Biz / Tech

NOLO VR startup raises US$10 million

Investment in the startup is led by Blue Run Venture Capital. 

A startup, which offers virtual reality motion tracking device, said today it has raised US$10 million from a new round of financing. 

NOLO VR, which offers tracking devices for vendors like DP VR, Pico, Ant VR and Carl Zeiss, said the capital came from investors led by Blue Run Venture Capital. 

NOLO, whose products are sold in 66 countries and regions, expects huge market potential as more than 100 million VR boxes and entry-level VR headsets are sold globally.

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