Seasick VR firm owes half million - News Summed Up

Seasick VR firm owes half million


A Christchurch business developing a virtual reality headset to cure seasickness has gone into liquidation owing creditors more than $513,000. On the See Level website company founders said it took 80 software builds and repeated boat tests on seasick individuals in Lyttelton Harbour until ‘‘we got it right’’. Mr Crimp said in his first liquidators report the company was set up in 2018 to develop a product for countering seasickness. ‘‘It is too early for the liquidator to indicate the likely funds available for unsecured creditors. Creditors included ANZ Bank, Mr Jackson, Mr Rule, IRD, MIRJ Investments and MBIE.


Source: Otago Daily Times April 05, 2026 17:37 UTC



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