News
Russian AR project Devar raises $3 million
2018-02-08

Russian startup Devar develops entertainment and educational AR content. The company creates printed products and a mobile application for iOS and Android.
You can buy Devar license in 36 countries. The total print was 4 million copies last year, and company earned profit of 3 million dollars, which is 30% more than in 2016.
Leta Capital invested $3 million in Devar. This is not the first time the venture fund invests in VR and AR projects. All funds will be used to expand the product line:
- educational literature production;
- creation of content for children's games;
- creation of educational project for students.
Leta Capital gets minority shareholding as well, meaning the fund does not get control over the startup.
Subscribe to the news of AR/VR/MR Conference on Facebook and VK!
Subscribe to news
Keep up to date with the news industry, receives only useful information