Investment

Investment

Glue Collaboration Raises $3.85M Financing to Further Develop Business-focused Social VR Platform

Glue Collaboration, a Helsinki-based company developing remote collaboration tools for AR/VR, today announced that it has completed a new seed round of financing, raising...

Sandbox VR Raises $11M Investment from Will Smith, Justin Timberlake, Katy Perry & More

Sandbox VR, the location-based VR attraction, announced an additional $11 million in funding from some of the biggest household names in entertainment and investment. Sandbox...

Backed by $4.4M in Funding, Devs Behind ‘Job Simulator’ & ‘Fantastic Contraption’ Announce New...

Developers behind critically acclaimed VR games Job Simulator (2016) and Fantastic Contraption (2016) today announced they're founding a new studio dubbed Absurd Joy. To give them a big...

VR Fitness Startup YUR Secures $1.1M Investment, Releases Calorie-counting Software for Quest

YUR, a VR fitness company, today announced it's secured $1.1 million in pre-seed funding, something the company says will help them to further use...

Waveguide Maker DigiLens Closes $50 Million Series C Investment

DigiLens, a creator of waveguide optics and related manufacturing technology today announced the closure of a $50 million Series C investment, adding UDC Ventures...

WiGig Chip Company Peraso Technologies Closes $42M Financing Round

Peraso Technologies, a fabless semiconductor company creating mmWave technology and Wireless Gigabit (WiGig) chipsets, announced that it has raised an additional $42 million in...

Jaunt Acquires Personify’s Volumetric Capture Tech & Talent to Build Out XR Platform

Jaunt was once a cinematic VR company which produced high-quality 360 video, and to boot even a professional-grade 360 camera dubbed NEO. Taking a...

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...

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...
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