Virtual Reality

Niio announces $15M Series A following strategic partnership with Samsung Displays

Niio, a digital art platform featuring work ranging from contemporary artists and galleries through to NFTs, announced today it has closed $15 million Series A funding in the wake of a strategic part

TikTok owner ByteDance buys a top virtual reality hardware startup

TikTok parent company ByteDance seems to be looking to one-up Facebook anywhere it can. After taking over the mantle of most-downloaded social media app in the world with TikTok, ByteDance is coming f

Korean 3D spatial data tool startup Urbanbase closes $11.1M Series B+ round

Urbanbase, a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1 million (13 billion won) in a Series B+ round as it scal

AI voice, synthetic speech company LOVO gets $4.5M pre-series A funding

“Voice skins” have become a very popular feature for AI-based voice assistants, to help personalize some of the more anodyne aspects of helpful, yet also kind of bland and robotic, speaking voices

You can now buy the $299 Oculus Quest 2 with 128GB of storage

Following its announcement late last month, Facebook’s new 128GB model of the Oculus Quest 2 is now available to buy, for the same $299 price as the previous 64GB base model.

Facebook finally made a good virtual reality app

Facebook’s journey toward making virtual reality a thing has been long and circuitous, but despite mixed success in finding a wide audience for VR, they have managed to build some very nice hard

Zuckerberg is turning trillion-dollar Facebook into a ‘metaverse’ company, he tells investors

Following the quarterly release of Facebook’s earnings numbers where the company’s CFO takes time to walk through the nitty gritty of the company’s financials, CEO Mark Zuckerberg to

Osso VR raises $27 million to turn surgery into a video game

Virtual reality did not turn into the ultimate office replacement telepresence machine during the pandemic — and it wasn’t for lack of trying — but some startups focused on employee

Psychedelic VR meditation startup Tripp raises $11 million Series A

As an increasing number of startups sell investors on mobile apps that help consumers prioritize well-being and mindfulness, other startups are looking for a more immersive take that allows users to f

Facebook’s entry into VR advertising isn’t going too well

Facebook’s efforts to bring advertising to the Oculus virtual reality platform it has spent billions of dollars building out doesn’t seem to be off to a great start. The company announced

Facebook buys game studio BigBox VR

Facebook has bought several virtual reality game studios over the past couple of years, and they added one more to their portfolio Friday with the acquisition of Seattle-based BigBox VR. The studio&#8

Holoride deploys Elrond blockchain and NFTs in prep for 2022 market launch

Holoride, the Audi spinoff that’s creating an in-vehicle XR passenger entertainment experience, is deploying blockchain technology and NFTs as the next stage in its preparation for a 2022 market lau

Facebook VR exec Hugo Barra is leaving

Four years after joining as Facebook’s first VP of VR, ex-Xiaomi exec Hugo Barra has left the company, he said in a social media post Tuesday. Barra led Facebook’s VR efforts during a part

Xbox teams up with Tencent’s Honor of Kings maker TiMi Studios

TiMi Studios, one of the world’s most lucrative game makers and part of Tencent’s gargantuan digital entertainment empire, said Thursday that it has struck a strategic partnership with Xbo

Facebook is buying the developer behind VR shooter ‘Onward’

After a steady stream of studio acquisitions in late 2019 and early 2020, Facebook has been a little quieter in recent months when its came to bulking up its VR content arm. Today, the social media gi

Audi spinoff holoride collects $12M in Series A led by Terranet AB

Holoride, the company that’s building an immersive XR in-vehicle media platform, today announced it raised €10 million (approximately $12 million) in its Series A investing round, earning the comp

Facebook brings software subscriptions to the Oculus Quest

Subscription pricing is landing on Facebook’s Oculus Store, giving VR developers another way to monetize content on Facebook’s Oculus Quest headset. Developers will be allowed to add premi

New Quest 2 software brings wireless PC streaming, updated ‘office’ mode

After a relatively quiet couple of months from Oculus on the software front, Facebook’s VR unit is sharing some details on new functionality coming to its Quest 2 standalone headset. The feature

Automakers, suppliers and startups see growing market for in-vehicle AR/VR applications

While it's not likely that we'll be driving around wearing VR headsets anytime soon, in-car AR is already changing the way we travel, and it promises to continue to evolve.

Rec Room raises at $1.25B valuation from Sequoia and Index as VCs push to find another Roblox

Investor FOMO following Roblox’s blockbuster public debut is pushing venture capitalists who missed out on that gaming giant to invest in competing platforms. Today, Rec Room announced it has ra
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