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Investors Poured a Record $2 Billion into VR/AR in 2017, But Early Stage Funding Slowed

Road to VR

In 2017, venture funding of VR/AR companies reached at least $1.9B, ending slightly above 2016. Each year, Greenlight Insights compiles and qualifies data from private and public sources across North America, Europe, and Asia in order to assess the global venture funding landscape surrounding the VR/AR industry.

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‘NFL Pro Era’ Studio Raises $20M From Google to Grow VR Sport Game Catalog

Road to VR

StatusPRO , the studio behind NFL Pro Era (2022) , announced it has secured $20 million in Series A funding, led by Google Ventures. The XR sports technology company says the latest funding round will help it expand its growing catalog of sports-focused VR titles.

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Audi Co-founded VR Entertainment Startup Holoride Files for Bankruptcy

Road to VR

“Despite the lead investor’s conviction, the negotiated term sheet, finalized contracts, and scheduled notary appointment, the LP funds failed to arrive on time,” Wollny maintains. The company’s most recent funding round was in December 2021, which was an undisclosed amount led by Vendetta Capital. .

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‘Swordsman’ Studio Secures $2.5M to Create New Free-to-Play VR Combat Game

Road to VR

million in a funding round, which is slated to propel the studio as it develops a new free-to-play combat game for VR. The funding round was led by Hartmann Capital, and includes participation by Boost VC, Republic, Alumni Ventures, Mana Ventures, MetaVision, and angel investors including Chris Ye of Uken Games.

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Psychic VR Lab’s Metaverse Platform STYLY Aims to Transform Urban Entertainment With XR Experiences

ARPost

With a recent funding boost, Psychic VR Lab , a Tokyo-based company behind the XR metaverse platform STYLY , is set to take its innovative vision to new heights and redefine what it means to explore cities. million in funding, bringing the total funding amount to $19.7 This funding round featured the participation of J.

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5thScape Raises $6M in Funding to Build Largest Virtual Reality Ecosystem

Cats and VR

5thScape , a recently launched virtual reality project has garnered the attention of global investors and enthusiasts after raising $6 million in its pre-sale. 5thScape (5scape) Raises $6 Million in Presale Funding The 5thScape project has grown quickly since its launch. billion, has a funding presale target of $15 million.

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PINKO Experience Powered by Emperia Amid Funding Announcement

ARPost

Virtual store builder Emperia recently announced a new funding round, as well as hints at how that funding round will impact their roadmap going forward. The company recently announced a $10M series A funding round led by Base10 but including a number of other funders including the Sony Innovation Fund. solution. “It

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