XR Games makes mobile and console Virtual Reality games for licensed Intellectual Properties. Australian venture capital firm Global Merces has made a $2.6m (USD) seed investment in XR Games, from its Media Fund in late 2017. This supplemented an earlier seed round by angel investor Nigel Douthwaite. Bobby Thandi, XR Games’ CoFounder and CEO, assembled the launch team in 2017. They worked together at parent company Dubit on projects for DreamWorks, Mattel, Disney, BBC, PBS KIDS, and other leading companies.