VR Investment

VR Investment

Social VR Sports Viewing Platform livelike Raises $9.6 Million

Social VR sports viewing startup livelike has announced a Series B investment of $9.6 million. Livelike is building a social sports viewing platform for VR and AR devices. The company's product focuses on connecting remote users into 'virtual suite' where...

Gree VR Capital Completes First $18M VR/AR Fund, Changes Name to GFR Fund

GREE VR Capital, the investment firm backing startups such as VRChat, TheWaveVR, and Littlstar, today announced the completion of its first immersive media fund, totaling $18.3 million in allocated funds. Previously called GVR Fund, the company is now changing its name...

Vreal Closes $11.7 Million Series A Funding, Chet Faliszek Signs on to Board of Directors

Vreal, a VR livestreaming and social broadcast platform, today announced the closure of a $11.7 million Series A funding round led by Axioma Ventures, along with new investors Intel Capital and AET Fund. Existing participating investors include Upfront Ventures, Vulcan Capital and...

Walmart’s Tech Incubator Store No. 8 Acquires VR Startup Spatialand

Wal-Mart, the big-box retail giant, unveiled its Store No. 8 tech startup incubator last year with the aim of researching and investing in emergent tech like AR and VR. Now, Store No. 8 has acquired Spatialand, a startup that has created...

Positron Closes $1.4 Seed Funding to Develop Next Gen of Its VR Motion Chair

Positron, a Los Angeles-based VR technology studio, announced at Sundance that it closed a $1.4 million seed funding deal to further develop the next generation of the company's VR motion chair, Voyager. Funding was provided by Lazar Ventures co-founders Cathleen Ihasz and Nicole...

Oculus-funded VR Experience ‘SPHERES’ Sold at Sundance in “Seven-Figure Deal”

SPHERES, a three-chapter space experience from Darren Aronofsky’s Protozoa Pictures, was just bought by VR finance and distribution firm CityLights in what Variety describes as a "seven-figure deal." While the respective companies are remaining mum on the exact price of the acquisition,...

Investors Poured a Record $2 Billion into VR/AR in 2017, But Early Stage Funding Slowed

In 2017, venture funding of VR/AR companies reached at least $1.9B, ending slightly above 2016. The total number of companies raising venture capital during 2017 outpaced 2016, but the average deal size declined sharply by 35%, according to Greenlight...

SyncThink Closes $3.5 Million Series A Funding to Further Develop VR-based Concussion Detection

SyncThink, a Berkeley-based eye-tracking and brain firm, announced the closing of a $3.5 million Series A-1 funding round led by Quadrant Management. The company expects to use the funds to continue development on their EYE-SYNC technology, a VR-based eye-tracking technology to help...

NGCodec Closes $8M Series A Investment, Aiming to Make Low Latency Cloud-based VR a Reality

NGCodec, a cloud video processing company creating low latency codecs for video and interactive VR, announced the closure of an $8 million Series A funding round, bringing their total funds to $15.9 million. Investors in the most recent funding round...

Go Touch VR Raises $1 Million for Haptic VR Tech, Shows off DK1 Design

Go Touch VR, which is developing a simple haptic device that's surprisingly effective, has raised €837,000 (approx. $1 million) in venture capital for ongoing development. The company has offered a look at the latest version of the VRTouch DK1 dev...

Pimax Completes $15M Series A Funding Round

Pimax, the Shanghai-based VR headset manufacturer known for their upcoming wide field of view headset Pimax '8K', have raised nearly $15 million in their first post-Kickstarter investment round. According to China-based tech publication YiVian, Pimax announced on December 19th that...

Varjo Secures $6.7M Investment, First Batch of “Human Eye-Resolution” VR Prototypes Shipping to Partners Soon

At Slush 2017, Helsinki-based Varjo Technologies today announced an additional investment of $6.7 million from the Finnish business development group Tekes to continue development on their "human eye-resolution" display for VR headsets. The company also announced they'll be shipping their first Alpha Prototype...

HTC Invests in 26 More AR/VR Startups in Vive X Accelerator

HTC today announced its third batch of AR/VR startups backed by the company's Vive X accelerator program. A total of 26 new companies from across the world have been selected to participate in the program with the goal of "building...

Williams-Sonoma Acquires Outward for $112 Million to Expand 3D, AR, and VR Retail Visualization

Williams-Sonoma Inc has announced that an agreement has been reached to acquire Outward Inc for an all cash consideration of $112 million. Williams-Sonoma Inc is a US-based high-end retailer of home furnishings and kitchenware, associated with stores such as Williams...

HTC Announces Multi-million Dollar Vive Art Initiative, Bringing VR to Museums Worldwide

HTC announced a new multi-million dollar VR initiative aiming to support content, creators and institutions that embrace VR not only as an artistic medium itself, but as a way to better immerse users in all forms of art. The company aptly calls the program...
39,929FansLike
13,574FollowersFollow
66,541FollowersFollow
27,800SubscribersSubscribe

Latest Headlines

Features & Reviews