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.
VR Fitness Startup YUR Secures $1.1M Investment, Releases Calorie-counting Software for Quest
YUR, a VR fitness company, today announced it's secured $1.1 million in pre-seed funding, something the company says will...
Applications for Vive X, HTC’s AR/VR Startup Accelerator, Close September 30th
The application deadline for HTC's VR startup accelerator program is coming up quickly on September 30th. Now in its...
WaveOptics Secures Additional $13M to Expand AR Optics Manufacturing
WaveOptics, a designer and manufacturer of waveguide optics for AR displays, announced it's raised a total of $39 million...
Immersive Social Platform ‘VRChat’ Raises $10 Million in Venture Capital
VRChat announced today that it has closed a $10 million Series C investment to continue expanding its immersive social...
Light Field Lab Secures $28 Million to Develop Holographic Displays
Light Field Lab, known for its advancements in light-field display technology, successfully completed a Series A funding round, scoring...
Sony Acquires Insomniac Games, Delivering a Strategic Blow to Oculus Studios in the Process
Sony Interactive Entertainment announced Monday that the company is acquiring Insomniac Games, a storied game studio and one of...
OpenXR 1.0 Released, Microsoft Supports HoloLens 2 & WMR, Oculus Plans Rift & Quest...
OpenXR, a widely supported initiative which aims to streamline AR/VR development across headsets and platforms, has reached its 1.0...
DisplayPort 2.0 Supports Dual 4K VR Displays @120Hz
The Video Electronics Standards Association (VESA) has officially released DisplayPort 2.0, representing the first major update to the audio/video...
Xbox Game Studios Has (inadvertently?) Acquired Heaps of VR Development Talent
A year ago, in response to Sony consistently delivering high-quality exclusives for PS4, Microsoft made a commitment to rejuvenating...
Studio Behind Social VR App ‘Rec Room’ Raises $24 Million in Funding
Against Gravity, the studio behind the popular social VR game Rec Room, has raised an addition $24 million in venture...
Analysis: Monthly-connected VR Headsets on Steam Pass 1 Million Milestone
Valve's monthly Steam Survey has long offered useful insight into the share of VR headsets in use on Steam....
Apple Announces ARKit 3 with Body Tracking & Human Occlusion
At the company's annual WWDC developer conference today, Apple revealed ARKit 3, its latest set of developer tools for...
Waveguide Maker DigiLens Closes $50 Million Series C Investment
DigiLens, a creator of waveguide optics and related manufacturing technology today announced the closure of a $50 million Series...
Steam Survey: HTC & Windows VR See Gains as Oculus Awaits New Headsets
As the VR market is poised for a handful of new headsets launching in the coming weeks, the latest...
The Surprising Brilliance of ‘Vacation Simulator’s’ VR Paintbrush Tech
Having released the ever popular Job Simulator as a launch title for the HTC Vive back in 2016, Owlchemy Labs is...
