SACRAMENTO, Calif., April 15, 2019 /PRNewswire/ -- The Capital Region ARVR Accelerator (CRARVRAccelerator), the only program in the nine county area dedicated to the advancement of virtual, augmented and mixed reality, announces its inaugural Demo Day on April 18, 2019, at the McClatchy New Ventures Lab in Sacramento located at 401 I Street. Demo Day will showcase live virtual reality (VR) and augmented reality (AR) innovations by the seven startups in its first cohort and will feature a panel discussion with leaders in the VR and AR markets. In addition, a presentation on the state of VR/AR will be given by Amy Peck, CRARVRAccelerator Venture Partner and CEO of EndeavorVR.
VR in education, social gaming and hardware are among the demonstrations that will be available to experience on site. Each startup in the cohort will deliver pitches to a panel of esteemed judges from companies heavily invested in VR and AR such as HTC, Samsung Next, Flextronics, Applied Materials and McClatchy. The winning pitch will be announced during the Networking Reception hosted by Five Star Bank. The VR and AR demonstrations will be available throughout the event.
"Capital Region VRAR Accelerator," said Jon Gregory, General Partner at CRARVRAccelerator, "is built on existing relationships with sports and entertainment corporations, venture capital funds, healthcare institutions, technology companies and governmental entities, all of whom, provide unique testing grounds for participating cohort startups as they look to secure early pilot customers or partners."
CRARVRAccelerator is an intensive 12-week program incorporating on-site and virtual components with investment capital, mentors and strategic partners to the startups in the program.
The afternoon starts at 1:30 p.m. with the panel discussion. The winning startup pitch will be announced during the Five Star Bank Networking Reception, starting at 5 p.m.
The startups in the first cohort are: SAMA Learning, Adventure Lab, Altwork, Cognivive, Meedia, Observer Analytics and Tesuji.
ABOUT CRARVRA: Headquartered in the Sacramento area, CRARVRAccelerator is an exclusive program for concept and early-stage augmented reality (AR) and virtual reality (VR) disruptors looking for assistance in pilot customers and strategic partnerships. For more information, please visit: www.crarvraccelerator.com.
SOURCE Capital Region ARVR Accelerator