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

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

The well-funded Sensorium has announced a partnership with Redpill VR to bring new social music experiences to VR users across the globe.

A technical prototype the social VR experience debuted at E3 this week, with Sensorium and Redpill VR joining forces on the concept.

Redpill VR was founded by Laurent Scallie and uses the Unreal Engine 4 to deliver live virtual concerts to users.  Redpill VR fers live interactive broadcasts, real-time music source separation technology, and a cross-platform approach to VR integration.

Scallie says the dream delivering social VR (or SVR) experiences is finally possible with new hardware and infrastructure like 5G networks. Redpill VR hopes its partnership with Sensorium will bring about AAA music experiences for fans, creators, and entertainment franchises.

Sensorium is aiming to create simulated virtual reality experiences real-world locations. The company has re-created real-world concert locations like Barclays Center, Webster Hall, Paramount Theatre, and Hï Ibiza. Sensorium says VR experiences help users escape from emotional isolation.

“SVR overcomes the main emotional drawback modern technologies when using virtual reality: the isolation that users feel,” relayed Ingvar Goldman, CVO, Sensorium Corporation. “Now everyone can fully dive into the VR-world 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 the future that is here today.”

Sensorium has drawn $70 million in financing to date, with investments coming from a variety companies in the gaming and entertainment industries.

Sensorium and Redpill VR says they expect to launch the new venture sometime in 2020.

It’s no surprise that gaming start-ups are starting to intersect with the rest the technology industry at large.  Technology is changing the way we interact with music — from to fully immersive experiences like . Even Fortnite has been instrumental in for millions fans.