As 2019 is coming to a close, Nordic XR Startups reveals more about their plans for 2020.
XR had a great year in 2019. We received lots of new hardware, including the game changing Oculus Quest. Consumer hits like Beat Saber continued to do even better. And Valve announced that Half-Life will be back, on VR. What exciting times!
For Nordic XR Startups, it was nice to receive recognition from XR4ALL, who awarded NXS the “XR Investor of the Year” at Stereopsia in Brussels. In addition, NXS portfolio company Grib won “Best Creative Industry Startup of the Year” at Global Startup Awards!
The first two operating years (2017-18) for Nordic XR Startups were structured on batches with a set application period, followed by onboarding the teams at the same time before summer. Slush and X Reality Day acting as a perfect bookend for a six month acceleration period. In 2019 NXS shifted to an ongoing application model, where companies could send an application at any time. This worked great for both NXS and the teams, allowing each case to be evaluated with the diligence they deserved. NXS also had their most varied year yet, with teams from Finland (Grib), Sweden (Fictive Reality), Denmark (MeetinVR) and Iceland (Flow).
The year 2020 will see a combination of the two models for Nordic XR Startups. Now that Slush is a wrap, applications are now closed for the time being. We will take on a full batch again next spring, so follow our Twitter and Facebook channels so you’ll know exactly when that is!
But in the meantime, please don’t hesitate to contact us if you want to pitch your idea, present your XR product or ask for funding for your company. We’re always happy to talk to promising people about great ideas in XR. You can contact us via email@example.com.
Thank you for this year in XR to all NXS portfolio companies, mentors, partners and anyone touched by the products of our teams. We’ll see you again in full force in 2020.
– – – – –
Nordic XR Startups is an investor and accelerator program for VR, AR and MR startups companies based in Northern Europe. NXS’s mission is to contribute to and improve the competitiveness of the Nordic XR ecosystem and accelerate the growth of their investment portfolio companies. For investment and support, let NXS know what you are working on.
About NXS owners, gumi Inc.
Founded in 2007, gumi Inc. (Tokyo Stock Exchange: 3903) is a leading global mobile game publisher and developer headquartered in Japan, with overseas operations in France, Korea, Singapore, Taiwan and the United States. The company has proven success in launching titles worldwide, such as the widely popular role-playing games Brave Frontier and Phantom of the Kill. With ongoing publishing and development projects on various platforms, including iOS, Android, and more, gumi aims to change the world through innovative entertainment products and services, including both original content and collaborations with popular IP. For more information, please visit gu3.co.jp/en.
About NXS owners, Nordisk Film
Founded in 1906, Nordisk Film is the leading producer and distributor of films in the Nordic countries and operates the largest cinema chains in Denmark and Norway. Nordisk Film has digital businesses within gift cards, ticketing services, computer games development and eSports and is the distributor of PlayStation in the Nordic and Baltic countries. Nordisk Film is part of Egmont – Denmark’s largest media group with 6,200 employees and activities in 30 countries. These include Egmont Publishing, which publishes more than 700 magazines, TV 2 in Norway and several book publishers. Egmont is a commercial foundation that generates revenue amounting to EUR 1.6 billion and donate more than EUR 13 million a year to help improve the lives of children and young people. For more information, please visit nordiskfilm.com.