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.
Surgery Training Platform ‘Osso VR’ Secures $66M Series C Financing
Osso VR, the VR surgical training platform, today announced it's closed a $66 million Series C financing round, something the company says will be used to broaden its VR surgical offering and hire more expert talent.
The Series C round was...
Snap Acquires Brain-Computer Interface Startup NextMind
Snap announced it's acquired neurotech startup NextMind, a Paris-based company known for creating a $400 pint-sized brain-computer interface (BCI).
In a blog post, Snap says NextMind will help drive "long-term augmented reality research efforts within Snap Lab," the company's hardware team...
Meta is Nudging VR Devs Towards ‘Horizon Worlds’ with Training, Funding & More
Meta today announced it's expanding the company's VR developer programs to include training on how to build games and experiences inside Horizon Worlds, Meta's growing social VR platform. Devs can also nab some cash too—a strong incentive to help Meta...
FOV Ventures Raises $18 Million to Fund European Metaverse Startups
FOV Ventures is a newly formed venture capital firm which plans to invest in early-stage metaverse startups. The firm says it has raised an initial $18.1 million as part of its first fund.
Founding partners David Haynes and Petri Rajahalme announced...
The 20 Best Rated & Most Popular Quest Games & Apps – March 2022
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...
Valve: New VR Users on Steam Grew by 11% in 2021, Unique Play Sessions Up 22%
New figures directly from Valve reveal the growth of VR users on Steam in 2021.
Shared by Valve this week, the Steam 2021 Year in Review gives us some fresh official stats about VR usage on the platform.
Valve says "new...
The 20 Best Rated & Most Popular Quest Games & Apps – February 2022
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...
VR’s Biggest Ad Yet Pushed ‘Meta Quest’ to a National Audience During the Super Bowl
It's hard to find a single event with a bigger audience than the Super Bowl, which has made it one of the hottest pieces of advertising real estate anywhere. Meta went big this year with a 60 second ad...
Monthly-connected VR Headsets on Steam Blast Through 3 Million Milestone
The holiday period has consistently been a significant time of growth for VR and holiday 2021 was no different. Largely driven by an influx of new Quest 2 users, VR headsets on Steam handily reached a new record high...
‘Township Tale’ Studio Raises $12.4 Million to Expand Studio & Development
Australia-based Studio Alta, the developer behind A Township Tale, today announced it has raised a $12.4 million seed investment to expand its studio and accelerate development of the game.
Studio Alta had been quietly developing its brilliant co-op focused VR game A...
Aero Likely the First in a Series of Enthusiast Headsets from Varjo
Varjo's Aero headset is the first from the company that's meant to appeal to individual customers rather than large organizations... and it probably won't be the last.
Since the company's inception, Varjo has sold high-end enterprise headsets to the likes...
‘Phantom: Covert Ops’ Developer Announces New Studio Dedicated to AAA VR Games
nDreams, the veteran VR developer and publisher behind Phantom: Covert Ops (2020), announced it's creating a new studio dedicated to AAA VR games, dubbed nDreams Studio Elevation.
Studio Director Glenn Brace, who previously served as Head of Art at nDreams...
The 20 Best Rated & Most Popular Quest Games & Apps – January 2022
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...
Epic Games Awarded Grants to 31 XR Projects in 2021 Through the $100M MegaGrants Fund
Since 2019 Epic Games (well known as the creators of Unreal Engine & Fortnite) has run the Epic MegaGrants program, a $100 million fund to financially support projects built with Unreal Engine. In 2021 the program awarded grants to 31...
AmazeVR Secures $15M to Bring Immersive Concerts to VR
AmazeVR, a Los Angeles-based company creating on-demand VR video, has raised $15 million in funding to refocus its efforts to create VR concerts. The company says its first major immersive concert will feature artist Megan Thee Stallion and debut this...
















