Investment
Pimax Secures $30M Series C1 Funding to Expand & Support Rollout of Crystal &...
Pimax, the China-based creator known for its wide field of view (FOV) VR headsets, announced it's secured a $30 million series C1 financing round,...
VR Education Startup Raises $12.5M to Teach Math and More Using VR in Schools
Prisms VR, an immersive platform for teaching math, announced it's raised $12.5 million in a Series A round, which the company says will be...
VR Training Company Gemba Secures $18M Series A to Expand Enterprise Metaverse
Gemba, the corporate VR learning platform, announced it's closed an $18 million Series A funding round, which the company says will be used to...
Saudi Arabia Gains Majority Stake in Magic Leap in $450M Deal
Saudi Arabia has taken majority share of the US-based augmented reality company Magic Leap, The Telegraph reports, widening the stake via its state-owned sovereign wealth fund with a...
‘Swords of Gargantua’ Studio Thirdverse Secures $15M, Aims to Bring Latest Titles to PSVR...
Japanese VR studio Thirdverse today revealed it's raised $15 million, something the Swords of Gargantua developer says will be used to expand global recruitment...
Google Ventures Invests $12M in SideQuest to Create Main Content Hub for XR Ecosystem
SideQuest, the sideloading software and unofficial app store for Meta's Quest and Quest 2, announced it completed a $12 million Series A investment, this...
High-end Haptic VR Glove Company HaptX Raises $23 Million Investment
HaptX, which makes-enterprise focused haptic VR gloves, has announced the closure of a $23 million investment. The company says it will use the cash...
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...
‘Zombieland: Headshot Fever’ Studio Raises $7M to Continue Development on XR Games
XR Games, the indie VR studio behind Zombieland: Headshot Fever (2021), announced it's secured $7 million (£5.9m), something the studio says will used to grow both...
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...
