Archives for Startups
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.…
Munich-Based AR Startup ‘eyecandylab’ Raises $1.5 Million in Seed Round
Munich-based augmented reality startup eyecandylab has raised more than $ million seed round which was led by Silicon Valley’s first angel investment group Band of Angels. Also participating in the…
FundamentalVR Adds Eye-Tracking to its Surgical Simulation Platform
FundamentalVR wants to make its virtual reality surgical simulation platform even more robust, efficient and convincing. In late July, the company announced that it had implemented eye-tracking into its surgery…
Location-Based VR Startup Nomadic Expands into Asia
After reporting much success with its location-based VR entertainment center in the US, Nomadic is now spreading its wings into the international market by opening its virtual reality arcade outside…
VR Streaming Startup Vreal Calls it a Day
The Seattle-based virtual reality streaming startup Vreal has closed shop. The startup offered a sort of Twitch-like app for VR which provided a recording and broadcasting service with a number…
Location-Based VR Startup ‘The Void’ is Expanding to 25 New Locations
Location-based virtual reality entertainment company ‘The Void’ is partnering with the multinational mall developer and operator Unibail-Rodamco-Westfield to roll out some 25 location-based VR centers across the globe by 2022,…