A Newcastle-based creative tech (createch) company developing an innovative streaming software development kit (SDK) for standalone XR headsets, including AR, VR, and MR.
Funding Received:
- £150,000 equity investment from Creative UK’s Culture and Creative Investment Programme (CCIP).
- £116,000 equity raised from angel investors.
- £266,000 Innovate UK grant, awarded as part of an investor partnership with Creative UK.
Impact of Funding:
- Investment to support expansion of BeamXR’s first-of-its-kind streaming software development kit (SDK) for standalone XR headsets
- Enabling simultaneous streaming on Twitch, TikTok, and YouTube.
- Developing virtual cameras and two-way chat for enhanced social interaction in VR.
- Supporting growth through community engagement in immersive gaming.
Founders Perspective:
“We see a fantastic opportunity to bring new levels of communication into VR gaming, providing tools to create exciting new social spaces that will pull more and more people into the VR experience. Our focus is on growth through enhanced community so Creative UK, Innovate UK and our Angel Investors are the perfect partners to take us to the next stage, with ISN’s support hugely beneficial too.” - Paul Miller, CEO of Beam XR
Read more: BeamXR secures £266k equity investment from Creative UK and angel investors, plus £266k Innovate UK grant - Creative UK