AR Investment
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...
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...
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...
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...
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...
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...
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...
Leading Hand-tracking Company Ultraleap Raises $82 Million Investment
Ultraleap, a leading company focused on hand-tracking interfaces, this week announced it has secured a £60 million (~$82 million) Series D investment, with the goal...
CEO Shares First Details on Magic Leap 2, Announces $500 Million in New Funding
Magic Leap today announced that it has raised $500 million in new capital at a $2 billion valuation. This comes ahead of the launch...
AR Glasses Creator Nreal Secures $100M Series C Financing to Expand Internationally
Chinese AR glasses startup Nreal announced it's raised a fresh $100 million Series C financing round, something it says will be used for R&D...
Resolution Games Secures $25M Series C Funding, ‘Demeo’ Surpasses “multi-million dollars” in Revenue
Resolution Games, the studio behind popular multiplayer VR titles Demeo (2021) and Blaston (2020), today announced it has secured a Series C funding round...
AR Software Startup Multinarity Emerges from Stealth with $28M Seed Round
Multinarity, an Israel-based startup working on AR software, announced it's raised $28 million in the company's initial seed round. As reported in an exclusive...
Red 6 Raises $30 Million for In-flight Military AR Training Platform
Red 6, a company building an aircraft platform with augmented reality capabilities designed for military training, says it has raised a $30 million Series...
