Wednesday, October 3, 2018

Tyffon Raises $2.17M, Sets Up Location In LA

Santa Monica-babsed Tyffon, a developer of immersive entertainment technology started in Japan, said this morning that it has raised $2.17M in a funding round, to set up its first location in Los Angeles. The company--which was part of the Disney Accelerator powered by Techstars--said the funding came from SEGA SAMMY Holdings, Mizuho Capital, Tokyu Recreation, Canal Ventures, plus others. The company says it has now raised $4M in total. The new funding round will go towards bringing its immersive entertainment experiences--which it calls "Tyffonium"--to the U.S. market. The first interactive experience will be at a location somewhere in Los Angeles. As part of the expansion into the U.S., Tyffon also said it plans to expand its U.S. team, and that it plans to work with U.S. media and entertainment companies to bring "brands, content, characters and intellectual property to life". Tyffon is led by CEO Ken Fukazawa. Tyffon's "Tyffoniums" combine virtual reality technology with multi-sensory effects; the company says its experiences so far include "Corridor" a mixed reality horror experience, and the second is "Fluctus" a mixed reality fantasy ride on a floating ship.