Japanese VR studio Thirdverse today revealed it's raised $15 million, something the Swords of Gargantua developer says will be used to expand global recruitment and develop new Web3 and VR titles. In its latest round, MZ Web3 Fund has signed...

SideQuest, the sideloading software and unofficial app store for Meta's Quest and Quest 2, announced it completed a $12 million Series A investment, this time led by Google's investment arm, Google Ventures (GV). Founded in 2019 by Belfast-based team Orla...

HaptX, which makes-enterprise focused haptic VR gloves, has announced the closure of a $23 million investment. The company says it will use the cash to accelerate the rollout of its next-gen products. HaptX has been enhancing and refining its enterprise-focused...

Varjo, maker of high-end enterprise XR headsets, this week announced it has raised a $40 million Series D investment to continue building its Varjo Reality Cloud software and deliver a "true-to-life industrial metaverse." Varjo makes some of the highest-end enterprise...

XR Games, the indie VR studio behind Zombieland: Headshot Fever (2021), announced it's secured $7 million (£5.9m), something the studio says will used to grow both its team and intellectual property as it continues to develop new XR games. The latest funding...

TRIPP, a developer creating VR meditation experiences, announced it's secured $11.2 million funding round which it says will be used to expand so it can meet growing global demand for mental wellbeing apps accessible through AR, VR and mobile...

Lynx, the French XR hardware startup known for crowdfunding the Lynx R-1 mixed reality headset, today announced it's secured $4 million in its Series A round, led by social VR platform Somnium Space. Alongside Somnium Space, participants in the latest funding...

Google is adding to its portfolio of XR microdisplay designs and talent, as the company announced it's acquired microLED (µLED) designer Raxium. The acquisition was previously reported by The Information in March, however now Google has confirmed in a blog post that...

Axon, the company best known for its Taser stun guns, has announced the acquisition of VR studio Foundry 45 which it says will bolster its VR training offerings. Founded in 1993, Axon is the company behind the well known Taser...

nDreams, the veteran VR studio behind titles like Fracked (2021) and Phantom: Covert Ops (2020), today announced a $35 million investment from Aonic Group. nDreams was an early adopter of VR, starting with early VR tech demos in 2014, followed by small titles...

Osso VR, the VR surgical training platform, today announced it's closed a $66 million Series C financing round, something the company says will be used to broaden its VR surgical offering and hire more expert talent. The Series C round was...

FOV Ventures is a newly formed venture capital firm which plans to invest in early-stage metaverse startups. The firm says it has raised an initial $18.1 million as part of its first fund. Founding partners David Haynes and Petri Rajahalme announced...

Australia-based Studio Alta, the developer behind A Township Tale, today announced it has raised a $12.4 million seed investment to expand its studio and accelerate development of the game. Studio Alta had been quietly developing its brilliant co-op focused VR game A...

Since 2019 Epic Games (well known as the creators of Unreal Engine & Fortnite) has run the Epic MegaGrants program, a $100 million fund to financially support projects built with Unreal Engine. In 2021 the program awarded grants to 31...

AmazeVR, a Los Angeles-based company creating on-demand VR video, has raised $15 million in funding to refocus its efforts to create VR concerts. The company says its first major immersive concert will feature artist Megan Thee Stallion and debut this...