Refract

Singapore, Singapore Founded: 2019 • Age: 7 yrs
Real-time body tracking for VR gaming experiences is developed.
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About Refract

Refract is a company based in Singapore (Singapore) founded in 2019 by Eugene Koh.. Refract has raised $6 million across 1 funding round from investors including Sea. Refract operates in a competitive market with competitors including AntVR, WizDish, AccuPS, Realiteer and Striker VR, among others.

  • Headquarter Singapore, Singapore
  • Founders Eugene Koh
  • Sectors
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Refract Technologies Pte. Ltd.
Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6 M (USD)

    in 1 rounds

  • Latest Funding Round
    $6 M (USD), Series A

    Jan 25, 2022

  • Investors
  • Employee Count
    Employee Count
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People of Refract
Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Michael Chng
Co-chief Executive Officer

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Teams

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Funding Insights of Refract

Refract has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in January 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.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $6.0M
  • First Round

    (25 Jan 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2022 Amount Series A - Refract Valuation

investors

Sea
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Refract

Refract has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sea. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Digital entertainment, e-commerce, and financial services are provided globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Refract

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Refract

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Refract Comparisons

Employees
+
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Competitors of Refract

Refract 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 AntVR, WizDish, AccuPS, Realiteer and Striker VR, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
VR gaming and viewing kit
domain founded_year HQ Location
Virtual reality motion platforms are developed for immersive simulations.
domain founded_year HQ Location
3D interaction devices for virtual reality based on tracking
domain founded_year HQ Location
Virtual reality hardware and games are developed and released.
domain founded_year HQ Location
Virtual reality gun controllers are supplied for location-based entertainment venues.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Refract

Frequently Asked Questions about Refract

When was Refract founded?

Refract was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Where is Refract located?

Refract is headquartered in Singapore, Singapore.

Who is the current CEO of Refract?

Michael Chng is the current CEO of Refract.

Is Refract a funded company?

Refract is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Jan 25, 2022.

What does Refract do?

Refract was founded in 2019 in Singapore, focusing on gaming technology. A real-time body tracking system has been designed to enable VR-based gaming. Body movements are captured and controlled by users through the device during gameplay. Operations are centered in Singapore, with the system targeted at gamers seeking immersive experiences. The team includes co-founders Eugene Koh as COO and Michael Chng as CEO.

Who are the top competitors of Refract?

Refract's top competitors include AntVR, WizDish and AccuPS.

Who are Refract's investors?

Refract has 1 investor. Key investors include Sea.

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