Road to VR

MARCH 21, 2023

Virtuix, the company behind the Omni VR treadmill , launched a crowd-based investment campaign in 2020 to fund Virtuix Omni One, an at-home VR locomotion device targeted at consumers. Now the studio has revealed the final version, pricing, and the news that it’s now shipping out to early investors.

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Road to VR

AUGUST 1, 2023

In addition to individual investors, the funding round received significant support from JC Team Capital, a prior investor, with its founder and CEO, Parth Jani, joining Virtuix’s Board of Directors as a lead investor. Virtuix has already started shipping beta units of Omni One to 8,000 of its equity investors.

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AR Insider

JULY 5, 2021

On Wedsnesday, June 30, he launched Metaverse themed ETF (Exchange Traded Fund). VRChat Secures $80M Series D Funding to Create its Own Digital Economy. The round was led by Anthos Capital, alongside participating investors Makers Fund, GFR Fund and others. The ETF will trade on the NYSE as META.

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GizModo VR

JANUARY 26, 2021

We’re now three trading days into some frothy drama between Reddit and Wall Street over the rocketing price of GameStop stocks. Largely believed to be the result of the subreddit WallStreetBets, pseudonymous Redditors are claiming absolutely bonkers returns on their Robinhood accounts from a company that has been in… Read more.

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VRScout

NOVEMBER 25, 2021

Dent Reality, a London-based start-up behind a pioneering AR platform, has raised £2.5m ($3.4m) in funding to expand its pioneering work across the retail sector. With the funding, the company plans to invest in its own teams and services to accelerate the rate at which they bring businesses into the metaverse.

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Road to VR

JUNE 10, 2020

Wave , the social VR platform and virtual music venue, today announced a $30 million Series B funding round, putting its total funding to $40 million to date. The funding round was led by Maveron with participation from Griffin Gaming Partners.

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VRScout

OCTOBER 19, 2021

The Indie XR Creator Fund will provide smaller developers with the funds and support needed to bring their projects to life. Not only does the Indie XR Creator Fund provide funding for indie VR projects, but support from the experienced folks at Chicken Waffle. The company is currently listed with a valuation of $75.1M.

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Road to VR

JANUARY 30, 2024

Xreal, the China-based AR headset creator, announced it’s secured $60 million in its latest funding round which it hopes to use for product development and an expansion of production facilities.

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ARPost

AUGUST 9, 2022

million during its seed funding round, backed by an impressive list of VCs, DAOs, and angel investors in the Web3, crypto, and NFT industries. With this funding, Tribute Brand aims to build proprietary tools and an interoperable platform, allowing it to utilize its digital assets and deliver more bespoke experiences for users.

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Road to VR

JUNE 2, 2022

million funding round which it says will be used to expand so it can meet growing global demand for mental wellbeing apps accessible through AR, VR and mobile platforms. The Series A was led by BITKRAFT Ventures, with participation from Qualcomm, Amazon Alexa Fund, HTC, Niantic and existing investor Mayfield.

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VRScout

MARCH 21, 2023

That said, you can always skip the line by investing in the new Regulation Crowdfunding (“Reg CF”) funding campaign. Not only do Reg CF investors bypass the waitlist, but they also receive a 30% discount. Those interested in purchasing will need to wait in line behind 35,000 others sitting patiently on the waitlist.

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Road to VR

MAY 3, 2021

Other co-investors include Multi-Dimensional Connectivity (MDC) Limited, Schell Games, Audi, and a group of Chinese financial and automotive technology investors organized by investment professional Jingjing Xu. The post Holoride Secures $12M Funding to Create Immersive in-car VR Experiences appeared first on Road to VR.

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Road to VR

JUNE 28, 2021

VRChat , the popular social VR platform, announced its secured a Series D funding round of $80 million, which brings to the startup more than five times its overall lifetime investment. The round was led by Anthos Capital, alongside participating investors Makers Fund, GFR Fund and others. billion valuation.

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Road to VR

APRIL 21, 2023

million) in a series A funding round, something the company says will be used to accelerate its enterprise-focused SenseGlove Nova haptic gloves. The funding round was led by Dutch venture capital firm Lumaux, bringing the company’s total outside investment to around €5.5 million (~$3.5 million (~$6 million).

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Road to VR

NOVEMBER 29, 2023

The funding round was led by Taiwania Capital, a venture capital firm based in Taipei, Taiwan. Returning investors include Czechia-based Nation 1, which has increased its share by $500,000 since the previous investment round.

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Road to VR

OCTOBER 31, 2022

ForeVR Games , the VR studio behind Quest 2 titles such as ForeVR Bowl (2021) and ForeVR Darts (2021) , announced a $10 million Series A funding round, something it’s using to further the creation of Wii Sports- style VR games. Its most recent round brings ForeVR’s total funding to date to $18.5

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Road to VR

SEPTEMBER 8, 2022

Participants in the round include returning investors EQT Ventures, Atomico, Volvo Car Tech Fund, and Lifeline Ventures, and new investors Mirabaud and Foxconn?, The leading investor in the round was not made clear. The raise brings Varjo’s total funding to $162.5

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Road to VR

AUGUST 18, 2021

The studio says it plans to use the new funding to focus on building more social VR games, growing its development team, expanding to more platforms, and continuing to improve ForeVR Bowl over time. And it’s no surprise that they’re attracting investors that believe the same thing; Mark Pincus, the founder of Zynga, is among them.

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Road to VR

JULY 22, 2021

This week the company announced it has raised $12 million in new funding in a Series A-1 investment round, bringing the company’s total capital raise to $31 million. The post Haptic VR Glove Company HaptX Raises $12 Million in New Funding appeared first on Road to VR. ” Image courtesy HaptX.

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Road to VR

NOVEMBER 24, 2021

Dent Reality, the UK-based augmented reality startup, announced it’s secured £2.5m (~$3.4m) in funding, something the company plans to use to further its efforts to bring phone-based AR navigation into the retail sector.

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Road to VR

NOVEMBER 10, 2021

Out-of-home VR destination Sandbox VR today announced an additional $37 million funding round that the company is using to support its continued expansion. The Series B funding was led by a16z, and includes participation by Alibaba and Craft. It both filed for, and reemerged from Chapter 11 bankruptcy following debt restructure. “We

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Road to VR

FEBRUARY 2, 2024

In 2019, Zenith successfully raised funds through Kickstarter, followed by a $10 million Series A funding round. Garnering further investor interest, the studio was able to land a $35 million Series B in March 2022 , just two months after its launch on all major VR platforms.

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Road to VR

JANUARY 3, 2023

Saudi Arabia has taken majority share of the US-based augmented reality company Magic Leap, The Telegraph reports, widening the stake via its state-owned sovereign wealth fund with a deal amounting to $450 million. The investment puts the country’s ownership of Magic Leap over 50 percent, giving it overall majority control.

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Road to VR

AUGUST 19, 2021

The investment was led by Maven Equity Finance with participation from existing XR Games investor ACT Capital Partners and Praetura Ventures. XR Games says the investment will allow it to expand the studio with 20 new job offerings , fund additional R&D in AR and VR, and kick-start projects built on original IP. With a new £1.5

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XR Today - Virtual Reality

JULY 14, 2022

million in funding. Pre-existing investors Media Ventures, Praetura Ventures and Maven led the funding round. Previously, XR Games’ investors contributed £2.5 XR Games continues to push forward with crucial support from the Northern Powerhouse Investment Fund (NPIF). million in 2019 and £1.5 million in 2021.

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Next Reality AR

FEBRUARY 14, 2019

The HoloLens has made enough of an impact on the healthcare industry for Microsoft technology partner Medivis to convince investors to pledge $2.3 million in funding for its surgical platform.

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Road to VR

MARCH 8, 2021

Pico Interactive, the Beijing-based VR headset creator, announced it has secured a fresh funding round of ¥242 million RMB (~$37 million), something the company says will help launch new hardware, and better position itself as a consumer-focused company.

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Road to VR

MAY 22, 2023

The company has raised over $4 billion, with minority investors including Google, Alibaba, Qualcomm, AT&T, and Axel Springer. Its majority stakeholder is Saudi Arabia’s state-owned sovereign wealth fund.

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Road to VR

DECEMBER 20, 2021

Social VR platform Rec Room has sealed another big funding round to close out the year. The funding round was led by Coatue Management, with participation from existing investors Sequoia Capital, Index Ventures, and Madrona Venture Group. The post Social VR App ‘Rec Room’ Raises $145M Funding, Now Valued at $3.5B

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VRScout

NOVEMBER 7, 2016

The biggest gorillas in the room are the covert augmented reality company Magic Leap, which raised almost $800M in February (bringing its total funding to $1.4B), and the VR live-streaming company NextVR, which raised $80M in August (which brings its total funding to over $115M). Santa Monica-based First Contact Entertainment.

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Road to VR

MAY 25, 2022

Alongside Somnium Space , participants in the latest funding round also include what Lynx calls early supporters of the company and “other investors involved in the AR/VR field such as ex-Meta and Google engineers.” ” This brings the company’s total outside funding to $6.8

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Road to VR

SEPTEMBER 23, 2020

The team behind the project has raised $650,000 in seed investment, including funding from departed Oculus founder Palmer Luckey. TechCrunch today reported that Luckey was among several investors that participated in a $650,000 seed investment in SideQuest. That poses a significant risk to the project and its investors.

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VRScout

SEPTEMBER 8, 2020

Early investors can use an AR-enhanced app to customize their limited edition cafe racer. California-based custom motorcycle specialists RYCA Motors is celebrating its 10th anniversary with a new custom motorcycle kit available for a limited time to early investors.

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Road to VR

AUGUST 6, 2020

million in its latest funding round, something it says will help further improve its cross-game avatar platform. The investment round includes support by Trind Ventures, Presto Ventures, Koha Capital, Spring Capital, Contriber Ventures, and various angel investors. This brings the company’s overall funding to $2.8

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Road to VR

APRIL 30, 2020

The latest funding round brings Mojo Vision’s total funding to more than $159 million, with its penultimate round to date netting the company $58 million in March 2019. This new round of funding brings more support and capital from strategic investors and companies to help us continue our breakthrough technology development.

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Cats and VR

JANUARY 6, 2023

Lamina1 recently launched its Lamina1 Ecosystem Fund (L1EF) on venture platform AngelList. Lamina1 was co-founded by Snow Crash author Neal Stephenson, who coined the term metaverse back in the early 90s, and Crypto Pioneer Peter Vessenes.

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Road to VR

JANUARY 11, 2024

Shortly afterwards, the studio closed a $10 million Series A funding round , a first big step to generating the sort of scale the project hoped to achieve.

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