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 data points in a three-dimensional coordinate system that have been scanned and provide measured distances of external surfaces of physical objects in that space.

About DVERSE

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/