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.
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...
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...
Oculus-funded VR Experience ‘SPHERES’ Sold at Sundance in “Seven-Figure Deal”
SPHERES, a three-chapter space experience from Darren Aronofsky’s Protozoa Pictures, was just bought by VR finance and distribution firm CityLights in what Variety describes as a "seven-figure deal."
While the respective companies are remaining mum on the exact price of the acquisition,...
VirZOOM Closes $5.5M Seed Funding to Develop Second Generation of VR Bike Kit
VirZOOM, makers of VR arcade exercise games and the VirZOOM Bike Controller, announced the successful closure of a $5.5 million seed funding round which the company says will help expand its commercial business worldwide with a second generation of its...
Vicarious Surgical Aims to Raise $460M with $1.1B Valuation for VR Surgery Platform
Vicarious Surgical, a robotics-based medical company, today announced that it's merging with D8 Holdings, a special purpose acquisition company. Vicarious Surgical is slated to go public on the New York Stock Exchange (NYSE) where it is expected to garner...
Facebook’s 2021 XR Investments to Total $10 Billion, Even More in 2022 & Beyond
In the company's Q3 2021 earnings call Facebook today said it expects its XR investments this year to top $10 billion, and advised investors that it plans to spend even more than that in subsequent years.
Facebook's top brass believe...
360fly Catches $40 Million in Series C Funding for Consumer-focused 360 Cameras
Thanks to the recent, headline-capturing releases of both the Vive and the Rift, investment money is continuing to pour into VR-based initiatives and complimentary hardware. An additional $40 million in Series C funding has gone into the coffers of...
Dev Shares Crash Course on VR Game Optimization for Oculus Quest & Mobile Hardware
VR games need to achieve high, stable performance to look good and play comfortably. Optimization is no easy task, especially with the limited resources of mobile hardware like the Snapdragon 835 processor in the Oculus Quest. But there's a handful...
Epic’s ‘Showdown’ Demo Runs at 60 FPS on Morpheus After UE4 Optimizations
Epic's high fidelity Showdown demo was only barely able to hold framerate on one of the most powerful GPUs in the world when it debuted last September. But now, after optimizations for Unreal Engine 4 on PS4, the demo runs on...
‘Neos’ Aims to be the Google Docs of VR World Building
We catch up with Sightline creator Tomáš 'Frooxius' Mariančík whose work to create the Google Docs of VR world building with his latest project Neos, is progressing rapidly.
We've not heard much of Tomáš 'Frooxius' Mariančík, the developer behind the excellent...
Pico Reportedly to Release ‘PICO 4S’ Headset, Following New Trademark & Leaked Controller Design
The Game Developer Conference (GDC) is coming up next week, which could give ByteDance's XR subsidiary Pico Interactive a perfect opportunity to showcase what, according to a recent trademark and leaked controller model, could be its next standalone VR headset.
A...
‘Arizona Sunshine’ Studio Working on Unannounced “AAA VR game” Based on a Global Franchise
According to a recent job offer posted by Amsterdam-based developer Vertigo Games, pre-production has begun on a "high-profile, multiplatform AAA VR game," which is said to be based on a globally recognized franchise.
Posted earlier this month, the studio is looking...
Video Gives Us a Peek Into the Future of How AR and VR Will Work Together
We're all waiting for the day when you can put on a singular, tether-free headset and experience all the 'R's that VR/AR/MR have to offer—and NormalVR, a "small but focused" group of passionate immersive media creators just gave us a peek...
‘BoxVR’ Developer Raises $1.25 Million to Expand VR Fitness Focus
FitXR, the studio behind BoxVR (2017), today announced that it has raised a $1.25 million seed investment led by Boost VC.
BoxVR is a fitness focused VR boxing rhythm game that's garnered a positive reception on both Steam and Oculus platforms...
Building the Metaverse with janusVR
James McCrae wants to lower the barrier to entry for creating virtual worlds with janusVR. He has a PhD in computer science from University of Toronto, and he's created a sophisticated technology stack that allows front-end web developers to...



















