Fundraising Fox

Innerspacevr

Paris, FR · Founded 2014 · 13 employees on LinkedIn · 1 known investors

InnerspaceVR is a VR creation studio that builds narrative-driven games and entertainment experiences for casual VR users on major devices such as Quest and Steam, using its own Unreal Engine development frameworks. Based in Paris, its titles span online platforms and location-based entertainment (LBE) and are available in multiple languages.

Also known as Innerspace · Innerspace VR · InnerspaceVR

Investors · 1

Company profile

researched Aug 2026

InnerspaceVR is a virtual reality creation studio headquartered in Paris, France, founded in 2014. It designs gaming mechanics, worlds and stories aimed at casual VR users across major headsets, and builds the resulting games and experiences on its own development frameworks. Its catalogue spans narrative puzzle-adventure games and interactive art-derived experiences, including A Fisherman's Tale, Maskmaker, Another Fisherman's Tale, Kubo, and Firebird - La Péri, an interactive experience based on a French ballet.

Current and recent projects include One True Path, an approximately 1.5-hour adventure game structured around fictional worlds created by a fictional gamebook author, released for Quest 3, Steam and Synthesis VR in October 2024 following an early-access first part, and Spymaster, an action stealth puzzle game inspired by spy and heist films, announced for Quest and Steam with a 2026 release. Both titles are developed with support from the CNC and MEDIA/Creative Europe, with Spymaster also supported by Region Île-de-France. Company content is distributed in English and Chinese, with French and German for selected titles.

Founding story

Founded in 2014 in Paris. Co-founder Balthazar Auxietre, born 1985 and a graduate of Le Fresnoy studio national des arts contemporains after studying at the École Nationale Supérieure des Arts Décoratifs in Paris, serves as creative director; Hayoun Kwon is co-founder and art director.

Business model

The studio develops and publishes its own VR games and experiences, distributing them through consumer platform stores and through distribution partners for location-based entertainment and screening venues. Production is supported in part by public and institutional funding bodies for film and cultural industries, and by platform-holder grant programs such as Epic MegaGrants.

Traction

Released titles include A Fisherman's Tale (Oculus Quest version announced 2019), Maskmaker (PC and PlayStation platforms in April 2021, Meta Quest 2 in December 2022, PlayStation VR2 in March 2023), Firebird - La Péri on Viveport (2022), Kubo (two awards in 2022), Another Fisherman's Tale (2023) and One True Path (October 2024). The studio received two Epic MegaGrants in 2020 for Fisherman and Peach Garden.

Latest developments

One True Path shipped in October 2024 for Quest 3, Steam and Synthesis VR after an early-access first part. Spymaster, an action stealth puzzle title for Quest and Steam supported by Creative Europe Media, the CNC and Region Île-de-France, is announced for 2026.

Full profile — market position, technology, go-to-market, geography, history

Market position

An independent VR studio known for narrative-driven, award-winning titles; its work has been covered by VR trade press including Road to VR, UploadVR and the Vive blog.

Technology

InnerspaceVR builds proprietary development frameworks for Unreal Engine, tailored to narrative-driven entertainment, in order to reuse work from past projects and prototypes and shorten development cycles. These include an interaction framework (Dollhouse) intended to support fast iteration and tweaking in interaction design, and a node-based narration framework that lets writers and designers author code-intensive parts of experiences directly.

Go-to-market

Titles are released on consumer VR platforms including Meta Quest, Steam, PlayStation VR/VR2 and Viveport, and on LBE distribution platforms such as Synthesis VR. The studio also directs screening and distribution inquiries to its partners, and maintains a Discord community around its games.

Casual VR users on major consumer headsets, plus location-based entertainment operators, exhibitors and distribution partners who license or screen the studio's experiences.

Geography

Single studio in Paris, Île-de-France (11 Rue de l'Arc de Triomphe), with games distributed internationally through digital VR storefronts and localized in English, Chinese, French and German.

History

The studio was founded in 2014 in Paris and was selected in January 2015 as one of the 13 inaugural members of River, Rothenberg Ventures' VR accelerator. It went on to ship a series of narrative VR titles from 2019 onward, expanding across Quest, Steam, PlayStation VR/VR2 and Viveport, and by 2025 was led by CEO Hadrien Lanvin alongside co-founders Balthazar Auxietre and Hayoun Kwon.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesJan 202510 people
HeadcountAug 202613
One True Path play durationOct 20241.5 hours

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 12

launches, deals, and filings
Jan 2026
Spymaster announced for Quest and Steam

Action stealth puzzle game inspired by spy and heist films, developed with support from Creative Europe Media, the CNC and Region Île-de-France, scheduled for release in 2026.

source ↗

Oct 2024
One True Path released on Quest 3, Steam and Synthesis VR

Adventure game of about 1.5 hours, supported by the CNC and MEDIA/Creative Europe, released in October 2024 following an early-access first part.

source ↗

May 2023
Another Fisherman's Tale released

source ↗

Mar 2023
Maskmaker released on PlayStation VR2

The puzzle-adventure title arrived on PlayStation VR2 with visual upgrades for the new hardware.

source ↗

Dec 2022
Maskmaker released on Meta Quest 2

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Jul 2022
Kubo wins two awards

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Apr 2022
Firebird - La Péri launched on Viveport

An interactive VR experience based on a classic French ballet was made available to HTC Vive users through Viveport.

source ↗

May 2021
New project with Vertigo underway

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Apr 2021
Maskmaker released on PC and PlayStation platforms

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Mar 2020
Two Epic MegaGrants awarded for Fisherman and Peach Garden

The studio received support from Epic Games via two MegaGrants, for the Fisherman and Peach Garden projects.

source ↗

Sep 2019
A Fisherman's Tale announced for Oculus Quest

source ↗

Jan 2015
Selected for River, Rothenberg Ventures' VR accelerator

InnerspaceVR was among the 13 inaugural members of River, the VR-focused accelerator run by Rothenberg Ventures, chosen from about 200 applicants; each participant received $100,000 in cash plus co-working space and mentorship.

$100K source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Innerspacevr do?
InnerspaceVR is a Paris-based VR studio making narrative-driven games and immersive experiences for Quest, Steam and LBE venues.
Who are Innerspacevr's investors?
Innerspacevr's investors include Colopl Next.
Where is Innerspacevr headquartered?
Innerspacevr is headquartered in Paris, FR.