Rendever, the company behind Tilt Brush-based multiplayer Quest app MultiBrush (2022), has secured nearly $4.5 million in grant funding from the U.S. National Institutes of Health (NIH), which the company says it will use to bring its elder-focused VR...

Virtualware, the Spain-based XR and 3D simulation software company, announced it's secured a €5 million ($5.8 million) deal to broadly roll out its VIROO platform in vocational training facilities supported by Spain's Ministry of Education. The six-year contract allows Virtualware...

Mojo Vision announced it's secured a $75 million Series B Prime investment round, which the company says will support the commercialization of its powerful and flexible micro-LED platform for XR glasses. The round was led by Vanedge Capital, and included...

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...

Australian immersive training technology company xReality Group announced its subsidiary Operator XR has secured a contract with the Texas Department of Public Safety (Texas DPS) worth up to AUD $5.71 million (~$3.7 million USD), which will see the rollout...

UK-based startup Freeaim kicked off a new Kickstarter campaign yesterday to support the release of a pair of motorized shoes designed to enable natural walking in VR, essentially giving your feet two independent treadmills to walk on. VR treadmills are...

VR treadmill company Virtuix launched a crowd-based investment campaign late last year to further scale Omni One, its consumer-focused VR locomotion device. Now, the campaign’s second phase (Series B-2) has come to an end, garnering the company over $3...

TDK, the Japan-based electronic component and software company, announced it's acquired SoftEye, the US-based smart glasses hardware and software maker. TDK calls the acquisition of SoftEye a "key milestone in the development of TDK’s contribution to the entire AI ecosystem...

Wevr, the veteran XR studio behind one of VR's earliest and most recognizable VR demo, announced it's now secured $3.5 million in new funding from HTC Corp. and Epic Games. It's been almost a decade since VR enthusiasts first got...

Fast Travel Games, the developer and publisher behind a host of VR games, announced it's closed a new investment of $4 million, something the company says will help it further develop its own IP for VR platforms as well...

Windup Minds is a newly announced XR studio which has raised a $1.6 million seed investment for immersive experiences focused on virtual pets and companions. Windup Minds was founded earlier this year by Bernard Yee, Ben Vance, Amy Conchie, and Stefani...

ShapesXR is a collaborative spatial design app built to make it easy to prototype spatial interfaces, interactions, and environments. The company announced today it has raised an $8.6 million seed investment, part of which the company plans to use...

Pimax, the China-based creator known for its wide field of view (FOV) VR headsets, announced it's secured a $30 million series C1 financing round, something the company says will aid in the rollout of its new portfolio of VR...

Prisms VR, an immersive platform for teaching math, announced it's raised $12.5 million in a Series A round, which the company says will be used to expand its VR math literacy platform to more schools across the US. Led by...

Gemba, the corporate VR learning platform, announced it's closed an $18 million Series A funding round, which the company says will be used to continue expansion into Europe, the Middle East, Africa, and North America. The latest funding round was...