News
Genies Secures $150M Series C to Expand Development on Metaverse Avatars
Genies, a 3D avatar company, announced it's raised a $150 million Series C investment, something it says will be used to hire more engineering talent and continue development on its non-fungible token (NFT) based "avatar universe."
The round was led by...
Virtual Social Platform ‘Rec Room’ Hits 3 Million Monthly Active VR Users
Rec Room, a social VR game which also supports non-VR devices like PC, console, and mobile phones, has reached an impressive 3 million monthly active VR users, which the company says is just a fraction of its total monthly...
‘Pokémon Go’ Studio’s New Game, ‘Peridot’, Leans Further into AR Gameplay
'Pokémon Go' studio Niantic announced Peridot today, its latest game which the company says leans further into AR than prior projects.
When developer Niantic launched Pokémon Go back in 2016, many heralded it as 'the first major augmented reality game'. But...
Meta Plans to Take Nearly 50% of Creator’s Earnings in ‘Horizon Worlds’
This week Meta announced that it was beginning to test selling tools so that creators can sell things inside of Horizon Worlds and earn real money. Now the company has offered up more detail about how that will work, including the...
Report: Meta Quest 2 Pro Said to Feature Higher-Res Mini-LED & Pancake Lenses, Arriving in 2022
Tech analyst Ming-Chi Kuo is known for making predictions based on Apple supply chain leaks, but this time Kuo alleges Meta is getting ready to release a 'Pro' branded follow-up to its most popular VR headset to date, Quest...
Meta Begins Testing Selling Tools in ‘Horizon Worlds’ With the Long Term Goal of Enabling People...
Meta announced today it is enabling new in-world monetization tools for a "handful" of creators in Horizon Worlds. The tools will allow them to sell access to items and experiences inside of the app. Eventually, Meta says, it hopes...
Meta: 124 Quest Apps Have Earned More Than $1M, 8 Have Earned More Than $20M
At GDC last month, Meta shared the clearest look yet at the number of apps reaching various revenue milestones on the Quest platform. So far, 124 apps have earned $1 million in revenue or more, while 8 have exceeded...
‘TO THE TOP’ Studio Reveal Sequel ‘SUPER KIT’, Coming to PSVR in 2022
Electric Hat Games, the studio behind VR platforming pioneer TO THE TOP (2017), announced they have a sequel in the works called Super Kit: To The Top.
Update (April 12th, 2022): Electric Hat Games tells Road to VR that its sequel, Super...
Quest ‘Invite Links’ Are the Easiest Way to Invite Friends to VR, But Few Seem to...
Last year Meta added the ability to send simple invite links to your friends which would bring you together into the same place in VR. It's a great way to easily join up with friends in VR, but it...
Unofficial Render Purports to Show Production Model of Meta’s Next-gen Headset, Project Cambria
YouTuber SadlyItsBradley claims to have seen actual photos of the production model of Meta's next-gen mixed reality headset, Project Cambria. Though they aren't sharing the source photos, they worked with a 3D modeler to create a detailed rendering of...
Long-Time Oculus Exclusive ‘Lucky’s Tale’ Finally Releases on PSVR
Lucky's Tale (2016), the plucky little 3D platformer that launched on Rift back in 2016, has finally made its way to PlayStation VR.It's been a long road for Lucky's Tale. After being remastered for Quest 2 in November 2021,...
Meta Cancels F8 Developer Conference This Year to “build the metaverse”
Meta is again cancelling its F8 developer conference this year. Meta skipped F8 in 2020 and 2021 explicitly due to the COVID-19 pandemic, however this year the company says it's taking a pause to work on the metaverse.
"Similar to years...
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 valuation.
DigiLens is one of several companies building waveguide optics and positioning them for use in XR....
Quest Home Spaces Get Node-base Movement, a First Step Toward Upcoming Social Features
Last year Meta announced that it would finally be bring social features to the Quest home environments, allowing users to easily get together in the same virtual space. We aren't there yet, but the company has taken a first...
Epic Releases Unreal Engine 5 But Its Headlining Features Aren’t Ready for VR
This week Epic Games released the latest version of its next-gen game engine, Unreal Engine 5. Though the new version brings improvements in many areas, its most notable features are Lumen (global illumination) and Nanite (micro-polygon geometry), which could...



















