Moss (2018) and GORN (2019) have become the latest VR games to reach the 1 million unit 'platinum' mark, earning an estimated $22.5 million and $12 million, respectively, in revenue. Multi-platform development was key to their success. Selling one million units...

While Oculus doesn’t offer much publicly in the way of understanding how well individual apps are performing across its VR storefronts, it’s possible to glean some insight by looking at apps relative to each other. Here’s a snapshot of...

DigiLens, creators of waveguide optics, today announced a "deeper" partnership with Mitsubishi Chemical to bring a plastic version of its waveguide technology to the market. The companies claim the plastic variant achieves "nearly the same" performance as its glass...

Resolution Games, the studio behind popular multiplayer VR titles Demeo (2021) and Blaston (2020), today announced it has secured a Series C funding round of $25 million. The Stockholm-based company says the investment will be used to bring "proper...

Facebook's growing grip over the VR space reached new heights last month as the company's Oculus headsets exceeded 60% of the share of monthly-connected headsets used on Steam. Facebook was already a major player in the VR market before the...

Osso VR, the creators behind the immersive surgical platform, today announced its secured $27 million in Series B financing. The funding round was led by GSR Ventures, with participation from Signalfire, Kaiser Permanente Ventures, OCA Ventures, Scrum Ventures, Leslie Ventures,...

Oculus App Lab is a way for developers to publish their apps on Quest without being subject to curation, but it comes with a few caveats like not being visible in the main Quest store. Since its launch, App...

Multinarity, an Israel-based startup working on AR software, announced it's raised $28 million in the company's initial seed round. As reported in an exclusive by Calcalist, funding was led by Israeli investors VC Aleph and U.S. investors Corner Ventures. The...

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...

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...

TRIPP, the Los Angeles-based startup behind the eponymous VR meditation app, has secured a Series A investment amounting to $11 million. The investment, which was announced via TechCrunch, was led by Vine Ventures and Mayfield with participation from Integrated. This brings...

VR Education Holdings, the company behind the social VR platform ENGAGE, announced it's raised €9 million (~$10.7 million) which will help it expand beyond the realm of immersive education & training and into a new product called ENGAGE Oasis....

Red 6, a company building an aircraft platform with augmented reality capabilities designed for military training, says it has raised a $30 million Series A investment to further its mission. Founded in 2018, Red 6 is the creator of the...

While Oculus doesn’t offer much publicly in the way of understanding how well individual apps are performing across its VR storefronts, it’s possible to glean some insight by looking at apps relative to each other. Here’s a snapshot of...

Facebook today announced its fifth VR studio acquisition. This time it’s BigBox VR, the studio behind the popular VR battle royale POPULATION: ONE which launched just last year on PC VR and Quest, and has consistently ranked among Quest's most popular...