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.

‘The Walking Dead: Onslaught’ Developers Survios Secures $16.7M Funding

Survios, the studio behind VR titles The Walking Dead: Onslaught (2020), Creed: Rise to Glory (2018), and Raw Data (2017), has secured another round of financing to the tune of $16.7 million. The news was first reported by Venture Beat. Survios' latest...

Oculus Plans to Enable DLC & In-App Purchases for App Lab Developers Later This Year

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...

Samsung’s Answer to Vision Pro Reportedly Landing First in Korea This October for Around $2,000

Samsung's upcoming mixed reality headset Project Moohan has largely been out of the spotlight since its unveiling late last year. According to South Korean outlet Newsworks (Korean), the headset's launch could be right around the corner. Citing industry sources, Project Moohan is reportedly...

HTC-led Venture Capital Consortium Represents $10 Billion Earmarked for VR

This week at MWC Shanghai, HTC announced the Virtual Reality Venture Capital Alliance (VRVCA), a consortium of 28 venture capital firms focusing their funds on virtual reality. Collectively, the group represents more than $10 billion in capital aimed at...

New Cinematic VR and Creation Tools Being Prototyped in Unity

Timoni West is a principle designer for Unity Labs, and she's working on creating professional tools for creating VR scenes in Unity while being in VR. These tools are still in the prototype phase of development, but it's something...

Vision Pro and Quest 3 Hand-tracking Latency Compared

Vision Pro is built entirely around hand-tracking while Quest 3 uses controllers first and foremost, but also supports hand-tracking as an alternate option for some content. But which has better hand-tracking? You might be surprised at the answer. Vision Pro...

More Optimization Tips from Oculus for Unity-based Gear VR Projects

Chris Pruett, Oculus’ head of developer relations and co-founder of Robot Invader, elucidates more about the technical knacks for optimizing Unity-based works intended for the Samsung Gear VR mobile platform. See Also: Oculus Shares Optimization Tips for Unity-based Gear VR Projects In...

Snap Makes Spectacles AR Glasses More Affordable for Students & Teachers

Snap, the company behind Snapchat, is making its latest Spectacles AR Glasses more affordable to students and teachers with a new educational discount that cuts the $1,200 launch price in half. Initially released in September 2024, the company's fifth-gen Spectacles...

Sony’s Upcoming MR Headset Could Point the Way for Controllers on Vision Pro

Vision Pro doesn't have controllers, but it's clear Apple will need to support immersive hardware input somehow in the future, if only for the greater precision it might bring to industry professionals. Sony has a pretty interesting take on how...

VR Training Company Gemba Secures $18M Series A to Expand Enterprise Metaverse

Gemba, the corporate VR learning platform, announced it's closed an $18 million Series A funding round, which the company says will be used to continue expansion into Europe, the Middle East, Africa, and North America. The latest funding round was...

VR Launchpad Tickets Now on Sale – See Pitches from Top VR Startups, Vetted by Industry...

VR Launchpad is the startup showcase for virtual reality companies. Tickets for the event are now on sale. Secure your seat for access to a select group of VR startups vetted by VR community and media leaders, SVVR and Road...

Watch The VR Games Showcase Right Here at 9AM PT

It’s very nearly time for the next iteration of the VR Games Showcase. VRGS is VR’s leading Direct-style digital showcase dedicated to revealing high-quality VR games and showing updates on some of your most anticipated projects. We’ve got a massive...

10 Years Ago Zuckerberg Bought Oculus to Outmaneuver Apple, Will He Succeed?

A decade ago Zuckerberg made a $2 billion bet. XR was the future of computing, he wagered, and in buying a little known startup called Oculus, Meta would beat Apple to the punch. An Unexpected Acquisition You can critique Meta CEO...

Report: 39% of Game Developers Working on AR/VR Headsets

A survey of game developers attending the annual GDC conference suggests major growth in the number of developers building games for AR and VR headsets. The 2017 GDC State of the Game Industry report, which gathered data from 4,500 attendees of...

Studio Behind ‘DOOM 3’ VR Port Announces Layoffs

Archiact, the veteran studio known for a host of VR titles, announced it's laying off a portion of its staff. The number of staff affected by the layoff hasn't been confirmed. The studio says however in an X post that it's...
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