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.
Quest is Getting a Third-person Spectator View for Casting
The latest update to the Oculus Integration for Unity includes a beta release of a spectator camera capability which will allow developers to show a third-person view to spectators watching on a smartphone or web browser.
Today if a friend...
Snap Acquires AR Display Startup WaveOptics for Over $500M
Snap Inc is making some definite strides into augmented reality territory as of late. It not only announced yesterday that its next-gen version of Spectacles will be a AR device, but it's now come to light that the company...
The 20 Best Rated & Most Popular Quest Games & Apps – May 2021
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 Floated the Idea of Building a Launch Title for Sony’s Next VR Headset
Epic Games, the creators of Unreal Engine, said it would consider building a launch title for Sony's "next VR platform" during negotiations about Fortnite cross-play on PlayStation in 2018. With the company's next VR headset not expected to launch until...
Quest 2 Continues to Grow by Leaps and Bounds Among VR Headsets on Steam
Despite being marketed primarily as a standalone headset, Quest 2 is continuing its meteoric rise among VR headsets used on PC through Steam. Last month the headset picked up another 3.54% of the share of headsets on the platform,...
Holoride Secures $12M Funding to Create Immersive in-car VR Experiences
Holoride, the Audi co-founded startup aiming to inject immersive VR and AR into everyday car travel, announced it's raised a €10 million (~$12 million) Series A investment round.
The company first unveiled its tech back at CES 2019, showing off its...
Facebook Acquires ‘Onward’ Developer Downpour Interactive in Fourth VR Studio Acquisition
Facebook today announced its fourth VR studio acquisition. This time it's Downpour Interactive, the studio behind the popular VR shooter Onward which has been continuously developed since its Early Access launch on PC back in 2016. More recently the game...
Have Facebook’s Big Bets on Oculus Exclusive Games Been Successful? A Data-driven Look
Facebook has purportedly spent at least $500 million to bring a wide range of content to its VR headsets. A portion of that investment was bet on big budget exclusive games, like Asgard's Wrath and Medal of Honor: Above...
The 20 Best Rated & Most Popular Quest Games & Apps – April 2021
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...
Vicarious Surgical Aims to Raise $460M with $1.1B Valuation for VR Surgery Platform
Vicarious Surgical, a robotics-based medical company, today announced that it's merging with D8 Holdings, a special purpose acquisition company. Vicarious Surgical is slated to go public on the New York Stock Exchange (NYSE) where it is expected to garner...
‘The Unity Cube’ is the Worst Quest Game on Oculus App Lab—on Purpose
The Unity Cube is an experiment from developer Tony "SkarredGhost" Vitillo to test the limits of what Oculus will allow into the App Lab program. Vitillo submitted a fully functional application which simply presents the user with a cube in...
[Updated] VR Headsets on Steam Hit Record High Three Months Running
For the third month running, the number of VR headsets on Steam has reached a new record high of some 2.9 million, or 2.3% of Steam users.
Update (April 4th, 2021): A prior version of this article reported that monthly-connected...
Quest 2 May Be Selling Thrice as Fast as the Best Selling VR Headset, PSVR
While Facebook has yet to reveal official unit sales figures for Oculus Quest 2, various data points the company has offered, along with data from developers, has allowed us to hone in on a reasonable estimate. Compared to PSVR,...
Facebook’s Bosworth: Quest 2 Has Outsold All Oculus Headsets Combined
During an interview with Bloomberg this week, Facebook Reality Labs VP, Andrew Bosworth, said that Quest 2 has outsold all Oculus headsets combined, a significant milestone for a headset which has only been available for five and a half months.
Adding...
Social VR App ‘Rec Room’ Raises $100M Financing, Now at $1.25B Valuation
Rec Room, the social VR platform, announced it has secured a $100 million financing round, bringing the company's valuation to $1.25 billion. This makes it one of the most valuable VR companies outside of platform holders Facebook, Valve, and...


















