Netherlands-based Fectar, an augmented and virtual reality metaverse creator platform, announced that it has raised €2.45M in a fresh round of funding. The investment came from a consortium of experienced tech informal investors led by Jaap van Engers.
Fectar says it will use the funds to accelerate international growth and improve the user experience for its six million users worldwide.
How was Fectar launched?
In 2018, founders Eugène Kuipers and Rens Lensvelt determined that it was time to introduce an augmented reality content management system. A user-friendly and straightforward platform that enables everyone to upload their work in augmented and virtual reality took a year to develop.
Kuipers says, “With the increased capabilities of VR headsets and smartphones and the development of 5G networks, the application of Virtual and Augmented Reality will become more widely available and accessible to users.”