Investment

High Fidelity Raises $35M Series D Financing to Further Develop Social Platform & Blockchain...

High Fidelity, the social VR platform founded by Second Life founder Philip Rosedale, today announced it's successfully closed a $35 million Series D financing round. The company says it's using...

Beyeonics Raises $11.5M to Further Develop AR/VR Surgical Visualization Platform

Elbit Systems, an Israel-based defense company, recently announced that its medical technologies subsidiary Beyeonics Surgical successfully concluded its first funding round of $11.5 million,...

InstaVR Raises $5M Series B to Further Grow Its Enterprise VR Authoring Platform

InstaVR, a VR authoring, publishing, and analysis company, announced it has successfully closed a Series B financing round, which the company says will help...

Continental Increases Stake in Waveguide Display Company DigiLens, Raising $25M Series C

Continental, a leading German automotive manufacturing company, is increasing its investment in Silicon Valley-based waveguide company DigiLens, bringing a $25 million Series C financing round to...

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...
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