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.

Snap Forms ‘Specs Inc’ to Insulate AR Business Ahead of AR Glasses Launch

Snapchat maker Snap announced it's formed a new business dedicated to its upcoming AR glasses. The News Called Specs Inc, the wholly-owned subsidiary within Snap is said to allow for "greater operational focus and alignment" ahead of the public launch of...

‘Angry Birds Movie 2 VR’ Studio Raises $2M to Continue Development on AR/VR Games

XR Games, the studio behind couch co-op VR game The Angry Birds Movie 2 VR: Under Pressure (2019), has secured $2 million (£1.5 million) in a recent funding round, which was led by Praetura Ventures alongside existing investor ACT Capital...

The 20 Best Rated & Most Popular Quest Games & Apps – December 2021

While Oculus doesn’t offer much publicly in the way of understanding how well individual apps are performing across its VR storefronts, it’s possible to glean some insight by looking at apps relative to each other. Here’s a snapshot of...

Social VR Startup Raises $57 Million Investment Led by Major Japanese Mobile Network

Japanese social VR startup HIKKY announced today that it has raised ¥6.5 billion (~$57 million), led by Japanese mobile network operator NTT Docomo. The startup says it will use the funds to expand its web-based metaverse platform. Founded in 2018,...

Apple Design Lead Heads to Meta, Hopefully to Fix Longstanding Quest UX Issues

Apple's Vice President of Human Interface design, Alan Dye, is leaving the company to lead a new studio within Meta's Reality Labs division. The move appears to be aimed at raising the bar on the user experience of Meta's...

Meta and LG Confirm Partnership to “Accelerate XR Business” in Wake of Vision Pro Launch

LG announced a collaboration with Meta focused on strengthening the XR business of both companies. Following the release of Vision Pro, it has become apparent that Apple has a serious game plan for its XR line of devices. Now that...

Ray-Ban Smart Glasses Get Massive Utility Boost with Cool (but risky) ClawdBot Hack

If you're comfortable mucking around with a new open source project, you could be shopping on Amazon just by looking at an object with your Ray-Ban Meta smart glasses. Ray-Ban Meta smart glasses are pretty useful out of the box,...

Oculus CTO John Carmack Will Demo His ‘VrScript’ Environment at Connect

John Carmack is something of a legend in the programming world with a history that's intertwined with the early gaming industry. Now at Oculus as Chief Technical Officer, Carmack may be poised to leave a similar mark on the world...

Survey: Help Devs Understand Real VR Users & Enter to Win $150 Amazon Gift Card

While there's a steadily growing number of quality VR games, it's still well understood that VR is in need of more great content. But what kinds of VR games should developers focus on creating? That's one of the primary...

Varjo Raises $31 Million to Further Develop ‘Bionic Display’ Headset

Finland-based headset maker Varjo has announced it has raised a $31 million Series B investment to continue the development of its novel 'Bionic Display' headset which incorporates a high-density display with a wide field of view display as a...

Samsung Reportedly Set to Unveil Smart Glasses at Galaxy S25 Event in January

A recent report from South Korea's Yonhap News maintains Samsung is set to unveil a pair of XR glasses at its annual Unpacked product event, which is expected to take place sometime next month. Samsung promised back in July we'd...

Oculus Launch Avatar Lip Sync Plugin for Unity

Oculus have released a dedicated Unity plugin which aims to automatically detect and transform an audio stream from speech into virtual character lip movements automatically. It seems that the substantial investment in research and development at Oculus over the last...

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,...

Meta Announces $50M ‘Horizon Worlds’ Content Fund as Some VR Studios Struggle to Make Ends Meet

Meta today announced a $50 million fund to incentivize the creation of new and improved content in Horizon Worlds, the company's first-party social gaming platform. The move comes as many seasoned studios that build self-contained VR apps for the...

VR Advertisement Platform Vertebrae Raises $10M Investment

Vertebrae, a virtual reality advertising platform that promises to bring ad supported monetization to VR publishers, today announced a $10 million series A fundraising. Vertebrae's platform, now out of stealth, is currently in private beta for use by content publishers such as entertainment...
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