VR Investment

VR Investment

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...

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...

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...

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...

Social VR Startup Raises $57 Million Investment Led by Major Japanese Mobile Network

Japanese social VR startup HIKKY announced today that it has raised ¥6.5 billion (~$57 million), led by Japanese mobile network operator NTT Docomo. The...

Sandbox VR Announces $37M Series B Funding to Expand Out-of-home VR Locations

Out-of-home VR destination Sandbox VR today announced an additional $37 million funding round that the company is using to support its continued expansion. In addition...

Promising VR MMO ‘Zenith: The Last City’ Just Got a Huge Boost With $10...

Ramen VR, the studio behind the upcoming VR MMO Zenith: The Last City announced today that it has raised $10 million in venture capital. The game...

XR Training & Gaming Startup Touts $5.2M Investment and Lamar Jackson Partnership

XR startup StatusPRO has announced it has raised a $5.2 million seed investment. While the company hasn't fully revealed its product, it says it's...
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