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.

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.

Zero Latency Raises $7 Million for Expansion of ‘Warehouse Scale’ VR Tech

Melbourne-based firm Zero Latency has raised $7 million in venture funding. The company specialises in out-of-home ‘warehouse scale’ local multiplayer VR experiences, and is beginning to open attractions around the world. Consumer VR headsets are optimised for use in a...
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TouchSense Force Plugin Aims to Help VR Game Devs Make Better Haptics, Faster

Founded in 1993, Immersion Corp. designs and licenses haptic technology that's come to be used in gamepads you're well familiar with. Now the company is developing a new haptic programming system which aims to help game developers make better...
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‘Freedom Locomotion System’ is a Comprehensive Package for VR Movement

Moving around comfortably and immersively in VR remains a hurdle for VR game developers. VR studio Huge Robot has created the Freedom Locomotion System which brings together a number of VR movement systems into a comprehensive and functional package which allows for...

‘River’ VR Accelerator Startups Showcased at Founder Field Day (part 1)

The first class of Rothenberg Ventures' 'River' VR accelerator have graduated. Thirteen companies, in which Rothenberg invested a combined $1.3 million, showed off their latest work at the company's annual Founder Field Day event. Road to VR was on the...

Investing in Exponential Technologies with Andreessen Horowitz: VR, AI, & Drones

Kyle Russell is on the deal & research team for venture capital firm Andreessen Horowitz (aka A16z) where he's focusing on investing in technologies ranging from virtual & augmented reality, artificial intelligence, drones, and other exponential technologies like quantum computing....

Making Valve’s OpenVR Truly Inclusive for VR Headsets

With multiple proprietary VR systems on their way to retail, development fragmentation in the VR market has recently become a hot topic in the VR community. In this guest article, a veteran developer who goes by the name of...

NextVR Raises $5 Million for Live VR Broadcast Tech, Content to Come Pre-loaded on Samsung Gear...

NextVR, formerly Next3D, have announced a $5 million funding round designed to grow the company and develop their virtual reality live-broadcast technology. The company has been working with Samsung on Gear VR since before the reveal, and its stereoscopic...

Rothenberg Ventures Doubles Down: Committing Another $1 Million to Funding AR/VR Startups

Rothenberg Ventures, the San Francisco based VC firm behind the 'River' VR accelerator is opening their doors for a second class of VR startups. The company seeks to invest another $1 million across 10 companies after a successful inaugural...

HTC Invests in 33 More AR/VR Startups Through Vive X Accelerator

HTC's Vive X accelerator is a $100 million fund for AR/VR companies that the company announced last year. Today HTC is revealing the second batch of companies that will receive investments and mentorship from the program. 33 seems to be...

ZeniMax v. Oculus Lawsuit Awards $500M to Plaintiff, Verdict Detailed in Court Documents

While it wasn't the $4 billion slam dunk ZeniMax was hoping for, a Dallas, TX jury today awarded $500 million to ZeniMax after finding that Oculus founder Palmer Luckey had breached nondisclosure agreements. However, Oculus was not found to...
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‘Lone Echo’ Developer Shows Impressive Procedural Hand-posing System for VR

Lone Echo, Ready At Dawn’s upcoming space-based VR game, employs a physics-based movement system where the player pushes and pulls themselves around a zero-gravity environment. A video presented at GDC highlights their procedural animation system that allows for convincing...

Reportedly on the Verge of a $500m Investment, Here’s What We Know About Magic Leap

Earlier this week, Recode reported that Google is "set to lead a huge investment in Magic Leap." The article cites "sources" which say that Google could be leading a $500 million funding round for the company, possibly including capital...

Sensics CEO Yuval Boger: The Dual-Element Optics of the OSVR HDK Headset

Announced last month at CES 2015, the Open Source Virtual Reality (OSVR) project encompasses a $199 'hacker development kit' (HDK) VR headset, and an SDK designed to interoperate with a range of headsets, peripherals, and game engines. Both facets...

Crytek-Incubated ‘VR First’ Program to Double Number of Academic VR/AR Labs in 2017

VR First, the global initiative to seed academic institutions with VR/AR hardware and software, today announced that it's nearly doubling the number of its VR labs in universities and science parks across the globe by the end of 2017. With currently 26...

HTC Vive Developer Edition Signups Now Open, Free for Selected Devs but Not for Sale

Apparently on their way to making good on the promise of the HTC Vive Developer Edition being available this Spring, Valve has opened the developer signup form for interested parties to throw their name into the hat. Valve will be...
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