Unity has long been a public supporter of OpenXR—an industry standard designed to streamline VR development by making it easier for apps to support a wide range of headsets—but the company has yet to deploy support for the standard....

Immerse, a language learning startup focusing on teaching English in VR, has secured a $1.5 million Series A investment, something the company says will allow them to both expand the current product to Oculus Quest 2, and set up...

Pimax, the Chinese startup building wide field of view (FOV) virtual reality headsets, has secured $20 million in Series B financing. Shortly after completing its successful Kickstarter campaign in late 2017, which garnered the company $4.2 million in crowdfunding to produce...

Veteran VR studio Coatsink, currently in development of Jurassic World Aftermath,  has been acquired for $30 million by game publisher Thunderful. Coatsink is a British game studio and publisher founded in 2009. Though the studio doesn't deal exclusively in VR games, about...

Thirdverse, the Tokyo-based VR game studio behind Swords of Gargantua (2019) and upcoming shooter Frostpoint VR: Proving Grounds, announced that it's secured $8.5 million in funding, something the company says will allow them to grow and make more VR games. The Series...

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...

SideQuest is an unofficial app store for Facebook's Oculus Quest headset which offers an avenue for developers to distribute apps without being subject to Oculus' approval process. The team behind the project has raised $650,000 in seed investment, including...

Osso VR today announced it has raised $14 million in Series A funding to further develop its VR surgical training platform. The financing round was led by Kaiser Permanente Ventures, with participation from SignalFire, GSR, Scrum Ventures, Leslie Ventures and OCA...

Capping off dwindling interest in the PC side of the VR spectrum, Facebook said today that it will discontinue the Rift product line early 2021 and will no longer build PC-only VR headsets. Though the company says “the Rift...

Nreal, the China-based company behind the Nreal Light AR glasses, today announced its secured another $40 million in funding. As reported by TechCrunch, the latest financing round was led by Chinese video sharing platform Kuaishou, with participation by iQiyi, GP Capital,...

VirtualLink was an open standard that defined a USB-C based connection protocol that was “developed to meet the connectivity requirements of current and next-generation VR headsets,” and backed by major VR industry players. The goal was to make a...

Varjo, the Helsinki, Finland-based creators of high pixel density VR/AR headsets for enterprise, today announced it's closed a $54 million Series C funding round. The company says it will use the funds to accelerate the global expansion and development of its...

Half-Life: Alyx led to a huge leap in VR usage on Steam when it launched back in March. Four months later, there's nearly as many VR headsets on Steam as there were right after the game's launch. Each month Valve...

Polyarc, the game studio behind the hit VR title Moss (2018), announced today that is has raised $9 million to grow the studio's expertise in augmented reality development in addition to virtual reality. As an indie studio, Moss is so far...

Khronos Group, the consortium behind the OpenXR industry standard, today announced that it has begun officially certifying products that correctly implement the OpenXR standard. Additionally, the group has added new extensions to the standard to support hand-tracking and eye-tracking. OpenXR is...