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.
ThingLink Raises $1.3 Million to Expand Media Annotation Platform to VR
Money continues to pour into the VR space, but not all of it is aimed at brand new ventures. Last week, the interactive media platform, ThingLink (founded in 2008), announced the closing of a $1.3M round of new funding...
Movidius’ Dedicated Vision Processing Chip is Coming Soon to AR and VR Headsets
Movidius may be a little known name to the average consumer, but the company behind Google Project Tango's Myriad 1 vision processing chip is gearing up to release their new chip architecture in both VR and AR headset manufacturers, and a...
Boost VC Invests in 15 More VR Startups in Latest Accelerator Class
Boost VC, a startup accelerator based in San Mateo California, announced its seventh accelerator 'Tribe' with 15 new investments in VR companies, bringing its total VR portfolio to 34 startups.
Boost VC, which invests in bitcoin and VR startups, has...
‘Super Ventures’ Announces $10 Million Fund to Incubate AR, VR, and Wearable Startups
Super Ventures is a new incubator focusing on AR, VR, and wearables. The group recently announced the opening of its first $10 million fund a well as two initial investments.
Founded by AR and wearable industry devotees, Super Ventures says they're...
Samsung is Streaming its Unpacked Event to Gear VR and Cardboard
Samsung is keeping the lid shut on exactly why they featured the Gear VR in their 'Unpacked' teaser trailer, an event that promises to see the unveiling of the Galaxy S7. But if you've already got your hands on...
MindMaze Raises $100 Million with $1B Valuation for “Neural Virtual Reality Platform”
MindMaze today announced closing a $100 million seed investment led by Hinduja Group which company says values them in excess of $1 billion.
MindMaze is creating what they call a "neural virtual reality platform," an extension of products the company has created for...
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...
How NASA is Using VR to Explore the Universe
Dr. Jeff Norris works on Mission Operations Innovation at the Jet Propulsion Laboratory Ops Lab. They've been partnering with all of the major virtual reality & augmented reality companies to accelerate the progress in space exploration, designing spacecraft, and...
Consumer Oculus Rift to Arrive with 4-Month Free Trial of Unity Pro
Oculus founder Palmer Luckey revealed today at Vision Summit 2016 that the company would be giving away 4 months of Unity Professional Edition for free with the purchase of an Oculus Rift.
The move comes as a bid to entice consumers...
Unity is Making Big Improvements to Their VR Rendering Pipeline
Unity is making a huge push to position itself as the leading game engine in the virtual reality space today at its Vision Summit where they made a series of new partner announcements and previewed big improvements coming to...
WEVR Unveils ‘Transport’ VR Content Network, Announces Over $25M Investment
Wevr today unveiled Transport, a new VR content distribution platform that they hope will allow developers easier access to a broader market. To that, Wevr announced the results of an investment made by some big names in VR, amounting to the tune of $25M.
Wevr is a virtual...
First Look: Unreal Engine Will Soon Let You Build VR inside VR
Epic Games has unveiled a new feature of its VR-native development platform Unreal Engine 4, the ability for VR developers to build their applications and games from within virtual reality. Here's what it looks like.
The VR renaissance has inspired...
Microsoft Teases the Future of the Super Bowl with HoloLens
Microsoft has splashed out on a promotional video designed to demonstrate its vision of a Super Bowl future, augmented by its untethered, augmented reality headset HoloLens, demonstrating how it could used in the home to enhance the football viewing experience.
Microsoft's HoloLens...
Magic Leap Raises $793.5 Million Series C Investment to Accelerate Adoption of Secretive AR Tech
Magic Leap today announced the closure of a massive $793.5 million Series C investment led by Alibaba. The company has kept their supposedly revolutionary AR tech under wraps to the public, but seem to have no trouble convincing investors...
Sneak Peek at The VOID’s Latest Tech to Feature at TED 2016
The VOID, the virtual reality theme park experience, has caused quite a stir in the industry over the last 12 months. Now, the company are taking their free-roaming brand of mixed reality entertainment to TED2016 and Road to VR's...



















