Peripherals manufacturer Razer is further expanding its remit with the formation of Zventures, a new arm that will identify and fund new companies and emerging tech.
The company will start with $30m that can be invested into various companies. Categories of interest will include the Internet of Things, software and analytics, advanced manufacturing and engineering, gaming software technology, eSports, robotics, and virtual and augmented reality.
$5m will go towards VR-related projects, including content development, under the banner of Razer’s OSVR Developer Fund. A further $5m will be used under the Ouya publishing label for Android games.
Start-ups who receive investment will be free to continue operating independently, as well as work with other industry partners and seek further finance from third parties.
You can find out more about how to apply at the Zventures website.
“Razer has a long history of supporting partners, third-party product and business development,” said Razer CEO Min-Liang Tan. “The cumulative benefit of those initiatives over the past decade has been very positive and significant. zVentures promises to take the sensibilities of our ventures work forward with far greater reach and impact.”