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Wevr Secures $3.5M in New Funding

Wevr Secures $3.5M in New Funding
Wevr Secures $3.5M in New Funding

Wevr, a creative development and production studio based in Los Angeles, CA, has secured $3.5M in funding.

The financing round was led by HTC Corp. and Epic Games. The capital will be used to enhance Wevr’s virtual studio technology and real-time 3D production capabilities.

The studio, co-founded by Neville Spiteri and Anthony Batt, specializes in interactive real-time 3D, Spatial/XR, Generative AI, simulations, and immersive video. It develops spatial products for devices like Apple Vision Pro, HTC Vive, and Meta Quest.

Additionally, Wevr has appointed Tim Dillon as EVP Business Development to support its growth trajectory.