/XR content and technology.”
UNLTD recently launched the extended VR trailer for “Trinity,” an interactive, science-fiction VR series, at the 2017 Cannes Film Festival in May 2017. The premise of “Trinity” is set in the future where humans have long been extinct. Androids, the last surviving beings on Earth, are fighting a final war for freedom against an all-powerful A.I., their God. “Trinity” is in post-production and the pilot episode will be released to select partners by fall of 2017. Patrick Boivin (“Dragon Baby,” “Little Ant-Man”) is directing “Trinity” with the UNLTD executive team members John Hamilton, Sebastien Gros and Robert Boulos producing.