VR Investment

VR Investment

Avatar Creation Tool ‘Ready Player Me’ Raises $13M to Provide Metaverse-wide Avatars

Wolf3D, the Estonian startup behind web-based avatar creator Ready Player Me, has closed a $13 million funding round. The company says it will use the funds to further build out its avatar creation tools and eventually allow developers to earn...

Resolution Games Acquires Studio Behind ‘Carly and the Reaperman’ Quest Port

Resolution Games, a leading developer of XR content, has acquired Zero Index, the studio which helped bring Odd Raven Studios' VR co-op game Carly and the Reaperman (2018) to the Quest platform earlier this year. Zero Index is a game studio...

Leading Hand-tracking Company Ultraleap Raises $82 Million Investment

Ultraleap, a leading company focused on hand-tracking interfaces, this week announced it has secured a £60 million (~$82 million) Series D investment, with the goal of expanding its hand-tracking and mid-air haptic tech in the XR space and beyond. Formerly known...

Social VR Startup Raises $57 Million Investment Led by Major Japanese Mobile Network

Japanese social VR startup HIKKY announced today that it has raised ¥6.5 billion (~$57 million), led by Japanese mobile network operator NTT Docomo. The startup says it will use the funds to expand its web-based metaverse platform. Founded in 2018,...

Sandbox VR Announces $37M Series B Funding to Expand Out-of-home VR Locations

Out-of-home VR destination Sandbox VR today announced an additional $37 million funding round that the company is using to support its continued expansion. In addition to its dozen worldwide locations, Sandbox VR says it's working to nearly doubling that. The Series...

Promising VR MMO ‘Zenith: The Last City’ Just Got a Huge Boost With $10 Million in...

Ramen VR, the studio behind the upcoming VR MMO Zenith: The Last City announced today that it has raised $10 million in venture capital. The game is set to launch later this year on all major headsets. Zenith: The Last City got...

XR Training & Gaming Startup Touts $5.2M Investment and Lamar Jackson Partnership

XR startup StatusPRO has announced it has raised a $5.2 million seed investment. While the company hasn't fully revealed its product, it says it's using AR and VR to create immersive sports training and gaming experiences. Teasing a partnership...

VR Studio Behind Movie Tie-in Games Aims to Kick-start Original IP with $2M Investment

UK-based VR studio XR Games, known for its recently released Zombieland VR game, announced this week that it has raised an additional £1.5 million (~$2 million) investment to expand its studio with 20 new jobs and a focus on...

A VR Newcomer Just Raised $7 Million to Build Social VR Games

VR developer ForeVR Games today announced it has raised an additional $7 million in seed capital, bringing its total capital raise to $8.5 million. The studio is focused on bringing classic real world games—like bowling—into VR with an emphasis...

Rezzil Secures $2.75M Investment for Oculus Quest Sports Training App ‘Player 22’

Rezzil, a UK-based VR sports training and analytics startup, announced that its secured an investment round of over £2 million (~$2.75 million), which will be used to promote its new consumer-focused sports training platform, Player 22. Rezzil's investors include soccer professionals...

Haptic VR Glove Company HaptX Raises $12 Million in New Funding

HaptX, the company building VR gloves with advanced haptics, this week announced that is has raised $12 million in a Series A-1 investment which will be used to open a new headquarters based in Redmond, WA, and expand its...

Resolution Games Secures $25M Series C Funding, ‘Demeo’ Surpasses “multi-million dollars” in Revenue

Resolution Games, the studio behind popular multiplayer VR titles Demeo (2021) and Blaston (2020), today announced it has secured a Series C funding round of $25 million. The Stockholm-based company says the investment will be used to bring "proper...

Osso VR Raises $27M Series B to Expand Its VR Surgical Training Platform

Osso VR, the creators behind the immersive surgical platform, today announced its secured $27 million in Series B financing. The funding round was led by GSR Ventures, with participation from Signalfire, Kaiser Permanente Ventures, OCA Ventures, Scrum Ventures, Leslie Ventures,...

‘Wraith: The Oblivion VR’ Studio Fast Travel Games Raises $4M Investment

Fast Travel Games, the Sweden-based VR developer and publisher behind titles such as Wraith: The Oblivion - Afterlife (2021) and Apex Construct (2018), today announced a new investment worth $4 million. Brightly Ventures, a Nordic early-stage tech investment firm, led the...

‘VRChat’ Secures $80M Series D Funding to Create its Own Digital Economy

VRChat, the popular social VR platform, announced its secured a Series D funding round of $80 million, which brings to the startup more than five times its overall lifetime investment. The round was led by Anthos Capital, alongside participating investors...
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