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NEWS
Disney-backed Tyffon raises US$7.8m with plans to expand free-roam VR experiences into US
POSTED 23 May 2019 . BY Andy Knaggs
Tyffoniums combine VR technology and multi-sensory effects in a physical environment

We are committed to creating and sharing the highest quality and most innovative immersive experiences in the world
– Ken Fukazawa
Immersive entertainment company Tyffon has successfully raised US$7.8m (€7m, £6.17m) in new funding to help it expand its Tyffonium free-roam virtual reality location-based experiences outside of Japan.

The new funding round brings the company's inward investment to more than US$12m (€10.78m, £9.49m) to date, with existing investors including Disney, Sega Sammy Holdings and Mizuho Capital. They will be joined in the new round of funding by Tokyo Broadcasting System.

A graduate of the Disney Accelerator initiative, Tyffon currently has two Tyffonium venues in the Tokyo area and is gearing up to open a third Japanese venue as well as its first in the US, with a new addition coming to Los Angeles later this year.

So far, the company has created three different immersive experiences, all of which combine VR technology and multi-sensory effects, in a physical environment that allows guests to roam freely and experience "hyper-real" immersive environments together socially.

First was Corridor, a mixed reality horror experience. Next came Fluctus, a mixed reality fantasy ride. Most recently Tarot VR: Voyage of Reverie was launched – 22 individual mixed reality experiences based on 22 tarot cards.

Further immersive content and character-driven experiences are being developed, with Tyffon saying its priority is to focus on the quality of its content and experiences. It also develops and distributes mobile immersive experiences that complement and integrate with Tyffonium in-venue experiences to maximise engagement.

It said the new funds will help to expand its global team and accelerate the expansion of its Tyffonium and related experiences in the US, Japan and other territories around the world. Tyffon plans to work closely with US media and entertainment companies to bring their content, characters, franchises and intellectual property to life.

Tyffon CEO Ken Fukazawa commented: "We are gratified at the tremendous pedigree of our investors, who have placed their faith and trust in us. They represent some of the leading media, entertainment and technology innovators and creative forces in the world. We at Tyffon are committed to honouring that creative legacy and creating and sharing the highest quality and most innovative immersive experiences in the world."
The first content developed was Corridor, a mixed reality horror experience
Tarot VR: Voyage of Reverie is the latest experience, based on 22 tarot cards
MORE NEWS
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
Museum director apologises after comparing the city of Florence to a sex worker
Museum director Cecilie Hollberg has come under fire for comparing the city to a sex worker due to uncontrolled mass tourism.
+ More news   
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COMPANY PROFILES
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The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
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Founded in 2014, Red Raion is the CGI studio for media-based attractions. [more...]
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Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
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Vekoma Rides has a large variety of coasters and attractions. [more...]
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08-08 May 2024

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10-12 May 2024

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NEWS
Disney-backed Tyffon raises US$7.8m with plans to expand free-roam VR experiences into US
POSTED 23 May 2019 . BY Andy Knaggs
Tyffoniums combine VR technology and multi-sensory effects in a physical environment
We are committed to creating and sharing the highest quality and most innovative immersive experiences in the world
– Ken Fukazawa
Immersive entertainment company Tyffon has successfully raised US$7.8m (€7m, £6.17m) in new funding to help it expand its Tyffonium free-roam virtual reality location-based experiences outside of Japan.

The new funding round brings the company's inward investment to more than US$12m (€10.78m, £9.49m) to date, with existing investors including Disney, Sega Sammy Holdings and Mizuho Capital. They will be joined in the new round of funding by Tokyo Broadcasting System.

A graduate of the Disney Accelerator initiative, Tyffon currently has two Tyffonium venues in the Tokyo area and is gearing up to open a third Japanese venue as well as its first in the US, with a new addition coming to Los Angeles later this year.

So far, the company has created three different immersive experiences, all of which combine VR technology and multi-sensory effects, in a physical environment that allows guests to roam freely and experience "hyper-real" immersive environments together socially.

First was Corridor, a mixed reality horror experience. Next came Fluctus, a mixed reality fantasy ride. Most recently Tarot VR: Voyage of Reverie was launched – 22 individual mixed reality experiences based on 22 tarot cards.

Further immersive content and character-driven experiences are being developed, with Tyffon saying its priority is to focus on the quality of its content and experiences. It also develops and distributes mobile immersive experiences that complement and integrate with Tyffonium in-venue experiences to maximise engagement.

It said the new funds will help to expand its global team and accelerate the expansion of its Tyffonium and related experiences in the US, Japan and other territories around the world. Tyffon plans to work closely with US media and entertainment companies to bring their content, characters, franchises and intellectual property to life.

Tyffon CEO Ken Fukazawa commented: "We are gratified at the tremendous pedigree of our investors, who have placed their faith and trust in us. They represent some of the leading media, entertainment and technology innovators and creative forces in the world. We at Tyffon are committed to honouring that creative legacy and creating and sharing the highest quality and most innovative immersive experiences in the world."
The first content developed was Corridor, a mixed reality horror experience
Tarot VR: Voyage of Reverie is the latest experience, based on 22 tarot cards
MORE NEWS
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
Museum director apologises after comparing the city of Florence to a sex worker
Museum director Cecilie Hollberg has come under fire for comparing the city to a sex worker due to uncontrolled mass tourism.
Populous reveals plans for major e-sports arena in Saudi Arabia
Populous have unveiled their plans for a state-of-the-art e-sports arena, designed to stand as a central landmark in Qiddaya City’s gaming and e-sports district, Saudi Arabia.
Raby Castle reveals ambitious plans to become a major visitor destination
Raby Castle, known as one of the finest medieval fortifications in England, is nearing the end of an ambitious two-year renovation project.
+ More news   
 
COMPANY PROFILES
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
Red Raion

Founded in 2014, Red Raion is the CGI studio for media-based attractions. [more...]
Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
Vekoma Rides Manufacturing B.V.

Vekoma Rides has a large variety of coasters and attractions. [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
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