Virtual reality startup receives $10 million investment from Minneapolis firm

TAMPA — Vū Technologies, a Tampa-based virtual reality production startup, has closed on a $10 million seed investment from ADX Labs Inc., a technology and services company headquartered in Minneapolis.

Vū Technologies, according to a press release, plans to use the capital to build new Vū Studios — high-tech sound stages that can create content for clients such as Mercedes, Apple, Neiman Marcus and the WWE — in Las Vegas and Nashville in the first quarter of 2022.