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.
‘Wraith: The Oblivion VR’ Studio Fast Travel Games Raises $4M Investment
Fast Travel Games, the Sweden-based VR developer and publisher behind titles such as Wraith: The Oblivion - Afterlife (2021) and Apex Construct (2018), today announced a new investment worth $4 million.
Brightly Ventures, a Nordic early-stage tech investment firm, led the...
Meta Reveals Next Generation Aria Glasses for Research and Experimentation
Meta today revealed its next-gen glasses, Aria Gen 2, which the company intends to release to third-party researchers working on machine perception systems, AI and robotics.
The company revealed its first iteration of Project Aria back in 2020, showing off a...
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...
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...
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...
GDC 2016: Sony PlayStation VR: Development and Innovations – Live Blog @ 11AM PST
With the launch of the PlayStation VR now announced to be arriving in October this year, the focus on content creation for the first console powered VR system will intensify. This session, presented by Sony,
Join us as we enter...
Varjo Secures $5.8M Investment to Accelerate Military-Grade XR Hardware
Varjo, the Finland-based maker of high-end XR headsets, announced it's secured a €5 million (~$5.8 million) minority investment from THEON, the Greece-based manufacturer of military imaging systems.
Structured as a convertible loan, the €5 million investment also includes the option...
This Company Wants to Refresh Workers by Sticking Them in Tiny Pods With VR Headsets
South Korea-based XR company NP Inc showed off a unique solution to combat employee fatigue at Mobile World Congress (MWC) in Barcelona this week, combining a small pod with a VR headset.
The News
NP, developer of the MUA app for Quest, unveiled MUA’H...
Google & LG Detail Next-Gen 1,443 PPI OLED VR Display, ‘especially ideal for standalone AR/VR’
Ahead of SID Display Week, researchers have published details on Google and LG's 18 Mpixel 4.3-in 1,443-ppi 120Hz OLED display made for wide field of view VR headsets, which was teased back in March.
The design, the researchers claim in the paper,...
New Qualcomm MR Reference Headset Shows What to Expect From Samsung
Alongside the announcement of the new Snapdragon XR2+ Gen 2 chip, Qualcomm also revealed its latest reference headset, a mixed reality device that's likely the foundation of Samsung's upcoming headset.
Samsung announced last year that it's working with both Google...
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...
Analysis: Steam Hangs on to VR Surge Four Months After ‘Half-Life: Alyx Launch’
Half-Life: Alyx led to a huge leap in VR usage on Steam when it launched back in March. Four months later, there's nearly as many VR headsets on Steam as there were right after the game's launch.
Each month Valve...
Apple Details Latest VR Optimizations Coming to macOS Mojave (10.14)
Earlier this month at Apple's annual WWDC conference, the company introduced their latest operating system, macOS Mojave (10.14). Due to roll out as a public beta later this month, and launching widely this Fall as a free update, Mojave...
Waveguide Maker DigiLens Closes $50 Million Series C Investment
DigiLens, a creator of waveguide optics and related manufacturing technology today announced the closure of a $50 million Series C investment, adding UDC Ventures and Samsung Ventures to its list of investors.
Update (May 14th, 2019): DigiLens creates waveguide optics for...
Snap Plans to Launch New Consumer ‘Specs’ AR Glasses Next Year
Snap, the company behind Snapchat, today announced it's working on the next iteration of its Spectacles AR glasses (aka ‘Specs’), which are slated to release publicly sometime next year.
Snap first released its fifth generation of Specs (Spectacles '24) exclusively...



















