Saudi’s Vuz raises $12 million for worldwide growth of its immersive media platform 

Saudi Arabia-based immersive media platform Vuz has raised $12 million in a pre-Sequence C funding spherical, with the Worldwide Finance Company (IFC), a member of the World Financial institution Group, becoming a member of as a strategic investor, it introduced immediately.

The spherical additionally noticed participation from Al Jazira Capital, Crosswork VC Success Fund, present traders, and several other distinguished Saudi household workplaces, bringing Vuz’s complete funding to over $35 million.

Based within the UAE in 2017 by Khaled Zaatarah, Vuz operates a next-generation media platform providing immersive stay content material throughout XR, VR, AR, and AI-powered streaming. The platform hosts over 30,000 hours of premium immersive content material and has achieved over 3 billion display views up to now.

The funding will speed up Vuz’s world growth throughout Saudi Arabia, the UAE, Africa, Asia, and the US, whereas additional creating its AI-driven streaming applied sciences and stay spatial experiences. The corporate beforehand raised a $20 million Sequence B spherical in October 2022 from Caruso Ventures, Imaginative and prescient Ventures, e& Capital, and others.

Vuz achieved EBITDA profitability in 2024, with 80% year-over-year gross revenue development, it claimed in an announcement. The platform has secured unique content material partnerships with main sports activities organizations together with LaLiga, Serie A, and PFL, and maintains over 40 world telecom integrations with 20+ extra in progress.

“We’re honored to welcome IFC as a strategic investor,” stated Khaled Zaatarah, founding father of Vuz. “With IFC and the World Financial institution Group’s monitor document in scaling telecom and digital media firms globally and over $1 trillion in belongings beneath administration, this partnership units the stage for large world scale.”

“This funding displays IFC’s dedication to inventive industries as a driver of jobs and revenue in rising markets. Vuz’s tech edge and world attain align properly with our mandate to assist scalable platforms that empower creators,” stated Farid Fezoua, IFC International Director for Disruptive Applied sciences, Companies, and Funds.

Vuz’s platform empowers a creator community with a mixed world attain exceeding 100 million, providing monetization instruments, immersive manufacturing capabilities, and interesting fan experiences. The corporate has launched throughout a number of platforms together with TV units, Apple Imaginative and prescient Professional, Oculus, and its new web-embedded immersive tech layer, VuzGo.

The startup is concentrating on over 5 billion display views by 2026 and continues to increase its partnerships with soccer golf equipment, world athletes, and A-list artists. Vuz holds 4 world patents powering its proprietary streaming applied sciences, positioning it on the heart of discussions with system producers, sports activities federations, and media conglomerates looking for next-generation content material supply.

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