Archives for Business - Page 30
An Nreal Light 2 With a 30% Larger Field of View?
Nreal Light is launching in the on November 30. During the announcement, an interesting detail about its successor may have leaked out. On November 30, Nreal Light goes on sale…
Qualcomm: 10 Million Quest 2 Shipments Since Launch
In an investor event this week, Qualcomm CEO Cristiano Amon claimed that its partnership with Meta (previously Facebook) had yielded more than 10 million Oculus Quest units shipments since the…
Japanese Social VR Startup HIKKY Raises $57 Million
The Japanese social VR startup HIKKY announced this week that it has raised $57 million in a Series A funding round. The funding was led by NTT Docomo, the Japanese…
Nreal Light AR Glasses Coming to the U.S. Market on November 30 Through Verizon
Nreal has announced that its $599 Nreal Light augmented reality glasses will hit Verizon stores in the in two weeks’ time, on November 30. Previously, the company only sold its…
Ultraleap Raises $82 Million in Series D Fundraising
Founded in 2017, Ultraleap's (formerly Ultrahaptics) haptic technology uses ultrasound to simulate the sense of touch. Ultraleap's underlying technology built on the post-graduate research of its inventor Tom Carter who is…
Virtual Reality Arcades are Bouncing Back
Virtual reality arcades and other location-based entertainment centers (LBEs) were swept aside by the pandemic with some even declaring bankruptcy as governments moved to curb the pandemic with strict lockdown…
Meta Contemplating Rolling Out Physical Stores to Take Its Metaverse to the Masses
Meta is not only keen on building next-generation virtual reality and augmented reality headsets but the company also wants to catalyze the immersive internet that Meta, formerly Facebook, believes will…
Lynx R1 Kickstarter Raises $800,000 from Over 1,000 Backers
Lynx has concluded its Kickstarter crowdfunding campaign for its Lynx-R1 mixed reality headset, the first AR/VR headset that supports the metaverse. The fundraising campaign raised $300,000 on its first day…
Sandbox VR Notches Up $37 Million in New Funding for Global Expansion Drive
Location-based virtual reality experiences provider Sandbox VR has announced $37 million in new funding round to be used in financing its global expansion. The latest fundraising round was led by…
Meta Acquires Quest Exclusive VR Fitness App ‘Supernatural’ Creator
Supernatural creator to work under the recently renamed Meta's Reality Labs, formerly Oculus Reality Labs. When Facebook rebranded itself to Meta, it made it quite clear that it is focusing…