Investment
Pixvana Raises $14M Series A Investment for Cloud-based VR Video Platform
Pixvana, a Seattle-based startup creating a cloud-based processing and delivery platform for VR video, today announced a $14 million Series A funding round led by Vulcan Capital with participation from Raine Ventures, Microsoft Ventures, Cisco Investments and Hearst Ventures,...
‘Rec Room’ Studio Raises $5M “to continue to build the future of Social VR”
Seattle-based VR studio Against Gravity has today announced they have received $5M in seed funding to continue to build Rec Room, the studio's social VR platform.
Only launching last summer, the app has quickly become a success story, winning over fans on both Steam and Oculus Home with...
AR Optics Company Lumus Secures Further $30M in Funding
Lumus Ltd. recently confirmed a $30 million funding round led by Quanta and HTC. Lumus is a leading provider and developer of augmented reality technology.
Following from the $15 million funding led by Shanda Group and Crystal-Optech in June, Lumus...
Baobab Studios Raises $25 Million in New Funding Round
There isn't a studio that can claim to be 'The Pixar of VR' just yet, but many heavy hitters in traditional media and tech are taking notice of the growth potential of animated films in VR, and specifically in Baobab Studios,...
Comcast, Samsung, and HTC Join $6 Million Investment in VR Animation Studio ‘Baobab’
On the hunt for 'the Pixar of VR' a cast of big names have joined for a $6 million series A investment in virtual reality animation studio Baobab.
Baobab Studios today announced a series A funding round led by Comcast Ventures,...
NextVR Raises $30.5M to Accelerate Broadcast VR Development
NextVR, the company known for live-broadcasting immersive video such as last month's Gear VR-accessible Democratic debate, announced recently a $30.5 million Series A funding round with investments by some big names in traditional media.
VR is changing the consumption of...
Littlstar Joins Disney Accelerator, Apps Coming Soon to Rift, Morpheus, and Vive
Disney has added Littlestar, the "VR Cinema Network," to its accelerator program. Joining the media conglomerate’s tech accelerator will give the startup access to Disney’s considerable resources and a chance to garner more investment from industry players down the...
AR Glasses Company CastAR Lands $15 Million Investment Led by Android Co-founder’s Firm
CastAR (formerly Technical Illusions) today announced a $15 million Series A fundraising round to continue development of their augmented reality glasses of the same name. The company previously raised just over $1 million on Kickstarter in late 2013.
The CastAR...
Intel Makes Multimillion Dollar Investment in VR Enterprise Developer WorldViz
Today WorldViz has announced that it received a "multimillion" dollar Series A investment from Intel Capital, the investment arm of the famed chip manufacturer. The company wouldn't specify the exact amount, but says that the money will be used...
Following $23 Million Series A, Meta 1 Developer Kit Hackathon to Be Held March 6
On the tail end of this year's GDC, Meta will be hosting their very first 24-hour AR hackathon centered around their Meta 1 Developer Kit, a crowdfunded augmented reality headset that is now shipping out to backers. The event comes after...
Rothenberg Ventures ‘River’ VR Accelerator Ups Ante to $1.3 Million, Announces Seed Investments in 13 Startups
Last month, Rothenberg Ventures launched 'River', an accelerator through which they committed to investing $100,000 in 10 seed-stage virtual reality startups. Today the company has announced that its decided to bump the inaugural class count up to 13, totalling...
Magic Leap Closes $542m Series B Investment, Now Soliciting Developers for Its “Digital Lightfield” Wearable
According to a press release revealed today, Magic Leap has closed a $524 million Series B funding round led by Google; the deal had been rumored as of last week. Magic Leap, which has been in stealth since its inception, is...
