XR Industry News
The latest news on the XR industry. Covering AR, VR, MR, spatial computing, and the most important companies and platforms in the field.
Nearly $700 Million Invested in AR/VR in 2015
According to a recent report by Digi-Capital, investors have injected some pretty big bucks into companies focusing on augmented and virtual reality lately. A total of $686 million in 2015 alone. The most interesting bit: they aren't counting Magic Leap.
Digi-Capital,...
VR Developer Ecosystem is “Energetic” But “Fragile”, New Industry Report Suggests
The advent of consumer virtual reality seems to have reignited the fire in independent developers. But, although many are rushing headlong into VR content creation, just how sustainable is the ecosystem they're about to enter? In a preview of...
Watch Halo Played on Microsoft HoloLens in Augmented Reality
This is a video of Microsoft project manager Varun Mani, streaming a game of Halo: Guardians to his HoloLens, presented through the magic of augmented reality, straight onto his walls.
Microsoft's augmented reality wonder-toy HoloLens has flirted with the idea of becoming...
Take a Whirlwind Tour of VR/AR at CES 2015 in 6 Minutes (video)
The movement of virtual and augmented reality from niche industrial and enthusiast technology to something the world is talking about really was palpable at CES this year. Here's a 6 minute video tour of the world's biggest technology event...
2016 VR Industry Report: Everything You Need to Know in One Place
Greenlight VR’s second industry report is co-authored with leading VR news site, Road to VR, and provides industry forecasts, analysis, and best practices.
SAN FRANCISCO, CA, January 15, 2016 – Greenlight VR and Road to VR today unveil plans to...
Battlezone PSVR Dev Diary #3: The Art of Battlezone
In our final developer diary from the team behind Rebellion's PlayStation VR launch title Battlezone, Lead Artist on Sun He reflects on how they developed and executed on the artistic ethos behind the game.
As an art team beginning work...
Epic Games Offering up Cash from $5 Million Fund to ‘Anyone Making Cool Things with UE4’
Epic Games is offering developers a "no strings attached" piece of their recently established development fund, a financial grant pool that tops out at $5,000,000 worth of cash. The funds are earmarked for projects with working prototypes, that are...
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,...
Why Re-Create ‘Dance Dance Revolution’ for the Oculus Rift? This Developer Explains
Ever wondered if Dance Dance Revolution would work in VR? Ever wondered why anyone would even try? Well, developer Corey Drake did it and we wanted to know why and how, so we asked him.
Dance Dance Revolution from Konami was,...
Valve VR Frontman Chet Faliszek Departs Company After 12 Years
Though there's surely many talents folks at Valve responsible for the company's VR initiatives, over the last several years Chet Faliszek has become a front-facing evangelist and go-to spokesperson for VR at Valve. Now after 12 years with the company,...
HoloLens App Envisions Immersive Future for Architecture and Construction
Microsoft has recently released a video showing some of the architectural applications of HoloLens, the company's untethered AR headset. The prototype app shows the device's ability to improve communication between industry professionals through the use of immersive 3D models.
Trimble, a company focused...
META Raises $50M in Funding to Accelerate “Groundbreaking” AR Tech
On Monday, Meta, the company building AR HMDs that allow the wearer to manipulate holographic objects within the wearer’s visual field and the headset’s field of view (90 degrees, in the Meta II), among other things, announced that it's...
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...
Industrial Light & Magic’s New Division to Create Immersive Star Wars Experiences
Industrial Light & Magic, the visual effects company founded by George Lucas, have announced a new project group called ILMxLAB, an internal research group that focuses on "all manner of immersive entertainment."
ILMvLAB aims to develop a number of immersive media projects, including...
How to Bet on VR in 2016
When it comes to the virtual reality industry today, the way people are looking at VR is very natural, but also very wrong. While we all incessantly talk and freak out about experiences like flying over the grand canyon...



















