Meta has "paused" its initiative to bring third-party Horizon OS headsets to the market. The company says it has shifted focus to "building the world-class first-party hardware and software needed to advance the VR market." The News A little over a...

Wave, the social VR platform and virtual music venue, today announced a $30 million Series B funding round, putting its total funding to $40 million to date. The funding round was led by Maveron with participation from Griffin Gaming Partners....

Chinese AR startup Rokid launched a Kickstarter campaign yesterday for Rokid Glasses, a new version of the company's smart glasses with green monochrome displays which previously launched in China. Now, after 24 hours, the project has already garnered over...

In a seemingly unprompted tweet this week, Ultrawings 2 developer Bit Planet Games said that despite building its latest game with a focus on the PC VR platform, the studio has seen significantly more sales volume on Quest 2. Adding...

Despite industry woes, XR development has largely stayed consistent, according to the annual Game Developer Conference (GDC) State of the Game Industry Survey, noting that 35% of developers who responded are building for XR. The San Francisco-based conference is a...

TRIPP, the Los Angeles-based startup behind the eponymous VR meditation app, has secured a Series A investment amounting to $11 million. The investment, which was announced via TechCrunch, was led by Vine Ventures and Mayfield with participation from Integrated. This brings...

Australia-based Studio Alta, the developer behind A Township Tale, today announced it has raised a $12.4 million seed investment to expand its studio and accelerate development of the game. Studio Alta had been quietly developing its brilliant co-op focused VR game A...

It's been less than a week since Meta launched the Quest 3S Xbox Edition headset, but the "limited edition" device is already out of stock if buying from Meta directly. However, it's still available at third-party retailers. Meta said previously...

UK based developer nDreams today announced the closure of a new $3 million (£2 million) investment, the second this year for the studio. Bringing the studio's total fundraising in 2015 to $5.75 million, nDreams has raised an additional $3 million....

While Palmer Luckey provided his own Magic Leap One headset to iFixit for their tear down, the founder of Oculus certainly had his chance for a proper review before the spudgers and screwdrivers came out, and he isn't pulling...

VR treadmill company Virtuix launched a crowd-based investment campaign late last year to further scale Omni One, its consumer-focused VR locomotion device. Now, the campaign’s second phase (Series B-2) has come to an end, garnering the company over $3...

Still think virtual reality is a fad? The latest data suggests over $136M was raised by VR startups in the month of November 2015 alone. It appears that VR is quickly leaving the realm of odd curiosity and is...

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...

In all the talk over presence and immersion associated with virtual reality games, we mustn't lose sight of why we play games in the first place, for fun! When games come along that manage to fuse both, we get...

Google is starting to roll out new photorealistic avatars which they call "Likeness". Similar to Apple's Personas, Likeness avatars are generated by scanning a user's face, then animated it with input from the sensors on a headset. The avatars...