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CCP Games raises $30 million to bolster VR development

November 12, 2015

CCP Games have today announced it has raised $30 million to help in its development of virtual reality content.

The investment, led by New Enterprise Associates with participation from private equity firm Novator Partners LLP, will help the CCP drive “innovation in VR”.

NEA General Partner Harry Weller will join CCP’s board of directors, Andrew Schoen, also from NEA, will join as Deputy Director.

“We believe VR will revolutionize not just videogames, but the wider technology and media industry as a whole,” said Hilmar Veigar Pétursson, CEO of CCP.  “We were there at the beginning, and this investment will give us strength to maintain our leading development efforts.”

Harry Weller added: “We’ve been admirers of CCP for quite some time.”

“Their legacy with EVE Online and early investments in VR have put them in a leadership position, and we want to partner with them to further build on the great platform they have already established.”

CCP Games has two VR games due for release in the next 8 months, GunJack and Valkyrie.

Gunjack is scheduled for release on Samsung’s Gear VR late this month.

EVE: Valkyrie will be an Oculus Rift launch title when the Virtual Reality headset launches in Spring 2016, before launching on Playstation VR in the first half of next year.