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.
Roto VR Raises $3M to Broaden Market Reach of Rotating VR Chair Accessory
Roto VR, the UK-based creator behind 360-degree VR chairs, announced a new funding round of £2.4 million (~$3 million) which the company says will be used to fulfill demand of its recently launched Roto VR Explorer chair.
Led by Pembroke...
Leaked Zuckerberg Email Reveals Facebook’s XR Strategy, ‘Our goal is not only to win, but to...
An internal email sent by Facebook CEO Mark Zuckerberg to senior executives offers a glimpse into the strategic thinking behind the company's feet-first leap into XR following the 2014 acquisition of Oculus.
Update (February 14th, 2019): Sources tell Road to VR...
Leaked VR Controllers From Valve Revive Hope for a Next-gen ‘Deckard’ VR Headset
Leaked 3D models hidden in a recent SteamVR update appear to show off a new VR motion controller, sparking renewed hope that Valve is gearing up to release its long-rumored 'Deckard' VR standalone headset.
As reported by tech analyst and YouTuber Brad...
Valve Takes ‘Onward’ Developer Under its Wing
VR exclusive online military simulator Onward has been wowing room-scale VR audiences since its inception and now lone developer Dante Buckley has been invited to continue development under gaming giant Valve's roof, at least for a short time.
One of...
MindMaze Raises $100 Million with $1B Valuation for “Neural Virtual Reality Platform”
MindMaze today announced closing a $100 million seed investment led by Hinduja Group which company says values them in excess of $1 billion.
MindMaze is creating what they call a "neural virtual reality platform," an extension of products the company has created for...
Virtual Social Platform ‘Rec Room’ Hits 3 Million Monthly Active VR Users
Rec Room, a social VR game which also supports non-VR devices like PC, console, and mobile phones, has reached an impressive 3 million monthly active VR users, which the company says is just a fraction of its total monthly...
Leaked Xbox Documents Show XR Interest But No Immediate Plans
Leaked documents relating to Microsoft's business strategy for Xbox show the company eyeing XR technology but continuing to keep it at arm's length.
While Microsoft has previously taken considerable steps into XR with both HoloLens and the Windows Mixed Reality...
Report Predicts AR and VR Headset Shipments to Approach 100 Million by 2021
In a new report from IDC (International Data Corporation), the market research firm predicts a near 10 fold increase in the shipments of augmented and virtual reality headsets in the next 4 years, bolstered by a plethora of new...
‘Roblox’ Launches on Quest Store, Casting a Shadow on Meta’s Own Social VR Platform
One of the biggest names in social gaming is now officially on the official Quest Store, launching out of App Lab starting today. Roblox is home to tens of millions of daily users and user-generated experiences, casting a clear shadow on...
VR on the Open Web with A-Frame and WebVR
Is VR on the open web going to provide a good enough experience as to be a viable distribution platform for certain VR content? That's the big question that people have been asking for the past couple of years,...
Google Releases Updated Preview of Android XR Development Tools
Google has released its second Developer Preview of the Android XR software development kit (SDK) following its initial release late last year, introducing new features and improvements including wider support for immersive video, better adaptive UI layouts, hand-tracking in...
InstaVR Raises $5M Series B to Further Grow Its Enterprise VR Authoring Platform
InstaVR, a VR authoring, publishing, and analysis company, announced it has successfully closed a Series B financing round, which the company says will help further its mission in providing enterprise customers the tools to create their own VR apps....
‘VRChat’ Secures $80M Series D Funding to Create its Own Digital Economy
VRChat, the popular social VR platform, announced its secured a Series D funding round of $80 million, which brings to the startup more than five times its overall lifetime investment.
The round was led by Anthos Capital, alongside participating investors...
‘Sightline’ Dev Wants Your Feedback on Experimental ‘Holosphere’ Locomotion
Tomáš 'Frooxius' Mariančík, the developer behind the outstanding Sightline: The Chair and World of Comenius projects has devised a new locomotion system for VR, and he needs your help to make it better.
The prolific and irritatingly talented VR developer Tomáš Mariančík, the...
Infinite Reality Acquires Napster for $200M to Create Social Music Platform & Virtual Concerts
Napster. Now there's a name you haven't heard in a few years... or more likely decades. Now, immersive web company Infinite Reality announced it's acquired the brand for $207 million.
Having just closed a $3 billion investment in January, Infinite...



















