VR Investment

VR Investment

Masters of Pie Secures $4.7M to Further Develop AR/VR Tools for Enterprise

Masters of Pie, an enterprise-focused AR/VR studio, announced its secured £3.6 million (~$4.7 million), something the company says will help double its development team and add support for cloud streaming and IoT data to its flagship product, Radical SDK. The funding...

Social AR/VR Workspace ‘Spatial’ Secures $14M Series A Financing

Spatial, a New York-based startup behind the eponymous real-time AR/VR collaboration platform, has secured $14 million in additional financing, bringing its overall funds to $22 million. The latest funding round was led by White Star Capital, iNovia and Kakao Ventures, with...

CREAL Picks up $7.4 Million in Funding for Its Light-field Tech

When we caught up with CREAL and its light-field tech at CES 2020 this week, the founders also filled us in on the latest happenings with the company, including the closure of a recent funding round which, between investments...

FundamentalVR Raises $5.6M Investment to Further Develop VR Surgery Training Tools

FundamentalVR, a company specializing in VR medical training, has closed a £4.3 million (~$5.6 million) Series A funding round in effort to further develop its surgical training and data analysis platform, Fundamental Surgery. The funding round was led by Downing...

Sandbox VR Raises $11M Investment from Will Smith, Justin Timberlake, Katy Perry & More

Sandbox VR, the location-based VR attraction, announced an additional $11 million in funding from some of the biggest household names in entertainment and investment. Sandbox VR says in a press statement that their latest investment brings their total funds to...

Backed by $4.4M in Funding, Devs Behind ‘Job Simulator’ & ‘Fantastic Contraption’ Announce New XR Startup

Developers behind critically acclaimed VR games Job Simulator (2016) and Fantastic Contraption (2016) today announced they're founding a new studio dubbed Absurd Joy. To give them a big push along their quest to "invent entirely new ways to interact, play, and experience immersive...

Applications for Vive X, HTC’s AR/VR Startup Accelerator, Close September 30th

The application deadline for HTC's VR startup accelerator program is coming up quickly on September 30th. Now in its fifth batch of investments, the Vive X accelerator aims to help grow the global AR/VR ecosystem by providing tools, expertise,...

Immersive Social Platform ‘VRChat’ Raises $10 Million in Venture Capital

VRChat announced today that it has closed a $10 million Series C investment to continue expanding its immersive social platform which is steeped in user-generated content. VRChat is an immersive social platform that allows VR and non-VR users to socialize...

Light Field Lab Secures $28 Million to Develop Holographic Displays

Light Field Lab, known for its advancements in light-field display technology, successfully completed a Series A funding round, scoring the firm over $28 million in venture capital to manufacture and distribute working products. The investment round was led by...

Studio Behind Social VR App ‘Rec Room’ Raises $24 Million in Funding

Against Gravity, the studio behind the popular social VR game Rec Room, has raised an addition $24 million in venture capital across two investment rounds. Speaking to TechCrunch, Against Gravity says that it has raised $24 million in venture funding in...

‘BoxVR’ Developer Raises $1.25 Million to Expand VR Fitness Focus

FitXR, the studio behind BoxVR (2017), today announced that it has raised a $1.25 million seed investment led by Boost VC. BoxVR is a fitness focused VR boxing rhythm game that's garnered a positive reception on both Steam and Oculus platforms...

BigBox VR Secures $5M Financing to Further Develop VR Battle Royale ‘POPULATION: ONE’

BigBox VR, the VR studio behind the critically-acclaimed multiplayer shooter Smashbox Arena (2016), today announced that it has secured $5 million in a seed funding round led by Shasta Ventures, with additional funding from GSR Ventures and Pioneer Square Labs...

China’s Jiangxi Province Promises to Invest $460 Million in AR/VR

Aiming to become a hub for AR and VR development, the government of China's Jiangxi province says it plans to raise funds totalling $460 million to be invested into AR and VR companies. Last week the first ever World Conference...
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Spatial Raises $8 Million Seed Investment for AR/VR Collaboration Platform

After two years in stealth, Spatial today announced an $8 million seed investment to build out its AR/VR collaboration platform. Spatial is building an immersive workspace that allows multiple users to connect through AR and VR headsets, as well as...

Varjo Raises $31 Million to Further Develop ‘Bionic Display’ Headset

Finland-based headset maker Varjo has announced it has raised a $31 million Series B investment to continue the development of its novel 'Bionic Display' headset which incorporates a high-density display with a wide field of view display as a...
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