Archives for Startups
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…
Verizon is Buying Jaunt XR’s Virtual Reality and Augmented Reality Technology
Verizon has reportedly purchased “all” of Jaunt XR’s tech without necessarily purchasing the Disney-backed augmented reality startup itself. According to the press release, Verizon is buying all the software and…
Virtual Reality Pioneers Start New XR Studio ‘Absurd:joy’
Three virtual reality developers and pioneers in the industry have found a new VR/AR studio aimed at creating a completely new genre of content that “no one has ever seen…
Ultrahaptics Rebrands to Ultraleap After Leap Motion Acquisition
UK-based company Ultrahaptics and Leap Motion are rebranding into Ultraleap. The new Ultraleap corporate brand represents a major step for the combined group following Ultrahaptics' May acquisition of Leap Motion.…
UK Startup WaveOptics Closes $39 Million in Third Round Investments to Scale Up AR Display Technology
UK startup WaveOptics this week closed its third round of investment at $39 million in an oversubscribed series C round of funding. WaveOptics wants to build waveguide displays which are…
Vality Building Compact VR Headset with Ultra-High-Resolution Display
Germany-based startup Vality is developing lightweight and compact virtual reality headset that will offer users ultra-high near-retina resolution although the design compromises on the field-of-view. Vality wants to make the…
Social VR Platform VRChat Raises $10 Million in Series C Funding
This week, the social VR platform VRChat closed a Series C funding round that is worth $10 million. The funding round was led by previous investors such as HTC, Brightstone…
Volkswagen Group Acquires Stake in the 3D Holography Company SeeReal
Volkswagen has acquired a minority stake in the German augmented reality imaging company SeeReal Technologies which is based in Dresden and Luxembourg. The German automaker expects the investment to secure…
Location-Based Startup ‘The Void’ Partners with Sony Pictures for a New Location-Based VR Experience
The location-based virtual reality startup The Void is teaming up with Sony Pictures Virtual Reality for a new location-based VR experience according to the startup’s chief creative officer Curtis Hickman.…