Refract Soars with SG$8.5 Million Funding: The Future of XR Gaming Awaits

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The landscape of gaming technology is evolving at a rapid pace, with innovators constantly pushing the boundaries of what is possible. One standout player making waves is Refract, a Singapore-based startup that has recently secured approximately SG$8.5 million (around $6 million USD) in Series A funding to fuel its ambitions in the extended reality (XR) space. With this financial boost, Refract is set to enhance its pioneering motion capture solution, AXIS, which promises to redefine the way players engage with their gaming environments.

The Genesis of Refract

Founded by the dynamic trio of Chong Geng Ng, Michael Chng, and Eugene Koh in 2018, Refract was conceived from a shared vision: to bridge the gap between gaming and physical activity. After exploring the limitations of traditional gaming interfaces, the founders realized that by allowing players to utilize their own bodies as game controllers, they could enhance the gameplay experience significantly. This realization laid the groundwork for the development of AXIS, a versatile, game-oriented full-body motion capture system.

AXIS: A Game-Changer in Motion Capture Technology

AXIS is not just another motion tracking device; it represents a paradigm shift in gaming technology. Unlike conventional systems requiring cumbersome setups and external base stations, AXIS is designed to be completely untethered and wireless. With its proprietary inside-out tracking capabilities, users can engage in gaming without worrying about spatial constraints or occlusion issues commonly associated with other technologies.

  • Versatile Motion Tracking: Players can utilize between 7 to 10 tracking nodes for gaming, with the option to scale up to the industry-standard 17 nodes for precision tracking.
  • Seamless Integration: AXIS is compatible with popular VR headsets such as the Oculus Quest 2 and works across multiple platforms like OpenVR, OpenXR, Unity, and Unreal Engine.
  • Community Focus: By engaging with platforms like Kickstarter, Refract has cultivated a dedicated community eager for innovative gaming technologies.

Aiming for the Stars: Refract’s Market Strategies

With a sector boasting an astounding 2.9 billion gamers globally, Refract is strategically positioning itself for growth. The investment from reputable firms, including Sea Limited and international family offices, not only affirms their vision but also lays the groundwork for tremendous potential in the XR market. Refract is further enhancing its offerings by incorporating a gaming division through its acquisition of Deep Dive Studios, enabling them to produce immersive titles like the upcoming FreeStriker combat game, designed exclusively for AXIS users.

Moreover, the burgeoning relationship with World Taekwondo highlights Refract’s commitment to integrating traditional sports with modern gaming experiences. By gamifying Taekwondo, they are engaging a younger demographic while also promoting physical activity through virtual platforms.

Innovation and Community-Centric Future

As Refract gears up for the commercialization of AXIS later in the year, the energy is palpable among both its team and supporters. The acknowledgment from industry leaders, such as Jason Ng from Sea Digital Entertainment, underscores the potential impact of Refract’s innovations. “We recognize the talent at Refract as well as the enormous potential of AXIS,” Ng remarked. This speaks to a larger trend of the industry focusing not just on product development, but also on fostering an ecosystem where innovation and entertainment go hand in hand.

Conclusion: The Dawn of a New Era in Gaming

With the influx of funding, Refract is poised to revolutionize the XR gaming landscape. AXIS is set to usher in a new era where physical movement and immersive digital experiences coexist, reshaping how we perceive gaming. As the company continues to develop its technology and expand its team, it promises a future brimming with possibilities for gamers, developers, and fitness enthusiasts alike.

At fxis.ai, we believe that such advancements are crucial for the future of AI, as they enable more comprehensive and effective solutions. Our team is continually exploring new methodologies to push the envelope in artificial intelligence, ensuring that our clients benefit from the latest technological innovations.

For more insights, updates, or to collaborate on AI development projects, stay connected with [fxis.ai](https://fxis.ai).

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