AR Industry

AR Industry

WaveOptics Secures Additional $13M to Expand AR Optics Manufacturing

WaveOptics, a designer and manufacturer of waveguide optics for AR displays, announced it's raised a total of $39 million (£30m) in Series C funding,...

OpenXR 1.0 Released, Microsoft Supports HoloLens 2 & WMR, Oculus Plans Rift & Quest...

OpenXR, a widely supported initiative which aims to streamline AR/VR development across headsets and platforms, has reached its 1.0 release today. It's a major...

Scope AR Secures $9.7M Series A to Develop AR Training & Remote Assistance Tools

Scope AR, the enterprise-focused AR studio, today announced it has successfully closed a $9.7 million Series A funding round to further develop it cross-platform...

WaveOptics Raises $26 Million to Expand AR Optics Supply Chain

WaveOptics, a manufacturer of diffractive waveguide optics for AR displays, today announced it has raised a $25 million Series C investment which will be...

New Startup Artie Wants to Bring AI-driven Avatars to Augmented Reality

Former Felix & Paul chief content officer Ryan Horrigan and former Milk VR and VRSE.works producer Armando Kirwin have banded together to found Artie,...

WaveOptics & Goertek Deal to Enable Mass Production of AR Optics

AR optics maker WaveOptics has announced a manufacturing partnership with Goertek, one of the VR industry's leading manufacturers. The deal will enable mass production of...

Jaunt Acquires Personify’s Volumetric Capture Tech & Talent to Build Out XR Platform

Jaunt was once a cinematic VR company which produced high-quality 360 video, and to boot even a professional-grade 360 camera dubbed NEO. Taking a...

Meta Forced to Furlough After Chinese Lead Backs Out of New Investment

Meta, makers of an AR headset dev kit, was close to raising a new round of funding before a Chinese lead investor backed out,...

Oculus Founder Serves up Scathing Review of Magic Leap One, Calling It a “Tragic...

While Palmer Luckey provided his own Magic Leap One headset to iFixit for their tear down, the founder of Oculus certainly had his chance...

Echoing Apple’s iPhone Launch, Magic Leap Taps AT&T for Exclusive US Distribution

Magic Leap today announced that AT&T, one of the leading cellular carriers in the US, has invested in the company and solidified a partnership...

Adobe’s Project Aero Aims to Help Creators Build AR Content

Adobe recently unveiled a new project that aims to take the company further into the realm of augmented reality. Called Project Aero, the newly...

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...
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