Wednesday, October 5, 2022

Fabric Gets $4M For Augmented Reality Platform For Live Events

Los Angeles-based Fabric has raised $4M for an effort to bring augmented reality to live events, according to the company. According to Fabric, the funding was led by Sapir Venture Partners, and also includes an earlier $1.9M seed that was led by Sapir. The startup says it is developing an immersive platform which brings "social, gaming, blockchain, and augmented reality experiences in real-time" to enhance live events, activities, and locations. Saul Garlick is Co-founder and CEO of Fabric; the company says it was founded in 2018.