VUZ raises $20 million to scale its immersive social app

10/13 15:12

VUZ, a social app that allows users to stream and experience immersive realism in extended reality (XR) and metaverse digital experiences, has raised $20 million in Series B investment. Investors in the round include Caruso Ventures, Vision VC Fund, e& capital, investment pillar of e& (formerly known as Etisalat Group), DFDF (Dubai Future District Fund), WIN (Webit Investment Network), SRMG, Elbert Capital, and Yasta Partners, Faith Capital, Panthera Capital. Seven existing investors participated as well. The Dubai-based VUZ says that this round which has seen it onboard a mix of U.S.- and EMEA-based investors, will be pivotal to its international expansion.
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