Apr 26 AT 1:31 PM Nick Sarafolean 0 Comments

HTC Vive X aims to provide a financial nudge for the VR ecosystem

htc_vive_logo

Virtual reality is a segment that’s growing each and every day. Multiple manufacturers have entered the arena with their own VR headsets, but one area that’s still lacking is a strong ecosystem to support the new technology. HTC, which has already partnered with Valve to create the HTC Vive headset, is now aiming to improve that ecosystem with Vive X, a new program to help fund VR startups.

Vive X is equipped with a $100 million dollar investment fund and will be used to aid VR startups, particularly those creating content for an ecosystem, rather than those building new headsets. In addition to the financial investment, HTC will offer education, mentorship, networking opportunities and even office space to these startups.

This nudge by HTC could prove to be incredibly beneficial in fleshing out the VR ecosystem. While beneficial to the startups, this is even more beneficial to HTC. The company’s partnership with Valve has already spawned one of the most advanced VR headsets, but the content available is still lacking. If HTC can rustle up an ecosystem, it has a chance to advance to the top of the VR market.

As of now, Vive X will only be launching in San Francisco, Beijing and Taipei. If you’d like to learn more about the program and the qualifications for applying, check out the source link below.

Source: HTC Vive X

A nerd at heart, Nick is an average person who has a passion for all things electronic. When not spending his time writing about the latest gadgets, Nick enjoys reading, dabbling in photography, and experimenting with anything and everything coffee. Should you wish to know more about him, you can follow him on Twitter @Zricon15.

    Most Tweeted This Week