Independent games studio and virtual reality developer XR Games has secured a £1.5m funding round, led by Praetura Ventures alongside existing investor ACT Capital Partners.

Praetura Ventures, the firm committed to providing capital and support to early-stage businesses across the north of England, has invested from its EIS 2019 Fund and will now work closely with founder and CEO Bobby Thandi and his team as they execute the next stage of their growth strategy.