VR Investment

VR Investment

STRIVR Secures $16M Series A Financing to Expand Enterprise VR Training

STRIVR, the immersive VR training company, announced a $16 million round of financing led by GreatPoint Ventures (GPV) that is said to advance the company’s further expansion into the enterprise market. With this investment, GPV Managing Partner Ray Lane...

Early VR Pioneer CCP Games Acquired by ‘Black Desert Online’ MMO Developer for $425M

CCP Games, an Icelandic game studio known for the long running EVE: Online MMO and their eager jump into and eventual backpedaling in the VR space, has been acquired by Korea-based developer Pearl Abyss, the studio behind the MMO Black...

Pico Raises $24M Series A Funding, Goblin 2 Standalone Headset Announced

Pico Interactive, the Beijing-based standalone VR headset manufacturer, successfully completed a ¥167.5 million RMB (~$24.7 million) Series A funding round. To accompany the news, Pico also announced their second iteration of their Goblin standalone headset, dubbed G2. As reported by...

Supermedium Raises $1.1M Seed Funding to Further Develop Web-based VR

Supermedium, the team behind the eponymous VR web browser released earlier this year, recently raised a seed investment round of $1.1 million. As reported by Tech Crunch, funding comes from Y Combinator, General Catalyst, Boost VC, Anorak Ventures, Candela Partners, Social...

Facebook Spent Over $88M This Year on Oculus’ Seattle Area Satellite HQ

Oculus has been on quite the hiring spree as of late, with over a hundred positions currently advertised on the company's career website aimed at bringing hardware and software engineers into the Seattle area. Now, a report from real...

Penrose Studios Raises Another $10 Million for VR Animation and Storytelling

Having announced an $8.5 million seed investment back in March 2016, VR animation firm Penrose Studios is adding another $10 million to the pile for its Series A investment. Led by TransLink Capital, the round also saw participation by SalesForce founder...

‘Waltz of the Wizard’ Studio Aldin Raises $1M to Fuse VR & AI in New Title

VR veterans Aldin, the indie studio behind Waltz of the Wizard and other early and innovative VR titles, has announced the closure of a $1 million Seed investment. The money will be used to support the studio's next project which...

High Fidelity Raises $35M Series D Financing to Further Develop Social Platform & Blockchain Tech

High Fidelity, the social VR platform founded by Second Life founder Philip Rosedale, today announced it's successfully closed a $35 million Series D financing round. The company says it's using the funds to continue development on its global infrastructure for VR experiences, to accelerate hiring, and...

Beyeonics Raises $11.5M to Further Develop AR/VR Surgical Visualization Platform

Elbit Systems, an Israel-based defense company, recently announced that its medical technologies subsidiary Beyeonics Surgical successfully concluded its first funding round of $11.5 million, which the company says will be used to expand product development and accelerate commercialization of its...

InstaVR Raises $5M Series B to Further Grow Its Enterprise VR Authoring Platform

InstaVR, a VR authoring, publishing, and analysis company, announced it has successfully closed a Series B financing round, which the company says will help further its mission in providing enterprise customers the tools to create their own VR apps....

NOLO VR Completes $10 Million Series A Financing Led by BlueRun Ventures

Nolo VR, the China-based company behind the 6DOF mobile tracking system Nolo CV1, today announced they have successfully completed a $10 million Series A financing round. The Series A was led by the Menlo Park-based BlueRun Ventures, and included...

Exiii Raises $750K for Haptic VR Gloves with Force Feedback

Japan-based startuped Exiii, which is developing a pair of haptic gloves with force feedback, has raised $750K for continued R&D, expansion of sales channels, and growing the company's team. Back in March we wrote about Exiii's two haptic VR gloves,...

HTC & Shenzhen Government Team Up for $160 Million Investment Fund

Between HTC's Vive X accelerator and the VRVCA investor consortium that it heads, the company is already very active in the VR investment space. But today the company announced a brand new investment fund of some $160 million in...

Virtualitics Closes $7M Series B Round to Further Develop VR/AR Data Visualization Platform

Virtualitics, a big data visualization and analytics company, announced the successful close of a $7 million Series B round of equity funding led by investment group Centricus, and participated by existing investor the Venture Reality Fund (‘The VR Fund’) and...

VR Design Tool ‘Gravity Sketch’ Raises $1.7 Million With Participation from Wacom

Gravity Sketch, a concepting & design tool made for VR, has raised $1.7 million in venture capital. Gravity Sketch, which allows VR users to quickly and easily sketch out 3D industrial design concepts, today announced that the company has raised a $1.7...
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