OVA’s XR content creation platform StellarX received UD 0.25 million in a pre-seed financing from Ascent Ventures. 

The funding will be utilized to expand OVA’s team and further develop StellarX’s product offerings. 

OVA is a company that creates AI-powered software for immersive experiences. Its no-code platform StellarX allows users to build VR environments, granting access to a variety of assets and templates including digital avatar creation. Other tools include a particle system that allows users to add special effects such as rain, smoke, and fire in their XR worlds.

Analyst QuickTake : The funding round highlights growing investor attention in the no-code XR content creation tools market. Other players in this space, such as Fectar and DimensionX , have also received funding in recent months. This trend is further reinforced by reports of Apple's plans to develop no-code tools for its mixed-reality headset in February 2022 .