Investment

Investment

Amazon, Qualcomm & More Invest $11.2M in TRIPP to Build the “mindful metaverse”

TRIPP, a developer creating VR meditation experiences, announced it's secured $11.2 million funding round which it says will be used to expand so it...

Lynx Secures $4M in Series A Funding, Aims to Become “European Champion of Mixed...

Lynx, the French XR hardware startup known for crowdfunding the Lynx R-1 mixed reality headset, today announced it's secured $4 million in its Series A...

Google Acquires MicroLED Startup Raxium to Bolster AR Ambitions

Google is adding to its portfolio of XR microdisplay designs and talent, as the company announced it's acquired microLED (µLED) designer Raxium. The acquisition was...

Maker of the Taser Acquires VR Studio to Bolster VR Police Training

Axon, the company best known for its Taser stun guns, has announced the acquisition of VR studio Foundry 45 which it says will bolster...

Waveguide Maker DigiLens Announces New Investment at $530M Valuation

DigiLens, a maker of waveguide optics for AR glasses, today announced a second close of its Series D funding round, claiming a $530 million...

Veteran VR Studio of ‘Fracked’ & ‘Phantom: Covert Ops’ Raises $35M to Expand Development...

nDreams, the veteran VR studio behind titles like Fracked (2021) and Phantom: Covert Ops (2020), today announced a $35 million investment from Aonic Group. nDreams was an early...

Surgery Training Platform ‘Osso VR’ Secures $66M Series C Financing

Osso VR, the VR surgical training platform, today announced it's closed a $66 million Series C financing round, something the company says will be used...

FOV Ventures Raises $18 Million to Fund European Metaverse Startups

FOV Ventures is a newly formed venture capital firm which plans to invest in early-stage metaverse startups. The firm says it has raised an...

‘Township Tale’ Studio Raises $12.4 Million to Expand Studio & Development

Australia-based Studio Alta, the developer behind A Township Tale, today announced it has raised a $12.4 million seed investment to expand its studio and accelerate...

Epic Games Awarded Grants to 31 XR Projects in 2021 Through the $100M MegaGrants...

Since 2019 Epic Games (well known as the creators of Unreal Engine & Fortnite) has run the Epic MegaGrants program, a $100 million fund to...

AmazeVR Secures $15M to Bring Immersive Concerts to VR

AmazeVR, a Los Angeles-based company creating on-demand VR video, has raised $15 million in funding to refocus its efforts to create VR concerts. The...

Avatar Creation Tool ‘Ready Player Me’ Raises $13M to Provide Metaverse-wide Avatars

Wolf3D, the Estonian startup behind web-based avatar creator Ready Player Me, has closed a $13 million funding round. The company says it will use the...

Dent Reality Raises $3.4M to Bring AR Turn-by-turn Directions into Retail

Dent Reality, the UK-based augmented reality startup, announced it's secured £2.5m (~$3.4m) in funding, something the company plans to use to further its efforts...

Resolution Games Acquires Studio Behind ‘Carly and the Reaperman’ Quest Port

Resolution Games, a leading developer of XR content, has acquired Zero Index, the studio which helped bring Odd Raven Studios' VR co-op game Carly and...

Niantic Raises $300M Investment at $9 Billion Valuation to build “real-world metaverse”

Niantic, the company behind Pokémon GO, today announced it has raised a $300 million Series D investment which values the company at $9 billion. Beyond...
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