VR Investment

VR Investment

Immersive Social Platform ‘VRChat’ Raises $10 Million in Venture Capital

VRChat announced today that it has closed a $10 million Series C investment to continue expanding its immersive social platform which is steeped in...

Light Field Lab Secures $28 Million to Develop Holographic Displays

Light Field Lab, known for its advancements in light-field display technology, successfully completed a Series A funding round, scoring the firm over $28 million...

Studio Behind Social VR App ‘Rec Room’ Raises $24 Million in Funding

Against Gravity, the studio behind the popular social VR game Rec Room, has raised an addition $24 million in venture capital across two investment rounds. Speaking...

‘BoxVR’ Developer Raises $1.25 Million to Expand VR Fitness Focus

FitXR, the studio behind BoxVR (2017), today announced that it has raised a $1.25 million seed investment led by Boost VC. BoxVR is a fitness focused...

BigBox VR Secures $5M Financing to Further Develop VR Battle Royale ‘POPULATION: ONE’

BigBox VR, the VR studio behind the critically-acclaimed multiplayer shooter Smashbox Arena (2016), today announced that it has secured $5 million in a seed funding...

China’s Jiangxi Province Promises to Invest $460 Million in AR/VR

Aiming to become a hub for AR and VR development, the government of China's Jiangxi province says it plans to raise funds totalling $460...
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Spatial Raises $8 Million Seed Investment for AR/VR Collaboration Platform

After two years in stealth, Spatial today announced an $8 million seed investment to build out its AR/VR collaboration platform. Spatial is building an immersive...

Varjo Raises $31 Million to Further Develop ‘Bionic Display’ Headset

Finland-based headset maker Varjo has announced it has raised a $31 million Series B investment to continue the development of its novel 'Bionic Display'...

STRIVR Secures $16M Series A Financing to Expand Enterprise VR Training

STRIVR, the immersive VR training company, announced a $16 million round of financing led by GreatPoint Ventures (GPV) that is said to advance the...

Early VR Pioneer CCP Games Acquired by ‘Black Desert Online’ MMO Developer for $425M

CCP Games, an Icelandic game studio known for the long running EVE: Online MMO and their eager jump into and eventual backpedaling in the...

Pico Raises $24M Series A Funding, Goblin 2 Standalone Headset Announced

Pico Interactive, the Beijing-based standalone VR headset manufacturer, successfully completed a ¥167.5 million RMB (~$24.7 million) Series A funding round. To accompany the news,...

Supermedium Raises $1.1M Seed Funding to Further Develop Web-based VR

Supermedium, the team behind the eponymous VR web browser released earlier this year, recently raised a seed investment round of $1.1 million. As reported by Tech...

Facebook Spent Over $88M This Year on Oculus’ Seattle Area Satellite HQ

Oculus has been on quite the hiring spree as of late, with over a hundred positions currently advertised on the company's career website aimed...

Penrose Studios Raises Another $10 Million for VR Animation and Storytelling

Having announced an $8.5 million seed investment back in March 2016, VR animation firm Penrose Studios is adding another $10 million to the pile...

‘Waltz of the Wizard’ Studio Aldin Raises $1M to Fuse VR & AI in...

VR veterans Aldin, the indie studio behind Waltz of the Wizard and other early and innovative VR titles, has announced the closure of a $1...
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