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Gamesindustry.biz reports: “Virtual reality developer XR Games has secured a $2.6 million seed investment from Australian venture capital firm Global Merces. The new funds will be channelled towards senior management, expansion of design, art and development teams, and acquisitions of new IPs.The studio, which makes licensed titles, was co-founded by CEO Boody Thandi who assembled the launch team in 2017.”

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