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There may be extra to come back from buzzy VR theme park The Void

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VR arcade firm The Void, which supplied large-scale digital actuality experiences earlier than monetary difficulties compelled it to switch its IP to a creditor late final 12 months, is planning to make a comeback. Protocol experiences that the corporate’s belongings have been acquired by a brand new firm known as Hyper Actuality Companions, headed by a former investor.

The Void emerged as one of many extra thrilling VR arcade startups lately. With Disney as one in all its highest-profile traders, the corporate supplied large-scale multiplayer VR experiences, with some primarily based on Hollywood franchises like Star Wars, Wreck-It Ralph and Avengers. Attendees would strap on a modified VR headset and a backpack containing a pc to energy it, after which stroll round an surroundings that included interactable bodily parts.

A job listings web site from Hyper Actuality Companions confirms that the corporate has acquired The Void’s “belongings and IP” and says that it’s now “coming into a interval of fast growth” with ambitions to “form the way forward for VR and the whole leisure business.” Protocol experiences that the corporate, headed by CEO Adrian Steckel, a former investor and board member of The Void, has raised $20 million for the relaunch. Becoming a member of Steckel are The Void’s outdated chief artistic officer and VP of content material.

Regardless of loads of buzz, the startup discovered itself in monetary problem final 12 months after the pandemic compelled it to shut a lot of its places. However Protocol experiences that it was experiencing difficulties earlier than this, due to the excessive price of internet hosting VR facilities in standard buying facilities.

The Void’s experiences may look very completely different in the event that they do find yourself making a return. For starters, Protocol experiences that the corporate is trying to shift to providing experiences in giant standalone leisure complexes, somewhat than in pre-existing buying malls. The VR {hardware} itself might additionally bear modifications due to the truth that a lot of its earlier {hardware} was reportedly offered off, whereas the business has additionally moved in direction of lighter standalone VR headsets that don’t require giant backpacks for energy.

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