VR Investment

VR Investment

VR Meditation App ‘Tripp’ Raises $11M Series A Investment

TRIPP, the Los Angeles-based startup behind the eponymous VR meditation app, has secured a Series A investment amounting to $11 million. The investment, which was announced via TechCrunch, was led by Vine Ventures and Mayfield with participation from Integrated. This brings...

VR Education Platform ‘ENGAGE’ Raises $10.7M to Build ‘Oasis’ Metaverse for Business

VR Education Holdings, the company behind the social VR platform ENGAGE, announced it's raised €9 million (~$10.7 million) which will help it expand beyond the realm of immersive education & training and into a new product called ENGAGE Oasis....

Holoride Secures $12M Funding to Create Immersive in-car VR Experiences

Holoride, the Audi co-founded startup aiming to inject immersive VR and AR into everyday car travel, announced it's raised a €10 million (~$12 million) Series A investment round. The company first unveiled its tech back at CES 2019, showing off 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...

Social VR App ‘Rec Room’ Raises $100M Financing, Now at $1.25B Valuation

Rec Room, the social VR platform, announced it has secured a $100 million financing round, bringing the company's valuation to $1.25 billion. This makes it one of the most valuable VR companies outside of platform holders Facebook, Valve, and...

AppliedVR Secures $29M Funding to Pursue FDA Approval for VR Pain Management Tech

AppliedVR, a virtual reality pain management startup, today announced it has secured $29 million in funding, something it aims to use in pursuit of FDA approval for its cognitive behavioral therapy-based pain management tech. The Series A financing round includes F-Prime...

Pico Raises $37M Series B+ Financing, Neo 3 Standalone to Release in Q2 2021

Pico Interactive, the Beijing-based VR headset creator, announced it has secured a fresh funding round of ¥242 million RMB (~$37 million), something the company says will help launch new hardware. Update (March 11th, 2021): Pico has provided Road to VR...

Psychic VR Lab Raises $8.5 Million to Grow Browser-based XR Development Platform

Japan-based Psychic VR Lab has announced the close of an $8.5 million investment to grow its cloud-based XR development platform, STYLY. Psychic VR Lab is the company behind STYLY, a browser-based tool which allows creators to easily build cross-platform 3D...

Vertigo Games Acquires VR Arcade Game Distribution Platform SpringboardVR

Vertigo Games, the studio behind Arizona Sunshine (2017) and upcoming VR shooter After the Fall, today announced that it has acquired SpringboardVR, creators of the eponymous location-based VR content distribution platform. The acquisition amount was undisclosed, however the move is slated...

Educational Studio Kuato Raises $6M to Build Asymmetric VR Games

Kuato Studios, a UK-based creator of educational games, announced it has raised £4.5M (~$6.1M USD) as the company takes a stride into virtual reality gaming for the first time. Led by Hong Kong venture capital firm Horizons Ventures, the company says...

Zynga Veterans Unveil New VR Studio ‘ForeVR’, Announces $1.5M Seed Funding

A new VR studio founded by a pair of Zynga veterans has emerged from stealth with some not-so-inconsequential funding. Called ForeVR, the studio recently revealed it's also raised $1.5 million to build VR games for all ages. The news was...

Arthur Technologies Raises $2.5M for Its VR Office Collaboration Software

Munich, Germany-based AR/VR software company Arthur Technologies today announced it's successful raised $2.5 million in seed funding. The company is also launching a beta of its VR collaboration software, Arthur. The seed round was led by Silicon Valley venture capitalist...

CREAL Raises $7.2 Million to Bring its Light-field Display to AR Glasses

Switzerland-based CREAL is developing a light-field display which it hopes to bring to VR headsets and eventually AR glasses. In November the company raised CHF 6.5 million (~$7.2 million) in a Series A+ investment round to bring on new...

Immerse Raises $1.5M to Expand Its VR English Language Classes Worldwide

Immerse, a language learning startup focusing on teaching English in VR, has secured a $1.5 million Series A investment, something the company says will allow them to both expand the current product to Oculus Quest 2, and set up...

Pimax Secures $20M Series B Funding to Further Develop Wide Field of View VR Headsets

Pimax, the Chinese startup building wide field of view (FOV) virtual reality headsets, has secured $20 million in Series B financing. Shortly after completing its successful Kickstarter campaign in late 2017, which garnered the company $4.2 million in crowdfunding to produce...
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