# NextVR funding: rounds and investors

> NextVR has raised $116M across 3 rounds since 2014. Investors include Comcast Ventures, Formation 8 and Warner Media. Every round with its source.

Source: https://millionrounds.com/company/nextvr (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *NextVR*

3 rounds we have observed, with the 25 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Media Entertainment

Funding summary Updated 26 Oct 2026

**$116M** raised across 3 rounds since 2014, from 4 sources

**$5.0M** Venture **$31M** Series A **$80M** Series B

- **Latest round:** Series B, $80M Aug 2016
- **Led by:** CMC Holdings and CITIC Group
- **Step-up i:** 2.6×
- **Investors:** 25 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2016

**$5.0M** Venture

**$31M** Series A

**$80M** Series B

- **First round:** Venture, $5.0M
- **Biggest round:** $80M
- **Usual gap between rounds:** 14 months

## The rounds

- **Aug 2016** Series B **$80M** *17 new* *6 returning* [CMC Holdings](https://millionrounds.com/fund/cmc-holdings) Lead CITIC Group Lead [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) [SoftBank BB Corp](https://millionrounds.com/fund/softbank) [Formation 8](https://millionrounds.com/fund/formation-8) [Warner Media](https://millionrounds.com/fund/warner-media) [Toba Capital](https://millionrounds.com/fund/toba-capital) [NetEase](https://millionrounds.com/fund/netease) [Vectr Ventures](https://millionrounds.com/fund/vectr-ventures) [RSE Ventures](https://millionrounds.com/fund/rse-ventures) [Ironfire Ventures](https://millionrounds.com/fund/ironfire-ventures) [China Media Capital (CMC)](https://millionrounds.com/fund/china-media-capital-cmc) [Spectrum 28](https://millionrounds.com/fund/spectrum-28) [Formation Group](https://millionrounds.com/fund/formation-group) [Dick Clark Productions](https://millionrounds.com/fund/dick-clark-productions) [MSG Networks](https://millionrounds.com/fund/msg-networks) CITIC Guoan China Assets (Holdings) Citic Guoan Information Industry Clarence Ling Founder Group Lyon Wong Peter Guber Reported by FinSMEs and 1 other
- **Nov 2015** Series A **$31M** *7 new* [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) [Formation 8](https://millionrounds.com/fund/formation-8) [Warner Media](https://millionrounds.com/fund/warner-media) [RSE Ventures](https://millionrounds.com/fund/rse-ventures) [Peter Guber](https://millionrounds.com/fund/peter-guber) [Dick Clark Productions](https://millionrounds.com/fund/dick-clark-productions) [The Madison Square Garden Company](https://millionrounds.com/fund/the-madison-square-garden-company) From a historical funding record
- **Sept 2014** Venture **$5.0M** *1 new* [Vectr Ventures](https://millionrounds.com/fund/vectr-ventures) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2014 **Series A** 2015 **Series B** 2016 [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) [Formation 8](https://millionrounds.com/fund/formation-8) [Warner Media](https://millionrounds.com/fund/warner-media) [Vectr Ventures](https://millionrounds.com/fund/vectr-ventures) [RSE Ventures](https://millionrounds.com/fund/rse-ventures) [Dick Clark Productions](https://millionrounds.com/fund/dick-clark-productions) [CMC Holdings](https://millionrounds.com/fund/cmc-holdings) L CITIC Group L [SoftBank BB Corp](https://millionrounds.com/fund/softbank) [Toba Capital](https://millionrounds.com/fund/toba-capital)

## The exit

Exit Buyer Price When

Acquired [Apple](https://millionrounds.com/fund/apple) $100M May 2020

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=nextvr).

## Everyone who backed them

[Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) Corporate VC **2** rounds

[Formation 8](https://millionrounds.com/fund/formation-8) VC firm **2** rounds

[Warner Media](https://millionrounds.com/fund/warner-media) VC firm **2** rounds

[Vectr Ventures](https://millionrounds.com/fund/vectr-ventures) VC firm **2** rounds

[RSE Ventures](https://millionrounds.com/fund/rse-ventures) Accelerator **2** rounds

[Dick Clark Productions](https://millionrounds.com/fund/dick-clark-productions) Investment firm **2** rounds

[CMC Holdings](https://millionrounds.com/fund/cmc-holdings) Growth equity **1** round, led 1

CITIC Group no record of our own yet **1** round, led 1

[SoftBank BB Corp](https://millionrounds.com/fund/softbank) Company **1** round

[Toba Capital](https://millionrounds.com/fund/toba-capital) VC firm **1** round

[NetEase](https://millionrounds.com/fund/netease) Corporate VC **1** round

[Ironfire Ventures](https://millionrounds.com/fund/ironfire-ventures) Family office **1** round

[China Media Capital (CMC)](https://millionrounds.com/fund/china-media-capital-cmc) Growth equity **1** round

[Spectrum 28](https://millionrounds.com/fund/spectrum-28) VC firm **1** round

[Peter Guber](https://millionrounds.com/fund/peter-guber) Angel **1** round

[Formation Group](https://millionrounds.com/fund/formation-group) VC firm **1** round

[MSG Networks](https://millionrounds.com/fund/msg-networks) VC firm **1** round

[The Madison Square Garden Company](https://millionrounds.com/fund/the-madison-square-garden-company) Investment firm **1** round

China Assets (Holdings) no record of our own yet **1** round

CITIC Guoan no record of our own yet **1** round

Citic Guoan Information Industry no record of our own yet **1** round

Clarence Ling no record of our own yet **1** round

Founder Group no record of our own yet **1** round

Lyon Wong no record of our own yet **1** round

Peter Guber no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=nextvr).

## Quick answers about NextVR

### Who invested in NextVR?

NextVR's investors include Comcast Ventures, Formation 8, Warner Media, Vectr Ventures and RSE Ventures, and 20 more on record. CMC Holdings led its latest round.

### How much has NextVR raised?

NextVR has raised $116M across 3 rounds since 2014.

### When did NextVR last raise?

NextVR's most recent round was a Series B of $80M in Aug 2016, led by CMC Holdings.

### What was NextVR's biggest round?

Its most recent round, $80M in Aug 2016, is also its largest on record.

### Who backed NextVR first?

NextVR's first round on record, in Sept 2014, was backed by Vectr Ventures.

### What stage is NextVR at?

NextVR's latest named round is a Series B, in Aug 2016.

### Where is NextVR based?

NextVR is based in the United States.

### Who led NextVR's rounds?

CMC Holdings led the Series B in 2016.

## Companies like NextVR

In the same sector, and raised in the last eighteen months.

[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Clueso** $11M · Oct 2026](https://millionrounds.com/company/clueso)[**Notey** $3.0M · Oct 2026](https://millionrounds.com/company/notey)[**Gardens Interactive** $35M · Oct 2026](https://millionrounds.com/company/gardens-interactive)[**Indent** $7.2M · Oct 2026](https://millionrounds.com/company/indent)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
