- New Investors include SEGA SAMMY Holdings, Mizuho Capital, Tokyu Recreation and Canal Ventures, bringing Tyffon's total investment to $4 million
- Tyffon, a graduate of the Disney Accelerator powered by Techstars, operates Tyffonium in Japan and will use its new funds to establish its first U.S. location in Los Angeles, California and expand its U.S.-based team
LOS ANGELES — (BUSINESS WIRE) — October 3, 2018 — Tyffon, a leading location-based immersive entertainment company based in Santa Monica, California, announced today that it has raised a new $2.17 million round of financing to bring its hyper-realistic “Tyffonium” experiences to the U.S. New investors include SEGA SAMMY Holdings, Mizuho Capital, Tokyu Recreation, Canal Ventures, among others (SEGA SAMMY Holdings is the holding company of SEGA Holdings and Sammy Corporation). Tyffon is a graduate of the Disney Accelerator powered by Techstars, and its new investment brings its total investment to $4 million.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181003005045/en/
Immersive MR Experience - Corridor (Photo: Business Wire)
Tyffon now operates its first next generation location-based “Tyffonium” immersive experience in the Odaiba section of Tokyo, Japan. Tyffon will open its second Tyffonium in Shibuya, Tokyo later this year (November).
“We are gratified by our new investment and look forward to expanding our innovative and impactful Tyffonium immersive experiences to audiences in the U.S.,” said Tyffon CEO Ken Fukazawa. “Our new investors include SEGA SAMMY Holdings, a world-renowned innovator in technology and entertainment.”
Tyffon will use its new funds to expand its U.S.-based team and expand its Tyffoniums to the U.S., with its first U.S. location to be in Los Angeles, California. Tyffon also plans to work closely with U.S. media and entertainment companies to bring their brands, content, characters and intellectual property to life and engage more deeply not only with U.S. audiences, but also with audiences around the world.
To date, Tyffon has developed two different immersive experiences for its Tyffoniums, both of which combine VR technology and multi-sensory effects in a physical environment that allows guests to roam freely and experience hyper-real immersive environments together, socially. The first is “Corridor” – a mixed reality horror experience, and the second is “Fluctus” – a mixed reality fantasy ride on a floating ship. Tyffon is currently developing additional hyper-realistic immersive content and character-driven experiences in support of its expansion.
Unlike other players in the mixed reality-driven LBE space, Tyffon plans to successfully, efficiently, and profitably build, operate and scale its Tyffoniums – and offer audiences world-class premium high quality transformational immersive entertainment experiences – across scores of high traffic areas in cities around the globe. The company’s experiences, including its initial two, focus on universal themes and are typically language agnostic.
About Tyffon, Inc.
Tyffon, Inc. is a leading location-based immersive entertainment company based in Santa Monica, California. Tyffon develops and operates hyper-realistic “Tyffonium” experiences that combine virtual reality technology and multi-sensory effects in a physical environment that allows guests to roam freely and interact socially. Tyffon’s first two Tyffonium experiences are mixed reality horror-based “Corridor” and fantasy ride-focused “Fluctus.”