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JULY 27, 2017

Most VR companies right now are surviving on venture capital funding, limited software and hardware sales, or sheer force of will and passion in spite of dwindling bank accounts. “We’re a venture-backed startup,” the company states in the blog post. Tagged with: altspacevr Facebook Twitter Reddit More.

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VRScout

AUGUST 22, 2017

After much recent speculation of a possible price drop, the HTC Vive has joined the Oculus Rift in the discount club—cutting $200 off the previously $799 tag. United Rentals and Brick and Mortar Ventures provided the equity financing, and the company has secured $3.5M You still have to set it up). in new development contracts.

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JANUARY 17, 2017

In addition, a prior financing round was led by Lux Capital with participation from Shasta Ventures, Danhua Capital, Shanda Holdings, Felicis Ventures, and Dentsu Ventures. Tagged with: action , arcade , raw data , shooter , Survios , Vive.

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JULY 27, 2017

Most VR companies right now are surviving on venture capital funding, limited software and hardware sales, or sheer force of will and passion in spite of dwindling bank accounts. “We’re a venture-backed startup,” the company states in the blog post. Tagged with: altspacevr Facebook Twitter Reddit More.

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Virtual Reality Groups Hardware Software 170

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JANUARY 21, 2017

Experimental entertainment company Two Bit Circus has raised $15 million in a funding round led by Jazz Venture Partners, with participation from existing investors, including Foundry Group, Techstars Ventures, Intel Capital, and a handful of new investors. Tagged with: circus , investment , los angeles , Two Bit Circus.

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Road to VR

DECEMBER 6, 2016

Melbourne-based firm Zero Latency has raised $7 million in venture funding. A natural fit for a larger space is a VR-enabled combat arena, much like a cutting-edge game of laser tag. The company specialises in out-of-home ‘warehouse scale’ local multiplayer VR experiences, and is beginning to open attractions around the world.

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JANUARY 13, 2017

We previously reported on a growing VR theme park initiative when SPACES Inc partnered with Songcheng Performance Development for a $30 million venture , and that mission is being furthered in a big way with additional funding. Tagged with: Mixed , mr , reality , spaces inc , theme park , virtual , VR.

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XR Today - Mixed Reality tag

JULY 18, 2022

The programme awards its selected firms with investment capital, guidance from Disney’s senior leadership team, a personal dedicated executive mentor, and a real-world technology showcase at Walt Disney Studios lot in Burbank, California. Disney has selected venture-backed, growth-stage startups to participate in its programme.

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VRScout

MARCH 14, 2017

Based in Palo Alto, CA, the Venture Reality Fund formed at the beginning of 2016 with the goal of building the future by financing it. Devoted to the VR/AR space, the venture capital firm closely monitors the industry and reports that the map of tracked companies in the VR space grew by 40% in 2016. …and more.

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NOVEMBER 16, 2016

Announced via press release, Pie raised seed funding from McClatchy, Colopl VR Fund, Sparkland Capital, Stage Venture Partners, Graph Ventures, Matter Ventures, and others and they’ve officially launched the application. Tagged with: 360 , 360 degree , create , pie , social , video , VR.

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TechCrunch VR

AUGUST 30, 2021

The deal first reported on by Bloomberg last week was confirmed by the company on Monday, though ByteDance didn’t disclose a price tag for the deal. Pico had raised some $62 million in venture funding from Chinese firms including a $37 million Series B in March. Unlike Oculus, they have a substantial presence in China.

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MARCH 17, 2017

” Exactly what that means is up for speculation, but HTC is no stranger to strategic alliances in China and the rest of the world; it setup the VR Venture Capital Alliance (VRVCA) to bring together investors to fund VR startups and is working closely with others to establish VR within China.

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XROM

SEPTEMBER 5, 2021

The deal first reported on by Bloomberg last week was confirmed by the company on Monday, though ByteDance didn’t disclose a price tag for the deal. Pico had raised some $62 million in venture funding from Chinese firms, including a $37 million Series B in March. Like Oculus, they create both hardware and software for their VR devices.

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Virtual Reality China Hardware Oculus 52

Road to VR

MAY 4, 2017

Then in March 2016 the company revealed the Meta 2, this time with a huge increase in field of view (and a more digestible $950 price tag), one that makes the headset the most visually immersive of AR devices in its category. Photo by Road to VR.

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DECEMBER 14, 2016

The company has completed a $5 million Series A investment round led by Signia Venture Partners with participation from BMW i Ventures, AdvancIt Capital and Presence Capital to help expand its reach. Tagged with: football , Stanford , STRIVR. Last year we had 20,000 plays filmed and 45,000 play views,” Belch said.

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NOVEMBER 17, 2016

Shortly after that the company gathered investment firms to form the VR Venture Capital Alliance (VRVCA), again reviewing pitches from startups to raise funding. Tagged with: china , htc , investment fund , Shenzhen.

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China HTC Industry Healthcare 100

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FEBRUARY 28, 2017

Since the launch of the HTC Vive headset last year, the team has announced sales exceeding $1 million and a $50 million round of venture capital funding. Tagged with: GDC 2017 , locomotion , raw data , speed , sprint vector , Survios. Survios is one of the very few VR studios that we can say definitively have been successful.

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FEBRUARY 14, 2017

” Finally, IMAX will also be investing in Dreamscape Immersive — a joint venture between IMAX, Warner Brothers, Twentieth Century Fox, Metro-Goldwyn Mayer (MGM), Westfield Corporation, Bold Capital Partners, and Steven Spielberg. Tagged with: center , film , IMAX , installation , LA , movie.

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XR Today - Mixed Reality tag

JULY 27, 2023

Given our increased capital investments in recent years, we expect depreciation expenses in 2024 to increase by a larger amount than in 2023. Due to capital-intensive R&D expenses, rising emerging tech firms require massive amounts of capex before reaching profitability.

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MARCH 2, 2017

Edtech startup Nearpod has closed a $21 million Series B round led by Insight Venture Partners, Reach Capital, GSV Acceleration, Krillion Ventures and AGP Miami. Tagged with: funding , Nearpod , vr education. The company has now raised $30.2 million to further its reach across the education landscape.

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MARCH 22, 2017

million in a seeding round led by Softbank/SBNY, Eniac Ventures, and Lowercase Capital. Tagged with: Viro Media. .” In addition to the launch of Viro Media’s creative platform, Viro’s press release confirmed that they’ve raised $2.5

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NOVEMBER 19, 2016

” She explained that “diverse perspectives that include women-led ventures are a critical part in shaping the development of these products and culture.” “Every major tech company is investing heavily in AI, and it’s critical that women-led ventures claim their stake in the space. .”

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NOVEMBER 20, 2016

Reach Robotics investors include London Venture Partners, Qualcomm Ventures, Hardware Club, Iglobe Partners, Passion Capital, and Techstars. Tagged with: meka , mekamon , reach robotics , robot. The first 500 are expected to ship in January. Rivals include Anki, Sphero, and Skylanders. Reach Robotics has 10 employees.

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FEBRUARY 19, 2017

More exciting is the price tag of 119 Yuan, around $17,56, continuing the aggressive pricing after the introduction of Xiaomi VR at 49 Yuan (less than $8 locally, although it costs up to $19 to acquire it outside of China). Tagged with: china , growth , virtual reality. Reason Three: VR Kiosks and Hardware.

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China Virtual Reality Industry Hardware 200

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JUNE 24, 2017

Play Labs is run by by Bayview Labs , and its executive director, Rizwan Virk, an MIT alumnus (MIT ’92 BS Computer Science & Engineering) and a prolific Silicon Valley angel investor, advisor, and mentor, in conjunction with the Seraph Group , a seed stage venture capital investment firm founded by Tuff Yen. “We

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AR Augmented Reality Massachusetts Virtual Reality 112

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AUGUST 6, 2017

Greycroft venture partner Jon Goldman has closed a $15.6 We are committed to helping new teams, not only through capital, but also with connections and strategic advice.”. “We Tagged with: Jon Goldman Facebook Twitter Reddit More. million fund to invest in virtual reality, augmented reality, games, and esports.

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AR Los Angeles Gaming Industry 115

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NOVEMBER 13, 2016

Digi-Capital reported that venture capitalists invested $500 million in augmented reality and VR during the third quarter, with 65 percent of that money coming from mainstream traditional VCs. Digi-Capital estimates AR and VR could be a $120 billion business by 2020. It’s a joint venture with Youku. and in China as well.

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DECEMBER 29, 2016

The $599 price tag for Vive’s biggest rival kept people guessing about just how much the more fully featured room-scale headset would really cost. ” Tagged with: 2016 , htc , htc vive , sales , year in review. The HTC Vive has had a solid 2016. Our biggest question for 2017 is “What’s next?”

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JANUARY 19, 2017

DigiLens raised an additional $22 million in a Series B investment round from Sony, Foxconn, Continental and Panasonic, along with venture investors including Alsop Louie Partners, Bold Capital, Nautilus Venture Partners and Dolby Family Ventures. Tagged with: ar , DigiLens , driving.

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JULY 8, 2017

Other funding that used to be only available to TV and movie studios has now been opened up to game companies, but she said that it’s also important to get outside funding into the Brazilian games industry from angel investors and venture capital firms. Tagged with: Business , indie Facebook Twitter Reddit More.

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Brazil Gaming America Government 113

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APRIL 7, 2017

Amitt Mahajan is a Managing Partner at Presence Capital, an early-stage venture firm focused on investing in VR/AR companies. Tagged with: HoloLens Facebook Twitter Reddit More. In the meantime, augmented reality can provide a way for the human worker to continue to be productive and a value to society.

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Augmented Reality AR United States Training 182

The Ghost Howls

SEPTEMBER 12, 2023

The prize for the winner will be a USD $200,000 investment from the venture capital fund of investor Christopher Obereder. It’s interesting to read that our friend Thrillseeker has helped in the testing and refinement of the game Platformer with Gorilla-Tag inspired movement “Toss!”

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Motion Capture Ukraine Apple Gaming 349

XR Today - Augmented Reality tag

JULY 21, 2023

Google’s venture into Augmented Reality has been steeped in problems practically from day one. Google wanted to capitalize on the mystery and excitement around augmented reality. Pricing A hefty price tag makes it difficult to sell anything that isn’t genuinely incredible. Let’s look at the facts.

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NOVEMBER 11, 2016

He told a friend in venture capital that if an opportunity came up with virtual reality and music, he wanted to know. Tagged with: concert , entertainment , live performance , music , vrtify. I think that the toothpaste is out of the tube in so many respects when it comes to musical content and technology.”.

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DECEMBER 12, 2016

The company has raised $6 million from Madrona Venture Group with participation from Vulcan Capital to make Spin Studio a reality. Tagged with: adaptive streaming , FOVAS , pixvana. Spin Studio can stitch and encode as users upload, and can process up to 16K footage in full color and HDR.

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The Ghost Howls

MAY 18, 2023

I would like to know what games are available, because maybe someone is watching this video and would like to play Half Life Alyx or Gorilla Tag with it… (8:26) We’re working on that right now. You know, we have venture investors as well. You need a lot of capital. It’s very capital intensive.

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DECEMBER 18, 2016

million in its latest financing round, or about half of all the capital invested in both AR and VR in the U.S. Tipatat Chennavasin, cofounder of the Venture Reality Fund, said in a panel at VRX, “VR is here now. Tagged with: 2017 , analysis , VR Market. That’s pretty scary for the AR industry because Magic Leap raised $793.5

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