AR Industry

AR Industry

Varjo Raises $40M Series D Funding to Expand Cloud-based XR Platform

Varjo, maker of high-end enterprise XR headsets, this week announced it has raised a $40 million Series D investment to continue building its Varjo...

Meta & Qualcomm Join “Multi-year” XR Chip Partnership to Combat a Common Threat

Two of the biggest names in XR—headset maker Meta and chip maker Qualcomm—today announced a "multi-year broad strategic agreement" to collaborate on "customized virtual...

Magic Leap Commits to OpenXR & WebXR Support Later This Year on ML2

In an ongoing shift away from a somewhat proprietary development environment on its first headset, Magic Leap has committed to bringing OpenXR support to...
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Catch Road to VR Co-founder Ben Lang on the Between Realities Podcast

Road to VR co-founder Ben Lang recently joined the crew of the Between Realities podcast. Bringing more than a decade of experience in the XR...

Reality Labs Chief Scientist Outlines a New Compute Architecture for True AR Glasses

Speaking at the IEDM conference late last year, Meta Reality Labs' Chief Scientist Michael Abrash laid out the company's analysis of how contemporary compute...

Snap Acquires Brain-Computer Interface Startup NextMind

Snap announced it's acquired neurotech startup NextMind, a Paris-based company known for creating a $400 pint-sized brain-computer interface (BCI). In a blog post, Snap says NextMind...

The Co-founder of One of Gaming’s Most Lauded Studios Believes XR is the Future

Jason Jones is the co-founder of Bungie, the legendary gaming studio behind franchises like Halo and Destiny. In a pre-show interview ahead of today's Destiny...

Oculus Head of Developer Relations Leaves for Niantic as it Ramps up Lightship AR...

Niantic announced today that long-time Oculus employee Dan Morris, Head of Developer Relations, is joining as the company's new Director of Developer Relations as...

DigiLens and Mitsubishi Chemical Ready Low Cost Plastic Waveguide Optics for AR

DigiLens, creators of waveguide optics, today announced a "deeper" partnership with Mitsubishi Chemical to bring a plastic version of its waveguide technology to the...

[Update] Magic Leap Secures $350M Funding to Avoid Previously Announced Layoffs

Magic Leap announced last month that layoffs impacting "every level of the company" were coming alongside a pivot away from its near-term consumer ambitions...

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,...
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