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.

Nintendo is Reviving its Infamously Failed Virtual Boy with a Switch-compatible Accessory

Feel free to double-check the calendar... yes, it is in fact September 12th and not April 1st. Nintendo, always managing to surprise in one way or another, is reviving its infamously failed 3D gaming console, the Virtual Boy. First released in...

ArborXR Secures $12M Funding to Scale Enterprise XR Device Management Platform

ArborXR, an XR device management company working in the enterprise space, announced it has secured $12 million in new funding. The company says it will use the funding to further scale its mobile device management (MDM) platform, which allows...

AxonVR Raises $5.8 Million Seed Investment for Advanced VR Haptics

AxonVR has announced the closure of a $5.8 million seed investment, which is claimed to be the largest secured by a VR haptics company to date. The company intends to use the money to build out their HaptX platform...

Virtuix Goes Public During a Turbulent Moment for Consumer VR

VR treadmill creator Virtuix is going public, as its Class A ordinary shares will start trading today on the Global Market tier of the Nasdaq. The company's stock market debut comes as consumer VR investment and first-party content spending...

FOV Ventures Raises $18 Million to Fund European Metaverse Startups

FOV Ventures is a newly formed venture capital firm which plans to invest in early-stage metaverse startups. The firm says it has raised an initial $18.1 million as part of its first fund. Founding partners David Haynes and Petri Rajahalme announced...

META Raises $50M in Funding to Accelerate “Groundbreaking” AR Tech

On Monday, Meta, the company building AR HMDs that allow the wearer to manipulate holographic objects within the wearer’s visual field and the headset’s field of view (90 degrees, in the Meta II), among other things, announced that it's...

More Than 100 VR Games Have Exceeded $1 Million in Revenue

While VR is still young, it crossed an important milestone at the start of 2020: more than 100 VR games have exceeded $1 million in revenue. In an analysis published earlier this month, VR Fund investor Tipatat Chennavasin made the case...

HTC Wants to Bring Its First-party Game ‘Arcade Saga’ to PlayStation VR

Arcade Saga, a futuristic sports action game from HTC’s internal Vive Studios development and publishing group, could be coming to PSVR. Launched for the Vive headset in December 2016, the game quickly received Oculus Rift support, and recently saw...

Scope AR Secures $9.7M Series A to Develop AR Training & Remote Assistance Tools

Scope AR, the enterprise-focused AR studio, today announced it has successfully closed a $9.7 million Series A funding round to further develop it cross-platform AR work training and on-site instruction tools. The company's Series A was led by Romulus Capital,...

Samsung to Launch Project Moohan XR Headset at Galaxy Event on October 21st

Samsung announced it's holding a Galaxy Event on October 21st, which will feature Project Moohan, the company's long-awaited Apple Vision Pro competitor. The News The livestream event is slated to take place on October 21st at 10PM ET (local time here),...

$30,000 in Cash and Prizes for Winner of Nvidia VR Showcase

NVIDIA's forthcoming GTC Conference runs April 4-7 and is going to be dominated by the topic of virtual reality – with a dedicated session track and VR Village with the latest and greatest demos. What's more, if you're an...

Total Quest Games Reviews Have Exceeded Oculus PC Reviews in Less Than Two Years

Adding to a growing number of data points showing why Facebook has shifted its attention away from Oculus PC is the difference in momentum between the two platforms as revealed by game review counts over time. This month, the number...

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 year old game studio is most recently known for its acclaimed VR titles, Lone Echo and Echo VR, both published...
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Watch: ‘LogiX’ is an Impressive Multi-User Visual Programming Interface for VR

Sightline developer Tomáš ‘Frooxius’ Mariančík has released a major update for his collaborative 'world engine' NeosVR which adds an incredibly cool multi-user visual programming interface, so you and your friends can code together, entirely within VR. NeosVR is a collaborative ‘world engine’...

Meta Buys Dev Behind VR Fitness App ‘Supernatural’, Its Sixth VR Studio Acquisition in Two Years

Meta (formerly Facebook) today announced its sixth VR studio acquisition. This time it's Within, the studio behind the popular Quest exclusive VR fitness app Supernatural. Meta announced the acquisition of Within on the Oculus blog saying that the studio will be...
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