‘Zenith: The Last City’ Studio Closes $35M Series B, Aims to Create Metaverse Platform
Ramen VR, the creators behind crowd-funded VR MMORPG Zenith: The Last City, announced it's closed a Series B round of…
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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…
Qualcomm Launches $100M Fund to Help Build the Metaverse
Qualcomm, the company known for its mobile Snapdragon processors for smartphones and XR headsets, announced a new Metaverse Fund. The…
HTC’s Vision of the Metaverse is Heavy on Buzzwords, Light on Substance
HTC released a video showing off its vision of the metaverse, a reflection of what the company thinks virtual spaces…
Meta Visually Unifies Avatars Across Quest, Facebook & Instagram in Metaverse Push
Meta released its new Quest avatar system last year, bringing a big upgrade over the previous in terms of expressiveness…
Microsoft Acquires Activision Blizzard for $69B to Play “key role” in Metaverse Development
Microsoft announced it's planning to acquire Activision Blizzard for $68.7 billion, making it the largest gaming acquisition to date. Microsoft…
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…
Meta’s First Big Proto-metaverse Project Finally Launches (kinda)
Nearly two and a half years in the making, Meta's most ambitious social VR project, Horizon Worlds, has finally reached open…
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…
Report: Meta is Considering Physical Stores to Sell Its Vision of the Metaverse
Meta (formerly Facebook) is not only building its next generation of AR and VR headsets, but it's looking to jumpstart a…
Niantic Kickstarts Its AR Metaverse with Release of Lightship SDK and $20M Developer Fund
At a special launch event today, Niantic announced it's opening up the Lightship AR Development Kit (ARDK) platform, a software development kit…
Unpacking Connect 2021 – What it Means for the Metaverse of the Future
We're just one week past the Connect 2021 event where Meta (formerly Facebook) laid out its grand vision for both…
Microsoft’s Metaverse Ambitions Grow as Teams Platform to Include 3D Avatars & Immersive XR Meetings
Microsoft is making a strong bid to bolster its version of the metaverse as it looks to roll out 3D avatars…
Facebook’s Metaverse Takes a Baby Step with Customizable ‘Horizon Workrooms’ Environments
Facebook launched Horizon Workrooms back in summer, bringing to Quest a new enterprise-focused virtual collaboration platform that connects both VR and…
Facebook Plans 10,000 Job Hiring Spree in Race to Lead the Metaverse
Facebook, which already employs some 60,000 people, announced a massive expansion of its workforce in an effort to get a…