We continue this series of posts to tell you about our riveting days at the Javits Center where we had the opportunity to attend 3 conferences: RoboUniverse, Inside 3D Printing and the Virtual Reality Summit.
This time we want to share with you bits of the Workshop AR/VR Investments Now And Future Trends from the VR Summit. The speakers were : Scott B. Livingston, Chairman & CEO at Livingston Securities LLC, and Nizar Tarhuni, Senior Analyst “Virtual Reality Report” at Pitchbook Data.
These two make up the report of investment in this booming sector: $4 billion has been invested since 2010. Last year was slower as it was a period of reassessment for this budding sector
They were optimistic about the possibilities for new ventures to raise money in this sector that has more than 230 investors, even if there are no hot IPO’s on the horizon for 2016.
Were do the entrepreneurs come from? Mostly from gaming, media and film sectors. The new sectors of application are : Architecture and Construction (simulation of homes), and Military and Medical equipment.