James Murdoch Invests in The Void | Inside XR - July, 15th 2019

Inside XR (Jul 15th, 2019)

James Murdoch Invests in The Void

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1. James Murdoch has reportedly made a $20 million investment in VR company The Void. Sources told Bloomberg that the yet-to-be-finalized deal would be the biggest investment so far for Murdoch's new fund called Lupa Systems. If true, Murdoch joins a list of high-profile investors in Utah-based The Void LLC, which include Qualcomm Ventures and Walt Disney Co. While Murdoch was at Fox, the entertainment company had invested in rival company Dreamscape, yet he is said to prefer The Void's VR technology.– BLOOMBERG


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