Pico Interactive, the Beijing-based VR headset creator, announced it has secured a fresh funding round of ¥242 million RMB (~$37 million), something the company says will help launch new hardware. Update (March 11th, 2021): Pico has provided Road to VR...

Japan-based Psychic VR Lab has announced the close of an $8.5 million investment to grow its cloud-based XR development platform, STYLY. Psychic VR Lab is the company behind STYLY, a browser-based tool which allows creators to easily build cross-platform 3D...

Vertigo Games, the studio behind Arizona Sunshine (2017) and upcoming VR shooter After the Fall, today announced that it has acquired SpringboardVR, creators of the eponymous location-based VR content distribution platform. The acquisition amount was undisclosed, however the move is slated...

Kuato Studios, a UK-based creator of educational games, announced it has raised £4.5M (~$6.1M USD) as the company takes a stride into virtual reality gaming for the first time. Led by Hong Kong venture capital firm Horizons Ventures, the company says...

A new VR studio founded by a pair of Zynga veterans has emerged from stealth with some not-so-inconsequential funding. Called ForeVR, the studio recently revealed it's also raised $1.5 million to build VR games for all ages. The news was...

Munich, Germany-based AR/VR software company Arthur Technologies today announced it's successful raised $2.5 million in seed funding. The company is also launching a beta of its VR collaboration software, Arthur. The seed round was led by Silicon Valley venture capitalist...

Switzerland-based CREAL is developing a light-field display which it hopes to bring to VR headsets and eventually AR glasses. In November the company raised CHF 6.5 million (~$7.2 million) in a Series A+ investment round to bring on new...

Tilt Five, the startup behind the eponymous AR headset for tabletop gaming, today announced it has secured $7.5 million in Series A funding. The funding round was led by SIP Global Partners with participation from BITKRAFT Ventures, Galaxy Interactive, and...

Immerse, a language learning startup focusing on teaching English in VR, has secured a $1.5 million Series A investment, something the company says will allow them to both expand the current product to Oculus Quest 2, and set up...

Pimax, the Chinese startup building wide field of view (FOV) virtual reality headsets, has secured $20 million in Series B financing. Shortly after completing its successful Kickstarter campaign in late 2017, which garnered the company $4.2 million in crowdfunding to produce...

Veteran VR studio Coatsink, currently in development of Jurassic World Aftermath,  has been acquired for $30 million by game publisher Thunderful. Coatsink is a British game studio and publisher founded in 2009. Though the studio doesn't deal exclusively in VR games, about...

Thirdverse, the Tokyo-based VR game studio behind Swords of Gargantua (2019) and upcoming shooter Frostpoint VR: Proving Grounds, announced that it's secured $8.5 million in funding, something the company says will allow them to grow and make more VR games. The Series...

Survios, the studio behind VR titles The Walking Dead: Onslaught (2020), Creed: Rise to Glory (2018), and Raw Data (2017), has secured another round of financing to the tune of $16.7 million. The news was first reported by Venture Beat. Survios' latest...

SideQuest is an unofficial app store for Facebook's Oculus Quest headset which offers an avenue for developers to distribute apps without being subject to Oculus' approval process. The team behind the project has raised $650,000 in seed investment, including...

Osso VR today announced it has raised $14 million in Series A funding to further develop its VR surgical training platform. The financing round was led by Kaiser Permanente Ventures, with participation from SignalFire, GSR, Scrum Ventures, Leslie Ventures and OCA...