Kristalic

Kristalic is a technology firm focused on developing immersive virtual reality gaming experiences that foster social interaction and personalization among players. Founded in 2018 and headquartered in Cambridge, UK, Kristalic specializes in creating virtual reality gaming platforms. The company was co-founded by Derrick Van Schalkwyk and Jos van der Westhuizen, the latter also serving as CEO. Kristalic raised USD 2.

000 mn in Seed funding on July 2, 2019, from investors including 3Rodeo, Fairchild Capital Management, Moai Capital, and Renegade Ventures, bringing the total amount raised to USD 2. 000 mn. Kristalic offers a range of multiplayer mini-games designed for both competitive and casual play. Users can customize avatars using in-game currency, facilitating personal expression.

The platform targets gamers across various demographics and markets its products in North America, Europe, and Asia, with an emphasis on community-driven experiences. Kristalic generates revenue through direct-to-consumer sales of its virtual reality platform and in-game purchases, which include avatar customization options. The business utilizes a subscription-based model that allows users to enjoy a variety of gaming experiences for a monthly fee. Clients encompass individual gamers and organizations seeking to utilize the platform for social events or team-building activities.

With the recent Seed funding of USD 2. 000 mn secured in July 2019, Kristalic aims to innovate by developing new gaming products and expanding into additional geographic markets. The company is focused on enhancing its offerings and engaging more users through immersive experiences, with plans to broaden its reach across Europe and Asia by 2021.