AMC Theaters, the largest cinema chain worldwide, and largest in the United States, has announced a strategic investment in Dreamscape Immersive, a firm developing multi-user out-of-home VR attractions. AMC is leading a $20 million investment in the company—aimed at...

VRChat, one of the earliest social VR apps, announced that they've completed a $4 million Series A investment round lead by HTC's Vive group. Joining HTC are venture capital firms Brightstone VC, GVR Fund and Rothenberg Ventures. The Series A funding round...

Inception’s ambitions to become the ‘Netflix of VR’ have just received a major boost, with the Tel Aviv-based company closing a $15 million Series A funding round led by media and broadcast giant RTL Group. Launched in October 2016,...

This evening AltspaceVR has announced it will be closing its doors for good on August 3rd. Founded in 2013, the social VR platform was one of the first to come online and connected tens of thousands of users monthly...

New York City’s Deputy Mayor for Housing and Economic Development, Alicia Glen, recently announced the selection of NYU Tandon School of Engineering to “develop and operate” the “first government-funded” VR/AR hub for education, training, research, investment and business creation...

nDreams, creators of The Assembly and publishers of the upcoming brawler Bloody Zombies, have completed an additional £2 million investment with Mercia Technologies, and £700,000 from private investors to create more VR games. In addition, nDreams has signed a deal to bring exclusive new...

inXile Entertainment, the studio behind The Bard's Tale franchise including VR dungeon crawler The Mage's Tale (2017), today announced they've raised a combined investment of $4.5M intended for equity in the company and as funds to develop an unannounced open world survival RPG VR game. Investment...

Kyle Russell is on the deal & research team for venture capital firm Andreessen Horowitz (aka A16z) where he's focusing on investing in technologies ranging from virtual & augmented reality, artificial intelligence, drones, and other exponential technologies like quantum computing....

In an interesting move, Google has acquired Owlchemy Labs, makers of the multi-platform hits Job Simulator (2016) and Rick and Morty: Virtual Rick-ality (2017). As far as VR game studios go, Owlchemy Labs is not only one of the most senior, but...

HTC's Vive X accelerator is a $100 million fund for AR/VR companies that the company announced last year. Today HTC is revealing the second batch of companies that will receive investments and mentorship from the program. 33 seems to be...

Wal-Mart Stores Inc, the big-box retail giant, is focusing on the future of VR and AR, along with other emergent technologies, with its newly unveiled tech startup incubator. According to a Bloomberg Technology report, Wal-Mart is creating the incubator to "identify...

Bigscreen Inc, the company behind the social VR desktop app, Bigscreen, last year told us they'd raised a seed round from "Tier 1" VC firms. Today the company has announced details of that round and where they're heading next. Bigscreen is simple but...

Zappar, a London-based developer in the Augmented Reality space, is announcing the closing of its Series A funding round. The $3.75m investment will accelerate the development of several new products along with increased support for ZapWorks, their flagship content...

With 2015 breaking previous records, industry observers entered 2016 wondering if VR/AR funding would be able to keep pace. Guest Article by Clifton Dawson Clifton is Founder & CEO of Greenlight Insights, a specialty market intelligence company focused exclusively on the...

Virtualitics is new company started by NASA JPL and Caltech alum. offering a new platform to leverage the immersive properties of virtual reality in order to better aid human comprehension and use of 'Big Data'. You've likely heard the term...