DPVR Completes Tens of Millions of Dollars Financing Round to Fuel Core Technology and Product Development
Recently, DPVR (www.dpvr.com) announced the completion of a new round of financing of otens of millions of dollars, led by Qingdao Microelectronics Innovation Capital, followed by Qingdao Wen Investment Capital, and other institutions. The financing will help DPVR invest more in core technology and product development while building a global layout of its business with Qingdao Laoshan District as the center.
DPVR is a full-stack VR technology and product company with a global footprint and a technology-driven company with hundreds of VR patents. As the most important hardware-bearing device in the “meta-universe” era, VR end products have been developing rapidly in various segments such as chips, displays, transmission, and communication in recent years. DPVR has always kept pace with the development of the global VR industry, maintaining rapid updates and iterations in core technology and product innovation. According to Counterpoint’s report, DPVR product sales have been ranked among the top five worldwide for three consecutive years.
DPVR’s new product, the E4, boasts several unique features. With a 4K resolution SHARP display that offers a high-quality visual experience and operates at 120Hz, providing a smooth and immersive gaming experience. The E4 is incredibly lightweight, weighing only 280g and has a flip-up design that allows users to switch between virtual and real-world environments seamlessly. It is convenient to use with its plug-and-play capability, and it features laser panels and RGB lighting that enhance the hardcore gaming experience. The E4 is also built to last, with durable cables and the latest Eagle Eye positioning tracking system developed in-house by DPVR and it comes with a lightweight controller that makes it easy for users to navigate and interact with virtual environments.
In the enterprise market, DPVR’s P series VR all-in-one machines have been recognized by customers in many overseas markets for their stable and reliable quality and market position. These machines are widely used in the medical, education, and training fields in China. The XR track is a marathon, and the only way to go further is to stick to long-termism. DPVR will continue to build more outstanding VR products with enthusiasm and make more gamers around the world fall in love with VR.