HomeFundingSwedish startup Alloverse lands €250k to launch open-source VR platform for virtual...

Swedish startup Alloverse lands €250k to launch open-source VR platform for virtual collaboration

Alloverse, a Swedish VR startup developing an open-source platform for virtual collaboration, has closed their pre-seed round at €250K. The startup has an ambitious mission of building the future of the 3D internet by keeping their technology open, and growing a global community of VR/AR enthusiasts.

The idea of the Alloverse was sparked in Nevyn Bengtsson’s mind in December 2016, when he realised that it was not possible to be productive in VR. One could play games, but there was no software infrastructure for building productivity apps. Two years later, whilst watching a Oculus Connect 5 Keynote, Nevyn felt that humanity was on the cusp of a revolution. One where AR headsets could eventually replace smartphones, where 2D user interfaces could take the place of text-based terminal interfaces, and 3D UIs could replace all every-day computing. This dream became reality in January 2020, when he joined forces with Julie Despraz, Tobias Kask, Patrik Sjöberg and Emma Koszinowski.

The VR industry has exploded over the last 12 months, as people have been looking for new ways to divert themselves and discover the power of immersive technologies. The adoption of this tech poised not just to replace physical collaboration, but to improve on it. Current big players in the collaborative VR space such as Spatial, Glue and MeetinVR offer competent, polished applications for corporate training or meetings in VR. However, these solutions all share the common downside of being proprietary, meaning they are not only incompatible with each other, but also impossible to extend with custom components.

Swedish VR startup Alloverse goes against common practices by developing an open architecture for all virtual collaboration. With it, corporations and individuals alike are empowered to create multi-user virtual places as well as 3D applications (“AlloApps”) to furnish them.

The fledgling idea caught the eye of Nordic investor Icebreaker, and therefore the parties partnered up through a pre-seed investment in order to speed up the development of the project. This show of confidence implies that virtual collaboration – unrestrained by its participants’ physical location – is indeed beginning to make the move into mainstream.

“With this pre-seed investment, we can now fully focus on product development and aggregate community activities towards building our ideal virtual office setup”, commented Julie Despraz, CEO, Alloverse 

Additionally, the team is planting the seeds for the creation of a broad community of developers that share the vision of an open VR platform and a genuine excitement to explore the possibilities of human-computer interaction for the next generation.

“We are firm believers that AR and VR will grow in relevance outside of entertainment and that Alloverse will play a pivotal role in laying the foundation for this transition”, said Leo Giertz, General Partner at Icebreaker.vc. 

To democratize this effort, Alloverse is forming a diverse developers’ community. Anyone sharing the vision of an open multiverse has a standing invite to join the community and explore the possibilities of the next generation of human-computer interaction.

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Charlotte Tucker
Charlotte Tucker
Charlotte is the previous Editor at EU-Startups.com. She spends her time scouting the next big story, managing our contributor team, and getting excited about social impact ventures. She has previously worked as a Communications Consultant for number of European Commission funded startup projects.
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