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.
Taking the Long-view: The VR Future Starts in 2016
In the second of a new regular series of reports, Noah Nelson looks at virtual reality's rocky road ahead as the VR industry grapples with the unenviable task of convincing a cynical world, beyond the enthusiasts, that virtual reality is here, it's...
Top Investors Discuss VR and AR Strategies and Opportunites at IMMERSE 2016
Business leaders gathered at this year's Seattle based IMMERSE Summit (previously Sea VR) to explore how VR/ AR and Mixed Reality is transforming manufacturing, design, education, health and medicine and much more. Road to VR's Michael Glombicki caught up with...
Oculus Creates Guide to Help VR Devs Make Highly Optimized Games
Oculus recently published a new guide on how to optimize VR experiences along with some of the common pitfalls for devs to watch out for when tracking down and solving VR performance issues.
VR developers are obsessed with keeping their...
CREAL Secures $8.9M Funding to Miniaturize Light Field Display for AR Glasses
Switzerland-based light field display startup CREAL announced its closed a $8.9 million equity funding round, which the company says will accelerate the miniaturization of its light field module for AR glasses.
The equity funding round was led by ZEISS, the...
Ubiquity6 Raises $27M Series B, Debuts Its First Public Multiuser AR Experience at SFMOMA
Ubiquity6, the AR startup that came out of stealth earlier this year, announced the successful completion of a $27 million Series B finance round. The latest round was co-led by Benchmark and Index Ventures, with Benchmark taking a seat...
‘Gorilla Tag’ Has Topped $100M in Revenue, Making it One of VR’s Most Successful Games
VR studio Another Axiom today announced that its breakout title, Gorilla Tag, has surpassed $100 million in revenue. The company shared other key metrics about its player population that shine light on the state of the VR market.
Not long after...
Studio Behind Social VR App ‘Rec Room’ Raises $24 Million in Funding
Against Gravity, the studio behind the popular social VR game Rec Room, has raised an addition $24 million in venture capital across two investment rounds.
Speaking to TechCrunch, Against Gravity says that it has raised $24 million in venture funding in...
Sightful Unveils ‘Spacetop G1’ Headless AR Workstation, Aiming to Best the Rest in Battery Life
Fresh out of stealth last year, AR workstation startup Sightful today unveiled Spacetop G1, which promises to let you work in AR for up to seven hours before needing a recharge.
Initially revealed last year alongside the announcement the company...
Augmented Reality Startup Ubiquity6 Emerges from Stealth With $10.5M in Funding
Ubiquity6, an augmented reality startup only a few months out of stealth, today announced a $10.5M Series A round led by Index Ventures, with First Round Capital, Kleiner Perkins, Google’s AI fund Gradient Ventures, LDVP, A&E Networks and WndrCo.
The company,...
Mindshow Unveils Enterprise Virtual Production Suite for XR Animation, Former Hulu Executive Signs on as COO
Mindshow, the real-time CG animation company, unveiled its virtual production platform for enterprise partners looking to use XR headsets to speed up the animating process. The company additionally announced the appointment of David Baron as Chief Operating Officer, a...
‘Tokyo Chronos’ Studio MyDearest Secures $7.8M to Further Expand IP on Quest & PSVR 2
MyDearest, the Japan-based VR studio behind the Chronos adventure game franchise, announced it's secured $7.8 million (1.2 billion yen), something the studio says it will use to expand its existing IP for VR headsets, such as Meta Quest and...
Microsoft Reportedly Orders Samsung Micro OLEDs to Restart XR Hardware Ambitions
According to a report from Korean tech outlet The Elec, Microsoft has contracted Samsung to supply micro OLED display panels for what is described as "next-generation mixed reality devices."
Citing industry sources, the report maintains the order could reach into...
Envelop VR Closes Series A Funding With Google Ventures to Deploy VR Productivity Environment
Envelop VR, a company working on a productivity focused virtual reality environment, today announced they'd closed their Series A funding at $5.5 million with additional investment from Google Ventures.
While VR is great for entertainment, it's also has potential to revolutionize...
Quest 3 Has Higher Effective Resolution, But This is Why Vision Pro Still Looks Best
Take a look around the web at reviews of Vision Pro and you’ll find that practically everyone agrees: Vision Pro’s display is excellent. Words like “crisp,” “smooth,” and “4K," are commonly used when people are talking about the headset's...
Arthur Technologies Raises $2.5M for Its VR Office Collaboration Software
Munich, Germany-based AR/VR software company Arthur Technologies today announced it's successful raised $2.5 million in seed funding. The company is also launching a beta of its VR collaboration software, Arthur.
The seed round was led by Silicon Valley venture capitalist...



















