AR Investment

AR Investment

Scope AR Secures $9.7M Series A to Develop AR Training & Remote Assistance Tools

Scope AR, the enterprise-focused AR studio, today announced it has successfully closed a $9.7 million Series A funding round to further develop it cross-platform AR work training and on-site instruction tools. The company's Series A was led by Romulus Capital,...

Scape Raises $8M for Visual Positioning System Which Could be a Key Component of the AR...

Scape Technologies announced last week that it has raised an $8 million seed investment for a visual positioning system that it says can provide centimeter-accurate location data at city-scale. Such a system could be a key component in enabling...

‘Pokémon GO’ Studio Niantic Raises $190M Series C Financing

Niantic, the company behind the hit location-based mobile game Pokémon GO, have closed a $190.6 million Series C financing round, bringing the company's overall funding to more than $415 million to date. As first reported by Tech Crunch, documents filed with the...

WaveOptics Raises $26 Million to Expand AR Optics Supply Chain

WaveOptics, a manufacturer of diffractive waveguide optics for AR displays, today announced it has raised a $25 million Series C investment which will be used to continue building a large volume supply chain for the company's optics. UK-based WaveOptics said...

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 million to be invested into AR and VR companies. Last week the first ever World Conference...
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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 workspace that allows multiple users to connect through AR and VR headsets, as well as...

Jaunt Acquires Personify’s Volumetric Capture Tech & Talent to Build Out XR Platform

Jaunt was once a cinematic VR company which produced high-quality 360 video, and to boot even a professional-grade 360 camera dubbed NEO. Taking a step in a decidedly more AR direction with its recently revealed volumetric video capture solution, Jaunt...

Meta Forced to Furlough After Chinese Lead Backs Out of New Investment

Meta, makers of an AR headset dev kit, was close to raising a new round of funding before a Chinese lead investor backed out, Bloomberg reports. The Chinese investment firm had reportedly put up $20 million for the deal....

Avegant Raises $12M Financing to Further Develop AR Display Tech

Avegant, the AR display company known for its Glyph head-mounted display, announced that the company has successfully closed a $12M Series AA financing, which will allow them to further develop their light field technologies and "high resolution, low latency,...

Ubiquity6 Raises $27M Series B, Debuts Its First Public Multiuser AR Experience at SFMOMA

Ubiquity6, the AR startup that came out of stealth earlier this year, announced the successful completion of a $27 million Series B finance round. The latest round was co-led by Benchmark and Index Ventures, with Benchmark taking a seat...

Niantic Acquires Seismic to Help Create AR Games & Upcoming AR Platform

Seismic Games, the studio behind Google Daydream's Blade Runner: Revelations (2018), has been acquired by Niantic, the force behind popular location-based games Pokémon GO, Ingress, and the upcoming Harry Potter: Wizards Unite. Seismic Games released the news via a blog post, saying that from now...

Beyeonics Raises $11.5M to Further Develop AR/VR Surgical Visualization Platform

Elbit Systems, an Israel-based defense company, recently announced that its medical technologies subsidiary Beyeonics Surgical successfully concluded its first funding round of $11.5 million, which the company says will be used to expand product development and accelerate commercialization of its...

Magic Leap Raises $461M in New Funding Led by Saudi Arabia’s Investment Arm

Magic Leap, the augmented reality headset manufacturer, has added another couple hundred million dollars to its Series D investment round, this time $461 million led by The Public Investment Fund, Saudi Arabia’s sovereign investment arm, Tech Crunch reports. According to the...

Virtualitics Closes $7M Series B Round to Further Develop VR/AR Data Visualization Platform

Virtualitics, a big data visualization and analytics company, announced the successful close of a $7 million Series B round of equity funding led by investment group Centricus, and participated by existing investor the Venture Reality Fund (‘The VR Fund’) and...

Gree VR Capital Completes First $18M VR/AR Fund, Changes Name to GFR Fund

GREE VR Capital, the investment firm backing startups such as VRChat, TheWaveVR, and Littlstar, today announced the completion of its first immersive media fund, totaling $18.3 million in allocated funds. Previously called GVR Fund, the company is now changing its name...
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