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.
Source 2 Tools Will Ship with ‘Half-Life: Alyx’ for VR Content from the Modding Community
Half-Life: Alyx is due to launch in March 2020; alongside it, Valve plans to release tools for its Source 2 engine which will let community creators build more VR content for the game and beyond.
Modding has long been a...
Lenovo Partners with Varjo to Validate Enterprise PCs as ‘Certified for Varjo’
Varjo, maker of 'bionic eye' headsets, is gaining increasing notoriety as the high-end option in the enterprise VR space. This week Varjo announced a partnership with Lenovo which will see the PC maker specially certifying some of its enterprise...
LIV Secures $2.6M in Funding to Further Expand Mixed Reality Streaming Platform
LIV, the Prague-based team behind the eponymous mixed reality game-streaming platform, has secured $2.6 million in a Series A financing round, something the company says will be used to expand its development team, accelerate its streaming technology, and to...
Glue Collaboration Raises $3.85M Financing to Further Develop Business-focused Social VR Platform
Glue Collaboration, a Helsinki-based company developing remote collaboration tools for AR/VR, today announced that it has completed a new seed round of financing, raising a total of €3.5 million (~$3.85 million) to support continued growth of its business-focused social...
Oculus & Unity Release Free VR Development Course with 20 Hours of Content
Already have some basic game dev experience and looking to get into VR? Then you may be interested in Oculus and Unity's new intermediate level VR game development course, which is not only free, but can get you some...
Unity Plugin Aims to Streamline Haptics for VR Developers
RGB Haptics is a new Unity-based tool that aims to make it easier for developers to create and implement haptic effects in VR games.
Haptics are important in games in general, but especially in VR—because the medium gives players significantly...
Magic Leap Releases Toolkit With Pre-built Components for Easier AR Development
Magic Leap has released a new set of development components in a 'Magic Leap Toolkit' (MLTK) which includes a slew of pre-built tools which aim to make it easier for creators to bring their AR vision to life without...
New Oculus Social Tools Will Help VR Feel More Like a Place, Less Like a Game
Social and Multiplayer VR can be incredibly compelling, but the process of actually 'finding' your friends in VR is still a clunky and often frustrating process. Oculus is developing a new set of social and multiplayer tools which stand...
FundamentalVR Raises $5.6M Investment to Further Develop VR Surgery Training Tools
FundamentalVR, a company specializing in VR medical training, has closed a £4.3 million (~$5.6 million) Series A funding round in effort to further develop its surgical training and data analysis platform, Fundamental Surgery.
The funding round was led by Downing...
Sandbox VR Raises $11M Investment from Will Smith, Justin Timberlake, Katy Perry & More
Sandbox VR, the location-based VR attraction, announced an additional $11 million in funding from some of the biggest household names in entertainment and investment.
Sandbox VR says in a press statement that their latest investment brings their total funds to...
Epic’s HoloLens 2 Demo ‘Apollo 11: Mission AR’ Showcases Impressive PC-quality Graphics
Epic Games today released a new video featuring a demo for HoloLens 2 that aims to show off just what sort of graphics can be achieved on Microsoft's latest standalone AR headset. Called Apollo 11: Mission AR, the interactive demo is...
Backed by $4.4M in Funding, Devs Behind ‘Job Simulator’ & ‘Fantastic Contraption’ Announce New XR Startup
Developers behind critically acclaimed VR games Job Simulator (2016) and Fantastic Contraption (2016) today announced they're founding a new studio dubbed Absurd Joy. To give them a big push along their quest to "invent entirely new ways to interact, play, and experience immersive...
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 help them to further use VR to address what it considers a 'worldwide epidemic of sedentary behavior'.
The pre-seed investment round...
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 fifth batch of investments, the Vive X accelerator aims to help grow the global AR/VR ecosystem by providing tools, expertise,...
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 (£30m) in Series C funding, something the company says will help scale its business operations in the UK, US and...



















