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May 30, 01:12 AM
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DreamPark Raises $1.1 Million Seed Funding to Expand Mixed Reality Theme Parks and Partnerships

Authors
  • GamesIndustry
  • GamesBeat
  • Metaverse
8

DreamPark, a developer specializing in mixed reality (XR) theme parks, has secured $1.1 million in seed funding to advance its mission of transforming real-world spaces into immersive mixed-reality entertainment venues. The investment will support the company’s expansion plans, including forming partnerships with established intellectual properties and growing its development team. DreamPark describes its offering as the world’s largest downloadable mixed reality theme park. This funding round occurs amid a growing location-based entertainment market, which is projected to reach $15.33 billion by 2029, driven by advancements in technology and increased consumer spending. Industry leaders such as Microsoft, Google, and Meta currently dominate this sector.

Written with ChatGPT (GPT-4).

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