Wealth Funds Back More Startups, Locking in Matterport and Proterra

Mountain View-based Matterport, a company that focuses on virtual reality, raised US$ 30 million in Series C financing from a group of investors. Leading the round was Qualcomm Ventures, a venture unit of Qualcomm Incorporated. Other investors are Singapore’s GIC Private Limited, Lux Capital, DCM Ventures, Felicis Ventures, Greylock Partners, Navitas Capital, AMD Ventures, AME Cloud Ventures, iGlobe Partners, Rothenberg Ventures, Luminari Capital, Sling Media founder Blake Krikorian, and Crate & Barrel founder Gordon Segal.

Matterport’s technology can be viewed on virtual reality platforms like Oculus Rift, Samsung Gear VR, and Google Cardboard, as well as through its browser-based application, called 3D Showcase.

Battery Bus Proterra

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