The virtual reality advertising platform Chymera VR has been invested by a series of angel investors, including Anupam Mittal, founder and executive director of People Group, and Vasha Rao, the global chief operating officer of Airbnb. Varsha Rao) and Google executive Surojit Chatterjee.
The startup said that they will use the funds to accelerate product development in Bangalore and increase the number of US publishers and advertisers, but Xiaobian understands that the company did not disclose the amount of financing.
Founded in 2015, Chymera VR was founded by Sushil Kumar and Smeet Bhatt, alumni of Indian Institute of Technology Bombay. The company mainly provides technical solutions for advertisers who want to make storytelling and brand building through VR.
Bart said: "Our current focus is on reaching partnerships with high-quality publishers and improving the advertising experience. Chymera has reached partnerships with 12 publishers in the US, UK and France."
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