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.

Waveguide Maker DigiLens Secures Additional Investment by Samsung Ventures

DigiLens, the Silicon Valley-based waveguide maker, today announced that Samsung's venture capital group Samsung Ventures is increasing its stake in the company. At the time of this writing, neither firm has detailed the extent of the investment, stating simply that...

Sony Details PSVR 2 Prototypes from Conception to Production

Sony released a peek into the prototyping stages that led to PSVR 2, showing off a number of test units for both the headset and controllers. In an extensive interview on the PS blog, PSVR 2’s Product Manager Yasuo Takahashi...

New Investigative VR Horror Title ‘Ghost Theory’ Hits Kickstarter

Czech developers Dreadlocks, the company behind crowd funded RPG Dex, have launched their latest Kickstarter campaign for Ghost Theory, a VR focussed horror title that casts you as a clairvoyant paranormal investigator. https://www.kickstarter.com/projects/dreadlocks/ghost-theory The latest horror title to take advantage of virtual...

Google Says Global VR Search Volume Grew 400% in 12 Months

Google, who has now has several major VR initiatives underway, notes major gains in interest in virtual reality and 360 degree video capture and sharing. The company is now prompting brands to consider what role VR will play in...

Hideo Kojima’s Studio Partners with Niantic Spatial on Enigmatic AR Game of the “near future”

Hideo Kojima's production company and Niantic Spatial released a new teaser showing off a concept for an AR game that the studios see as a "significant moment for both companies." The teaser, seen below, follows a player wearing a futuristic...

VR Education Startup Raises $12.5M to Teach Math and More Using VR in Schools

Prisms VR, an immersive platform for teaching math, announced it's raised $12.5 million in a Series A round, which the company says will be used to expand its VR math literacy platform to more schools across the US. Led by...

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...

Exiii Raises $750K for Haptic VR Gloves with Force Feedback

Japan-based startuped Exiii, which is developing a pair of haptic gloves with force feedback, has raised $750K for continued R&D, expansion of sales channels, and growing the company's team. Back in March we wrote about Exiii's two haptic VR gloves,...

Online Dating Company Announces $20M Annual Fund to Accelerate “virtual intimacy” Startups

Social Discovery Group, the company behind Dating.com and DateMyAge.com, announced it's launched a venture studio that aims to "transform virtual intimacy into the new normal" by backing early-stage startups in AI-powered communication, XR advancements, and social discovery platforms. Called SDG...

Collaborative Spatial Design App ‘ShapesXR’ Raises $8.6M, Expanding to Apple Vision Pro & Other Headsets

ShapesXR is a collaborative spatial design app built to make it easy to prototype spatial interfaces, interactions, and environments. The company announced today it has raised an $8.6 million seed investment, part of which the company plans to use...

Godot Gets Big OpenXR Update Aiming to Attract XR Devs from Unity

Godot, the open source game engine, has included basic OpenXR support for a number of years now, allowing developers to easily publish their apps across a variety of XR headsets. Now, Godot just an update that brings even more...

Magic Leap Raises $461M in New Funding Led by Saudi Arabia’s Investment Arm

Magic Leap, the augmented reality headset manufacturer, has added another couple hundred million dollars to its Series D investment round, this time $461 million led by The Public Investment Fund, Saudi Arabia’s sovereign investment arm, Tech Crunch reports. According to the...

VR Studio Behind Movie Tie-in Games Aims to Kick-start Original IP with $2M Investment

UK-based VR studio XR Games, known for its recently released Zombieland VR game, announced this week that it has raised an additional £1.5 million (~$2 million) investment to expand its studio with 20 new jobs and a focus on...

Crytek and Basemark Announce VR Benchmark Using CRYENGINE

Finnish benchmarking company Basemark have today announced that they're working with game technology house Crytek to produce a virtual reality specific benchmark to test how well your gaming hardware can handle the forthcoming consumer VR revolution. Hot on the heels...

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...
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