Archives for Startups
VR Therapy Pioneer Oxford VR Secures $12.5 Million in Series A Funding
VR pioneer Oxford VR announced that it has secured $ million in a Series A funding round. This landmark investment represents the largest for virtual reality therapy in Europe (including…
XR Startup Spatial Raises $14 Million in Series Funding for New Holographic 3D Workspace App
Both AR and VR are yet to reach the hardware and software “iPhone moment” that will take the technologies to the mainstream mass-market. However, it is not all doom and…
Gleechi VirtualGrasp Hand Tracking Interface Provides Realistic Hand Interactions with Virtual Objects
The Swedish virtual reality software startup Gleechi has unveiled a new hand tracking interface known as VirtualGrasp which automates the programming of hand interactions in virtual reality. The technology enables…
Lynx R1: First Standalone Mixed Reality Headset Announced
The stealth French startup LYNX has announced planned to launched its first mixed reality (XR) device on February 3rd. Known as Lynx R1, this will be the first standalone headset…
Disney Has Sold Its FoxNet Mobile Games Unit to Scopely
Disney has announced today that it sold off its FoxNext Games Los Angeles unit to the mobile games developer Scopely, the game studio that it purchased from 20th Century Fox.…
Pimax Customer Service Moved Back to China
Pimax COO Kevin Henderson announced in an interview with MRTV earlier this month that the company is moving its US-based customer support service back to China. The move totally phases…
Immersive Factory: VR Learning Startup Over $1 Million in Funding
Companies are increasingly embracing immersive training in their processes. VR training is not only safer but also cheaper, particularly for complex and specialized skills that require significant investments. The Vive…
3D Photography Startup ThreeKit Raises $20 Million for 3D Product Renderings
Majority of ecommerce shoppers prefer to visualize the products they wish to purchase before they pull the trigger and make their orders. The ecommerce industry has innovative product visualization solutions…
Ubisoft VR’s Escape Room Titles Have Quietly Expanded to 240 Arcades Worldwide
Ubisoft’s VR Escape Rooms have expanded rapidly to become one of the most widely distributed virtual reality experiences. The company’s gaming experiences have been developed for gaming arcades and they…
Apple Snaps Up Motion Capture Company iKinema in Drive to Bolster Augmented Reality Push
Apple confirms that it has purchased the UK-based 3D animation company iKinema, a move that is interpreted as an effort to bolsters its augmented reality initiatives. iKinema specializes in developing…