VR Software Developer DVERSE Inc. has received a US$400,000 investment from TYO Inc. for convertible equity

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(Tokyo, Japan) – DVERSE Inc. (a Virtual Reality software developer registered in Delaware, US; CEO, Shogo Numakura; here forth, “DVERSE”) announced that it has entered into a convertible note purchase agreement with TYO Inc. (headquartered in 2-21-7, Kami-Osaki, Shinagawa-ku, Tokyo; CEO, Kazuyoshi Hayakawa; here forth “TYO”) to which DVERSE has issued convertible equity to TYO for an investment of US$ 400,000.

DVERSE released SYMMETRY alpha in early 2017, which is VR software that facilitates visual verification of designs and images in VR; and enhances communication of ideas to manage smoother workflow.  DVERSE will apply the funds to accelerate development and innovation particularly for XR in the business sector.

About SYMMETRY alpha

SYMMETRY alpha is VR software that easily converts 3D CADs into VR for anyone to view with HMD (head-mount displays) equipment; and enables clients to immerse themselves inside of visual ideas and to manage workflow.  SYMMETRY alpha is currently compatible with 3D CADs (SketchUp) and point-cloud data**, targeting users in architecture, construction, design, and education.

For more information on SYMMETRY*: www.symmetryvr.com/

*SYMMETRY is founded on the vision to create symmetry between the user’s imagination and virtual reality.

**Point-cloud data refers to a cloud of scanned data points in a three-dimensional coordinate system including measured distances among external surfaces of physical objects in that space.

About DVERSE Inc.

Company name: DVERSE Inc.
Registered address: 113 Barksdale Professional Center, Newark, Delaware 19711 USA
Date established: October 20, 2014
CEO: Shogo Numakura
Company URL: http://dverse.me/

About TYO

Main business is centered on creative planning and production of advertisement content.  The company has directly advised approximately 100 companies with a focus on leading companies in a variety of industries, including real estate, retail, food, automobile, information and communication, and manufacturing.

Joint-holding company AOI TYO Holdings Inc. was established in 2017 and is listed on TSE (Tokyo Stock Exchange) 1st Section.  TYO Inc. is a wholly owned subsidiary of AOI TYO Holdings Inc.

Company name: TYO Inc.
Registered address: 2-21-7, Kami-Osaki, Shinagawa-ku, Tokyo, Japan
Date established: 1982
CEO: Kazuyoshi Hayakawa
Company URL: http://group.tyo.jp/en/company/