Archives for Startups
HaptX to Partner With Military Contractor ECS to Develop Mixed Reality Military Training Systems
The Florida-based military contractor Engineering & Computer Simulations (ECS) has been awarded a grant to develop a VR Army Medic Trainer with Advanced Haptics. The Phase II Small Business Innovation…
‘BoxVR’ Developer Studio FitXR Raises $7.5 Million in Series A Venture Round
The studio behind the VR fitness hit BoxVR, FitXR, has raised $ million to be channeled in expanding its operations and in VR fitness offerings. FitXR’s first fundraising at the…
Unlearn.ai Secures $12 Million in Equity Financing for “Digital Twins” Clinical Trials
has announced that it has raised $12 million in equity financing. The company designs software tools used in clinical research. Its “digital twin” approach to clinical trials where digital models…
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…