By making eye contact, Japanese VR company Fove lands US$11M

In the near future, Fove wants to distribute its VR technology to 7,500 cafes across South Korea and Japan in an effort to have more people use the device

Fove, a Japanese virtual reality (VR) company with eye-tracking technology announced today it has raised a US$11 million Series A round led by Colopl VR Fund — a fund from the Tokyo gaming company COLOPL.

Other participants in the round were the Hon Hai Venture Capital Fund (A VC fund set up by Foxconn), Silicon Valley early-stage...

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