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The XR Week Peek (2021.03.29): Rec Room becomes a unicorn, Sandbox VR is back to business and more!

The Ghost Howls

If we exclude the major tech companies (Facebook, Valve, etc…) and the meteor Magic Leap, this is the first VR company to reach this status, and this is another sign of the health of the virtual reality ecosystem. Rec Room is a VR unicorn. Social VR experience Rec Room has just got a $100M investment, for a new valuation of $1.25B.

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