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Facebook VR challenger Sensorium backed by Russian billionaire Mikhail Prokhorov - Business Insider

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Russian billionaire and former Brooklyn Nets owner Mikhail Prokhorov is quietly backing a virtual reality startup trying to rival Facebook with a multiplayer world

and start reading now.

Mikhail Prokhorov, former owner of the Brooklyn Nets, quietly invested in the Russian VR startup when it was founded in 2018. Consumer adoption of virtual reality is thought to be low, partly because of a lack of content, but startups like Sensorium will be hoping the pandemic might encourage users to experiment with the technology.

Sensorium said it is set to announce a fresh funding round of approximately $100 million, but declined to name its backers at the time of writing.

 

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