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AstroBeam, a new VR studio founded by Owlchemy Labs co-founder Devin Reimer, has raised $3 million in funding. The studio aims to develop VR multiplayer games. This news comes amidst a wave of investments in the virtual reality gaming industry, with VR game firm MyDearest also securing $8 million in funding. Additionally, other companies such as Noice and The Sandbox are making strides in the social gaming and metaverse space, with Noice raising $21 million and The Sandbox launching a cinema-focused network and a new virtual neighborhood called Cinerama.
