Sensorium Reaches $70 Million In Financing to Power ‘Social VR’ Music Experiences

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Sensorium, a well-funded virtual reality (VR) start-up, has partnered with Redpill VR to launch social music experiences for users around the world. The two companies have joined forces to combine their efforts in creating a technical prototype of the social VR experience which was recently showcased at E3.

Redpill VR, founded by Laurent Scallie, uses the Unreal Engine 4 to deliver live virtual concerts to users. It offers live interactive broadcasts, real-time music source separation technology, and a cross-platform approach to VR integration. With the use of new hardware and infrastructure like 5G networks, Redpill VR aims to create social VR (SVR) experiences, and its partnership with Sensorium will bring about AAA music experiences for fans, creators, and entertainment franchises.

Sensorium, on the other hand, aims to create simulated virtual reality experiences of real-world locations. It has re-created concert locations such as Barclays Center, Webster Hall, Paramount Theatre, and Hï Ibiza. The company believes that VR experiences can help users escape from emotional isolation.

“SVR overcomes the main emotional drawback of modern technologies when using virtual reality: the isolation that users feel,” says Ingvar Goldman, CVO, Sensorium Corporation. “Now everyone can fully dive into the VR-world of music and gaming events and shows, experience new visuals and sounds that they might not see in a live performance, and meet and interact with other people, making friends in our virtual worlds through real-time communication — and they can do it all from inside the headset they’re wearing at home. SVR is a technology of the future that is here today.”

The start-up has received $70 million in financing to date from several companies in the gaming and entertainment industries. With the partnership with Redpill VR, Sensorium expects to launch the new venture sometime in 2020.

The intersection of gaming start-ups with the rest of the technology industry is not surprising given the rapid development of technology and its impact on the way we interact with music. From hologram concerts of deceased artists to fully immersive experiences like Madison Sphere Garden, technology is changing the music industry. Even Fortnite has contributed to establishing gaming as a viable concert venue for millions of fans.

The new venture by Sensorium and Redpill VR is expected to revolutionize the music industry and create a new way for users to interact with music. The SVR experience will allow users to fully immerse themselves in the VR-world of music and gaming events, experiencing new visuals and sounds that they might not get to see in live performances. The real-time communication feature will enable them to interact with other people, making friends in virtual worlds, and overcoming the emotional isolation that modern technology can sometimes bring.

In conclusion, the partnership between Sensorium and Redpill VR is a significant development in the music industry. It will create a new way for users to experience music and interact with other people in virtual worlds. With the use of new technology, the SVR experience will bring about AAA music experiences for fans, creators, and entertainment franchises. The future of music is here, and it is exciting.