Archives for Business
Echo3D Has Raised $4 Million for Cloud Authoring AR, VR and 3D
New York-based Echo3D raised $4 million for use in cloud authoring of virtual reality, augmented reality, and 3D content for various applications. Echo3D which was previously known as EchoAR wants…
Nreal Announces New AR Glasses, $100 Million Investment at $700 Million Valuation
With the fresh infusion of capital, Nreal is planning to grow more in the international markets and build new products. New AR glasses set to be unveiled next week. Nreal,…
Facebook Purchased Daqri Patents
Facebook acquired the patents of a flopped mixed reality startup and no, it isn’t Magic Leap. Instead, Facebook has gone for the patents of Daqri, a failed AR hardware manufacturer…
Virtual Reality is on the Rise in 2021 as Investors Continue Pumping Money into Studios
The success of the Oculus Quest 2 headset and a slew of other positive factors have injected a fresh lease of life into the immersive world and this is reflected…
VR Education Portal ENGAGE Raises $10.7 Million for its Oasis Metaverse for Business
The firm that is behind the social VR platform ENGAGE, VR Education Holdings, announced last week that it had raised $ million, financing that will go into expanding the platform…
AR Start-up Multinarity Raises $28 Million, Building a “Killer App for Mixed Reality”
The Israeli startup Multinarity says it has raised $28 million in an initial investment round. The funding mainly came from the venture capital firms Corner Ventures and VC Aleph. Multinarity…
Facebook to Begin Testing Ads for Paid Content Within the Oculus App
Facebook has been open about its intention to introduce ads into the Oculus VR platform in some format. In its v29 software update for Oculus Quest last month, Facebook revealed…
Arpara Unveils Two 5K VR Headsets
With its specs and pricing, there aren’t many viable alternatives to the Oculus Quest 2 headset. Besides, many of the standalone alternatives such as HTC Vive and Pico Interactive usually…
Pixieray Raises $4.4 Million for Adaptive Eyeglasses
Pixieray has come out from stealth and raised $ million in seed funding to build what it calls adaptive eyeglasses capable of adjusting their lenses to bring anything a wearer…
Sony Showcases New VR Games and Trailers for PSVR
In its latest PSVR Spotlight, Sony has once again presented new virtual reality games and trailers. Below is an overview of the new titles. The new VR titles include the…