Investment

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...

VirZOOM Closes $5.5M Seed Funding to Develop Second Generation of VR Bike Kit

VirZOOM, makers of VR arcade exercise games and the VirZOOM Bike Controller, announced the successful closure of a $5.5 million seed funding round which the...

Positron Closes $1.4 Seed Funding to Develop Next Gen of Its VR Motion Chair

Positron, a Los Angeles-based VR technology studio, announced at Sundance that it closed a $1.4 million seed funding deal to further develop the next generation...

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...

Go Touch VR Raises $1 Million for Haptic VR Tech, Shows off DK1 Design

Go Touch VR, which is developing a simple haptic device that's surprisingly effective, has raised €837,000 (approx. $1 million) in venture capital for ongoing...

HTC Invests in 26 More AR/VR Startups in Vive X Accelerator

HTC today announced its third batch of AR/VR startups backed by the company's Vive X accelerator program. A total of 26 new companies from across...

Pixvana Raises $14M Series A Investment for Cloud-based VR Video Platform

Pixvana, a Seattle-based startup creating a cloud-based processing and delivery platform for VR video, today announced a $14 million Series A funding round led...

‘Rec Room’ Studio Raises $5M “to continue to build the future of Social VR”

Seattle-based VR studio Against Gravity has today announced they have received $5M in seed funding to continue to build Rec Room, the studio's social VR platform. Only launching last...

AR Optics Company Lumus Secures Further $30M in Funding

Lumus Ltd. recently confirmed a $30 million funding round led by Quanta and HTC. Lumus is a leading provider and developer of augmented reality...

Baobab Studios Raises $25 Million in New Funding Round

There isn't a studio that can claim to be 'The Pixar of VR' just yet, but many heavy hitters in traditional media and tech are...

Comcast, Samsung, and HTC Join $6 Million Investment in VR Animation Studio ‘Baobab’

On the hunt for 'the Pixar of VR' a cast of big names have joined for a $6 million series A investment in virtual...

NextVR Raises $30.5M to Accelerate Broadcast VR Development

NextVR, the company known for live-broadcasting immersive video such as last month's Gear VR-accessible Democratic debate, announced recently a $30.5 million Series A funding...

Littlstar Joins Disney Accelerator, Apps Coming Soon to Rift, Morpheus, and Vive

Disney has added Littlestar, the "VR Cinema Network," to its accelerator program. Joining the media conglomerate’s tech accelerator will give the startup access to...

AR Glasses Company CastAR Lands $15 Million Investment Led by Android Co-founder’s Firm

CastAR (formerly Technical Illusions) today announced a $15 million Series A fundraising round to continue development of their augmented reality glasses of the same...
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