The Khronos Group announced on Tuesday that they have a critical mass of major VR players who are collaborating on a VR open standard. This VR open standard will have a software and hardware component that will enable VR...

Fast Travel Games, the Sweden-based VR developer and publisher behind titles such as Wraith: The Oblivion - Afterlife (2021) and Apex Construct (2018), today announced a new investment worth $4 million. Brightly Ventures, a Nordic early-stage tech investment firm, led the...

Road to VR co-founder Ben Lang recently joined the crew of the Between Realities podcast. Bringing more than a decade of experience in the XR industry as co-founder of Road to VR, Ben Lang joined hosts Alex VR and Skeeva on...

Spatial, a New York-based startup behind the eponymous real-time AR/VR collaboration platform, has secured $14 million in additional financing, bringing its overall funds to $22 million. The latest funding round was led by White Star Capital, iNovia and Kakao Ventures, with...

Ahead of the Apple Vision Pro's release in 'early 2024', the company says it will open several centers in a handful of locations around the world, giving some developers a chance to test the headset before it's released to...

Dioselin Gonzalez is a senior VR engineer at Unity Labs who is working on bringing VR creation tools to the masses. Project "Carte Blanche" will be launching sometime in 2017 and will be targeting desktop VR consumers with an...

Oculus Engineer Director Anuj Gosalia takes to the stage at Connect today to help developers to understand the ins and outs of developing for the Oculus Rift with the company's PC SDK. We'll be liveblogging the event starting at 2:30PM...

Money continues to pour into the VR space, but not all of it is aimed at brand new ventures. Last week, the interactive media platform, ThingLink (founded in 2008), announced the closing of a $1.3M round of new funding...

Oculus had talked much about 'Hand Presence' with the launch of their Touch VR controllers last year, but few games have implemented the controllers in such a way that truly deliver on that promise. Combined with Touch, Lone Echo's impressive...

Despite industry woes, XR development has largely stayed consistent, according to the annual Game Developer Conference (GDC) State of the Game Industry Survey, noting that 35% of developers who responded are building for XR. The San Francisco-based conference is a...

FundamentalVR, a company specializing in VR medical training, has closed a £4.3 million (~$5.6 million) Series A funding round in effort to further develop its surgical training and data analysis platform, Fundamental Surgery. The funding round was led by Downing...

OpenXR is an open standard made to improve compatibility between XR software and XR headsets. Google—one of the biggest tech companies in the world—is adopting the standard right out of the gate, joining other major firms like Meta and...

Switzerland-based light field display startup CREAL announced its closed a $8.9 million equity funding round, which the company says will accelerate the miniaturization of its light field module for AR glasses. The equity funding round was led by ZEISS, the...

Sony Corporation announced today that it will invest $250 million in Epic Games, the company well known for its hit game Fortnite and the Unreal Engine game engine that powers it. Unreal Engine is the second most popular game engine for...

Beat Saber has officially reached 4 million units sold, Oculus today announced, along with 40 million songs of paid DLC, pushing the app's estimated revenue to $180 million. By now, Beat Saber can be considered nothing less than VR's first killer app...