By Mark Anderson – Staff Writer, Sacramento Business Journal
Sacramento, August 7, 2018 — An augmented reality and virtual reality accelerator is being launched in Sacramento with its first cohort of companies expected be chosen for the program at the end of this month.
The Capital Region AR VR Accelerator is a collaboration of the Sacramento Kings, Folsom venture capital firm Moneta Ventures LLC, McClatchy New Ventures Lab and West Sacramento-based prefabricated building products company Clark Pacific.
The accelerator is trying to attract companies and investors in new visual technologies to the Sacramento region by offering participating companies equity investments of $50,000, on average, for joining, said Dave Sanders, a co-founder of the accelerator and also managing partner of executive search and placement firm WorldBridge Partners . . . Read the whole story