VR Investment

VR Investment

Coatsink, Veteran VR Studio of ‘Jurassic World Aftermath’ and Others, Acquired for up to $85 Million

Veteran VR studio Coatsink, currently in development of Jurassic World Aftermath,  has been acquired for $30 million by game publisher Thunderful. Coatsink is a British game studio and publisher founded in 2009. Though the studio doesn't deal exclusively in VR games, about...

‘Swords of Gargantua’ Creators Thirdverse Secures $8.5M Funding for More VR Games

Thirdverse, the Tokyo-based VR game studio behind Swords of Gargantua (2019) and upcoming shooter Frostpoint VR: Proving Grounds, announced that it's secured $8.5 million in funding, something the company says will allow them to grow and make more VR games. The Series...

‘The Walking Dead: Onslaught’ Developers Survios Secures $16.7M Funding

Survios, the studio behind VR titles The Walking Dead: Onslaught (2020), Creed: Rise to Glory (2018), and Raw Data (2017), has secured another round of financing to the tune of $16.7 million. The news was first reported by Venture Beat. Survios' latest...

Unofficial Quest App Store ‘SideQuest’ Raises $650,000 From Oculus Founder & Others

SideQuest is an unofficial app store for Facebook's Oculus Quest headset which offers an avenue for developers to distribute apps without being subject to Oculus' approval process. The team behind the project has raised $650,000 in seed investment, including...

Osso VR Secures $14M Investment to Further Develop VR Surgical Training Platform

Osso VR today announced it has raised $14 million in Series A funding to further develop its VR surgical training platform. The financing round was led by Kaiser Permanente Ventures, with participation from SignalFire, GSR, Scrum Ventures, Leslie Ventures and OCA...

Varjo Raises $54M Financing to Support Its Retina-Quality VR/AR Headsets for Enterprise

Varjo, the Helsinki, Finland-based creators of high pixel density VR/AR headsets for enterprise, today announced it's closed a $54 million Series C funding round. The company says it will use the funds to accelerate the global expansion and development of its...

‘Moss’ Developer Polyarc Raises $9 Million to Expand into AR Development

Polyarc, the game studio behind the hit VR title Moss (2018), announced today that is has raised $9 million to grow the studio's expertise in augmented reality development in addition to virtual reality. As an indie studio, Moss is so far...

Company Raises $30M to Make Programing Industrial Robots Easier With the Help of SteamVR Tracking

In an interesting bit of news which shows Valve's SteamVR Tracking technology used in a non-VR application, robotics company Wandelbots has raised a $30 million Series B investment around their TracePen tool, a motion-tracked stylus which makes it easy...

‘BoxVR’ Studio FitXR Raises $7.5 Million to Expand Operations & VR Fitness Products

FitXR, the studio behind VR fitness app BoxVR, today announced that it has raised $7.5 million to expand its operations and VR fitness offerings. Following its first raise of $1.25 million at the end of 2018, FitXR has just added another...

Virtual Concert Platform ‘Wave’ Secures $30M in Series B Funding

Wave, the social VR platform and virtual music venue, today announced a $30 million Series B funding round, putting its total funding to $40 million to date. The funding round was led by Maveron with participation from Griffin Gaming Partners....

Apple Confirms Acquisition of VR Live Streaming Company NextVR

NextVR, the live event broadcasting platform for VR headsets, has been acquired by Apple in what was reportedly a $100 million purchase. Update (March 15th, 2020): For the first time since reports broke back in April, Apple has confirmed that...

Vantage Point Secures $2.25M Investment for VR Enterprise Training Platform

Vantage Point, the enterprise-focused training company, announced a $2.25 million investment, something that will help them further develop their platform which was created to increase empathy and accuracy of retention through VR-based training. The latest round of investors includes former...

XRHealth Secures $7M Investment to Expand Its AR/VR Telehealth Platform

XRHealth, a Boston-based medical company, today announced that it's raised $7 million in funding to expand its telehealth platform targeted at VR headset users. The company announced the funding via a press statement today, stating that the new funding round was led by...

Roto VR Picks up $1.86M Investment to Support Roll-out of Rotating VR Chair

Roto VR, the UK-based makers of the eponymous 360-degree VR chair, today announced its completed a £1.5 million (~$1.86 million) funding round. Investors include Consumer Venture Capital Trust, Pembroke VCT, and The TVB Growth Fund. You may remember Roto VR...

Strivr Secures $30M Series B Financing to Accelerate Adoption of VR Training

Strivr, the immersive VR training company, announced the successful completion of a $30 million financing round, something the startup says will help it further expand adoption of enterprise-focused immersive learning. The Series B financing round was led by Georgian Partners,...
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