NEWS
Disney-backed Tyffon raises US$7.8m with plans to expand free-roam VR experiences into US
POSTED 23 May 2019 . BY Andy Knaggs
Tyffoniums combine VR technology and multi-sensory effects in a physical environment
We are committed to creating and sharing the highest quality and most innovative immersive experiences in the world
– Ken Fukazawa
Immersive entertainment company Tyffon has successfully raised US$7.8m (€7m, £6.17m) in new funding to help it expand its Tyffonium free-roam virtual reality location-based experiences outside of Japan.

The new funding round brings the company's inward investment to more than US$12m (€10.78m, £9.49m) to date, with existing investors including Disney, Sega Sammy Holdings and Mizuho Capital. They will be joined in the new round of funding by Tokyo Broadcasting System.

A graduate of the Disney Accelerator initiative, Tyffon currently has two Tyffonium venues in the Tokyo area and is gearing up to open a third Japanese venue as well as its first in the US, with a new addition coming to Los Angeles later this year.

So far, the company has created three different immersive experiences, all of which combine VR technology and multi-sensory effects, in a physical environment that allows guests to roam freely and experience "hyper-real" immersive environments together socially.

First was Corridor, a mixed reality horror experience. Next came Fluctus, a mixed reality fantasy ride. Most recently Tarot VR: Voyage of Reverie was launched – 22 individual mixed reality experiences based on 22 tarot cards.

Further immersive content and character-driven experiences are being developed, with Tyffon saying its priority is to focus on the quality of its content and experiences. It also develops and distributes mobile immersive experiences that complement and integrate with Tyffonium in-venue experiences to maximise engagement.

It said the new funds will help to expand its global team and accelerate the expansion of its Tyffonium and related experiences in the US, Japan and other territories around the world. Tyffon plans to work closely with US media and entertainment companies to bring their content, characters, franchises and intellectual property to life.

Tyffon CEO Ken Fukazawa commented: "We are gratified at the tremendous pedigree of our investors, who have placed their faith and trust in us. They represent some of the leading media, entertainment and technology innovators and creative forces in the world. We at Tyffon are committed to honouring that creative legacy and creating and sharing the highest quality and most innovative immersive experiences in the world."
The first content developed was Corridor, a mixed reality horror experience
Tarot VR: Voyage of Reverie is the latest experience, based on 22 tarot cards
 


CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
 
Leisure Management - Disney-backed Tyffon raises US$7.8m with plans to expand free-roam VR experiences into US...
24 Apr 2024 Leisure Management: daily news and jobs
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

23 May 2019

Disney-backed Tyffon raises US$7.8m with plans to expand free-roam VR experiences into US
BY Andy Knaggs

Tyffoniums combine VR technology and multi-sensory effects in a physical environment

Tyffoniums combine VR technology and multi-sensory effects in a physical environment

Immersive entertainment company Tyffon has successfully raised US$7.8m (€7m, £6.17m) in new funding to help it expand its Tyffonium free-roam virtual reality location-based experiences outside of Japan.

The new funding round brings the company's inward investment to more than US$12m (€10.78m, £9.49m) to date, with existing investors including Disney, Sega Sammy Holdings and Mizuho Capital. They will be joined in the new round of funding by Tokyo Broadcasting System.

A graduate of the Disney Accelerator initiative, Tyffon currently has two Tyffonium venues in the Tokyo area and is gearing up to open a third Japanese venue as well as its first in the US, with a new addition coming to Los Angeles later this year.

So far, the company has created three different immersive experiences, all of which combine VR technology and multi-sensory effects, in a physical environment that allows guests to roam freely and experience "hyper-real" immersive environments together socially.

First was Corridor, a mixed reality horror experience. Next came Fluctus, a mixed reality fantasy ride. Most recently Tarot VR: Voyage of Reverie was launched – 22 individual mixed reality experiences based on 22 tarot cards.

Further immersive content and character-driven experiences are being developed, with Tyffon saying its priority is to focus on the quality of its content and experiences. It also develops and distributes mobile immersive experiences that complement and integrate with Tyffonium in-venue experiences to maximise engagement.

It said the new funds will help to expand its global team and accelerate the expansion of its Tyffonium and related experiences in the US, Japan and other territories around the world. Tyffon plans to work closely with US media and entertainment companies to bring their content, characters, franchises and intellectual property to life.

Tyffon CEO Ken Fukazawa commented: "We are gratified at the tremendous pedigree of our investors, who have placed their faith and trust in us. They represent some of the leading media, entertainment and technology innovators and creative forces in the world. We at Tyffon are committed to honouring that creative legacy and creating and sharing the highest quality and most innovative immersive experiences in the world."



Connect with
Leisure Management
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
US spa industry hits record-breaking US$21.3 billion in revenue in 2023
US spa industry hits record-breaking US$21.3 billion in revenue in 2023   24 Apr 2024

The US spa industry is continuing its upward trajectory, achieving an unprecedented milestone with a record-breaking revenue of US$21.3 billion in .... more>>
Immediate rewards can motivate people to exercise, finds new research
Immediate rewards can motivate people to exercise, finds new research   24 Apr 2024

Short-term incentives to exercise, such as using daily reminders, rewards or games, can lead to sustained increases in activity, according to new .... more>>
Shannon Malave appointed spa director at Mohonk Mountain House
Shannon Malave appointed spa director at Mohonk Mountain House   24 Apr 2024

Spa and wellness veteran Shannon Malave has been named spa director at iconic US spa destination Mohonk Mountain House. Based in New York’s verdant .... more>>
Six Senses unveils urban wellness retreat in Kyoto inspired by Japanese Zen culture
Six Senses unveils urban wellness retreat in Kyoto inspired by Japanese Zen culture   23 Apr 2024

Six Senses Kyoto opens its doors today, marking the eco-luxury hotel and spa operator’s entry into Japan and a new addition to its urban collection. .... more>>
RSG opens flagship John Reed in Berlin, as its builds out its 'world city' portfolio
RSG opens flagship John Reed in Berlin, as its builds out its 'world city' portfolio   23 Apr 2024

With the launch of its 49th John Reed, RSG Group is looking for more opportunities for its high-end brand in the US and Europe. Cosmopolitan cities .... more>>
PureGym's new results set it up for accelerating growth
PureGym's new results set it up for accelerating growth   23 Apr 2024

PureGym saw revenues rise by 15 per cent in 2023, with the company announcing plans to develop 200 new clubs in the next three to four years. .... more>>
Company profile


Physical

Physical is the UK’s go-to, one-stop shop for commercial grade fitness equipment and flooring, with over three decades’ experience in functional training and free weights, small group training and group exercise.

View full profile>>

Catalogue gallery


Featured Supplier

Elevate your spa business: master global standards and thrive in Saudi Arabia's tourism boom

Elevate your spa business: master global standards and thrive in Saudi Arabia's tourism boom

Discover how to prepare your spa or wellness facility for the influx of international guests and meet global standards as tourism in Saudi Arabia surges. More>>




in this issue

• Virgin gets right to wipe out rent arrears
• Fitness industry mourns passing of Jan Spaticchia
• STA offers mindfulness resources



Latest jobs

Jobs Search



Fitness Motivator and Personal Trainer
Location: Market Rasen
Company: Everyone Active
Recreation Assistant (Dry Site)
Salary: Competitive
Location: Market Rasen
Company: Everyone Active
Party Leader
Salary: Competitive
Location: Gainsborough
Company: Everyone Active
Diary dates
Powered by leisurediary.com




22-24 Apr 2024

UK Aufguss Championships

Galgorm Resort, York,







Published by Leisure Media Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd