Lenovo's own investment group and wearable displays manufacturer Kopin Corporation have formed a joint venture named Lenovo New Vision. The combination of Lenovo Capital and Incubator Group's (LCIG) global resources and Kopin’s wearable technology expertise hopes to grow the enterprise Augmented Reality...

STRIVR Labs, a company focused on using VR for sports training, plans to use a new $5 million investment to expand the scope of its "experiential learning" platform. According to a press release from the company, Strivr's $5 million Series A...

Survios, the VR development studio behind the Vive title Raw Data, has announced a whopping $50 million in funding to further expand its VR content offerings. The new round makes the company the most funded pure VR development studio to date. Survios'...

Uncovered among recent regulatory filings, VR metaverse company High Fidelity has raised $22 million in new funding. The company, which has reportedly raised $17.45 million across four prior venture investments, has raised a new round of venture capital to the...

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...

Melbourne-based firm Zero Latency has raised $7 million in venture funding. The company specialises in out-of-home ‘warehouse scale’ local multiplayer VR experiences, and is beginning to open attractions around the world. Consumer VR headsets are optimised for use in a...

After years of record-breaking venture funding in the virtual reality industry, we wondered if 2016 would continue on its torrid pace. The numbers are starting to roll in, as reported in the new Fall edition of the 2016 Virtual...

HTC and the Shenzhen Municipal Government announced plans to set up a joint China VR Research Institute, creating a 10 billion RMB (~$1.45 billion USD) Shenzhen VR Investment Fund to accelerate the development of the VR industry in China. China’s third...

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...

Thalmic Labs, makers of the gesture control armband MYO may be working on a new VR controller, a wristband device which senses the position of your fingers. The company is teasing new products after closing a whopping $120 million...

Fledgling production studio The Rogue Initiative have revealed their first VR game project as Crowe: The Drowned Armory, an original sci-fi fantasy adventure which, from the newly release key art, looks promising. The Rogue Initiative describe themselves as a "full spectrum...

Vertebrae, a virtual reality advertising platform that promises to bring ad supported monetization to VR publishers, today announced a $10 million series A fundraising. Vertebrae's platform, now out of stealth, is currently in private beta for use by content publishers such as entertainment...

Steel Wool Studios has picked up a $5 million investment from HTC. The studio was formed in 2011 by Pixar and LucasArts alumni. Steel Wool Studios, which today announced a $5 million Series A investment from HTC, was founded in...

NextVR, a firm specializing in live VR streaming, has today announced an $80 million Series B investment with which the company aims to expand international operations. "The Series B investment positions NextVR to accelerate development of its virtual reality platform...

TheWaveVR is a social VR music platform which allows DJs to mix tracks live in VR in front of a virtual audience which can connect to experience the performance from around the world. The company announced today that it's raised...