Parallux

New York, United States Founded: 2018 • Age: 8 yrs
Immersive VRAR experiences are developed for mass audiences.
Annual revenue - Latest available
Total funding $20,000 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Parallux

Parallux is a company based in New York (United States) founded in 2018. Parallux has raised $20 thousand across 1 funding round from investors including Techstars. Parallux operates in a competitive market with competitors including Jadooz, Cadre VR, Veero, Word VR and Vivid VR, among others.

  • Headquarter New York, United States
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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Operational Areas
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $20 K (USD)

    in 1 rounds

  • Latest Funding Round
    $20 K (USD), Seed

    Jun 01, 2022

  • Investors
  • Employee Count
    Not available
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Funding Insights of Parallux

Parallux has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Parallux

Parallux has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars.

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Venture Fund
Investor Description Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
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Investor details for Parallux

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Investments & Acquisitions by Parallux

Investments
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Investment portfolio details for Parallux

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Financial Statements - Parallux

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Parallux Comparisons

Parallux Primary company
Description
Immersive VR/AR experiences are developed for mass audiences...
Location
New York, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Parallux

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Competitors of Parallux

Parallux operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jadooz, Cadre VR, Veero, Word VR and Vivid VR, among others.

Company Name Domain Founded year HQ Location Description
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Provider of a virtual reality cinema theater
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Virtual reality narrative films are developed for immersive storytelling.
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Provides a virtual reality cinema for immersive entertainment experiences.
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Word VR delivers virtual reality cinema theaters and comprehensive solutions.
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Virtual reality screenings for immersive world exploration.
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Detailed competitors of Parallux

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Latest news on Parallux

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Frequently Asked Questions about Parallux

Parallux was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Parallux is headquartered in New York, United States. It is registered at New York, New York, United States.

Parallux is a funded company, having raised a total of $20K across 1 funding round to date.

Developer of immersive experiences for mass audiences. Its offerings include CAVE which is a virtual reality-based short film featuring a young woman named Ayara who struggles to decide whether to accept her role as Shaman, her tribes only link to the spirit world. It has been developed using a proprietary technology known as the Mass Audience Synchronization that enables large-scale ARVR experiences for up to 50 co-located audience members to see and hear immersive content from their unique point of view within shared virtual or augmented environments. The company has spun out off the NYU Future Reality Lab.

Parallux's top competitors include Jadooz, Cadre VR and Veero.

Parallux has 1 investor. Key investors include Techstars.

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