AR Industry

Google to Announce New Dev Tools at GDC 2018, Keynote to Feature AR/VR

This year's Game Developers Conference (GDC) is nearly upon us, and now that talks for the week-long event are published on the GDC website, it...

Gree VR Capital Completes First $18M VR/AR Fund, Changes Name to GFR Fund

GREE VR Capital, the investment firm backing startups such as VRChat, TheWaveVR, and Littlstar, today announced the completion of its first immersive media fund, totaling $18.3...

Magic Leap Takes on Funding from Media Company Axel Springer

German media company Axel Springer today announced that it has taken part in a new round of financing of Magic Leap. The company hasn't disclosed...

Oculus Hiring Spree Suggests Facebook is Accelerating VR/AR Plans

Starting toward the end of 2017, the number of listed job openings at Oculus has nearly tripled, with the current number of openings floating...

Investors Poured a Record $2 Billion into VR/AR in 2017, But Early Stage Funding...

In 2017, venture funding of VR/AR companies reached at least $1.9B, ending slightly above 2016. The total number of companies raising venture capital during...

‘Pokémon Go’ Studio Niantic Completes $200M Funding Round

Niantic, the developer behind Pokémon Go and the upcoming Harry Potter AR game, announced they've taken on $200 million in their Series B investment round. As reported...

Amazon Brings Augmented Reality Product Previews to iOS App

'Try it before you buy it', the old adage goes. Well, an AR preview might not exactly be 'trying it', but Amazon's new 'AR...

Nokia and Xiaomi Announce a Long-term Partnership to “Explore” AR and VR

The Finnish and Chinese companies today signed a cross-licensing patent deal ‘focused around the data center’, according to a CNBC report. This will allow...

AR Headset Startup CastAR is Reportedly Shutting Down

According to a report from Polygon, augmented reality company CastAR is heading for a shutdown, laying off staff from the Palo Alto headquarters and...
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