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.
Oculus Now Accepting OpenXR Apps on Quest & Rift, a Big Step for Cross-platform...
OpenXR is a widely supported open standard which aims to make cross-platform VR development easier by allowing developers to...
Company Raises $30M to Make Programing Industrial Robots Easier With the Help of SteamVR...
In an interesting bit of news which shows Valve's SteamVR Tracking technology used in a non-VR application, robotics company...
Dev Tool Uses Quest Hand-tracking to Quickly Model Realistic Hand Poses for VR
Grabbing objects in VR may be one of the medium's most fundamental interactions, but making it work well isn't...
Book Reveals the Fate of Two Other Valve VR Games Developed Alongside ‘Alyx’
It was big news back in 2017 when Valve announced that it was working on "three full games,...
Oculus Improves Iteration Time for Quest Developers Using UE4
Oculus has updated its UE4 Quest development tools so that developers can spend less time waiting and more time...
‘BoxVR’ Studio FitXR Raises $7.5 Million to Expand Operations & VR Fitness Products
FitXR, the studio behind VR fitness app BoxVR, today announced that it has raised $7.5 million to expand its operations...
Sony Just Invested $250 Million in Epic Games, Here’s What it Could Mean for...
Sony Corporation announced today that it will invest $250 million in Epic Games, the company well known for its...
Librestream Secures $24M Series D Funding to Expand Its AR-powered Worker Platform
Librestream, an enterprise-focused AR company, today announced it's raised a $24 million Series D financing round. The Winnipeg, Canada-based...
Facebook Buys Its Third VR Studio, ‘Lone Echo’ Developer Ready at Dawn
Facebook announced today that it has acquired Ready at Dawn, marking the company's third VR studio buyout. The 17...
Virtual Concert Platform ‘Wave’ Secures $30M in Series B Funding
Wave, the social VR platform and virtual music venue, today announced a $30 million Series B funding round, putting...
Open-source Modeling & Animation Tool ‘Blender’ Now Includes Basic VR Support
Blender, a popular free open-source modeling and animation tool, just launched its 2.83 update, which brings basic VR support...
Unreal Engine Apps Can Now Be Built with Quest Hand-tracking
An update to Oculus developer tools has brought a handful of updates, including support for Quest hand-tracking in Unreal...
[Update] Magic Leap Secures $350M Funding to Avoid Previously Announced Layoffs
Magic Leap announced last month that layoffs impacting "every level of the company" were coming alongside a pivot away...
Oculus is (still) Covering Unreal Engine Royalties for $5M in Revenue Per-game Through 2025
With the recent news that Unreal Engine was permanently waiving engine royalties for the first $1 million in app...
“More than 10” Quest Apps Have Earned $2 Million in Revenue in a Year...
With the one year anniversary of Oculus Quest this week, Facebook is sharing a handful of interesting stats, including...
