Virtuix Goes Public During a Turbulent Moment for Consumer VR
VR treadmill creator Virtuix is going public, as its Class A ordinary shares will start trading today on the Global Market tier of the Nasdaq. The company’s stock market debut…
‘MultiBrush’ Studio Secures $4.5M Grant to Promote Positive VR Experiences for Elders
Rendever, the company behind Tilt Brush-based multiplayer Quest app MultiBrush (2022), has secured nearly $4.5 million in grant funding from the U.S. National Institutes of Health (NIH), which the company…
Virtualware Seals €5M Deal to Support Virtual Vocational Training in Spain
Virtualware, the Spain-based XR and 3D simulation software company, announced it’s secured a €5 million ($5.8 million) deal to broadly roll out its VIROO platform in vocational training facilities supported…
Mojo Vision Secures $75M Investment to Commercialize Micro-LED Displays for XR Glasses
Mojo Vision announced it’s secured a $75 million Series B Prime investment round, which the company says will support the commercialization of its powerful and flexible micro-LED platform for XR…
Varjo Secures $5.8M Investment to Accelerate Military-Grade XR Hardware
Varjo, the Finland-based maker of high-end XR headsets, announced it’s secured a €5 million (~$5.8 million) minority investment from THEON, the Greece-based manufacturer of military imaging systems. Structured as a…
Operator XR Secures $3.7M VR Training Contract with Texas Department of Public Safety
Image courtesy xReality Group, Operator XR Australian immersive training technology company xReality Group announced its subsidiary Operator XR has secured a contract with the Texas Department of Public Safety (Texas…
‘Freeaim’ Motorized Shoes Give Your Feet Tiny VR Treadmills, Kickstarter Now Fully Funded
UK-based startup Freeaim kicked off a new Kickstarter campaign yesterday to support the release of a pair of motorized shoes designed to enable natural walking in VR, essentially giving your…
VR Treadmill Company Virtuix Raised Another $3M in Crowd Investments, Now at $200M Valuation
VR treadmill company Virtuix launched a crowd-based investment campaign late last year to further scale Omni One, its consumer-focused VR locomotion device. Now, the campaign’s second phase (Series B-2) has…
Japan’s TDK Acquires Smart Glasses Maker SoftEye to Advance Wearable AI Tech
TDK, the Japan-based electronic component and software company, announced it’s acquired SoftEye, the US-based smart glasses hardware and software maker. TDK calls the acquisition of SoftEye a “key milestone in…
Veteran XR Studio Behind One of VR’s Most Recognizable Early Experiences Raises $3.5M
Wevr, the veteran XR studio behind one of VR’s earliest and most recognizable VR demo, announced it’s now secured $3.5 million in new funding from HTC Corp. and Epic Games.…
Pioneering VR Studio Fast Travel Games Raises $4M
Fast Travel Games, the developer and publisher behind a host of VR games, announced it’s closed a new investment of $4 million, something the company says will help it further…
Seasoned VR Devs Raise $1.6 Million for New Studio Focused on Virtual Pet Experience
Windup Minds is a newly announced XR studio which has raised a $1.6 million seed investment for immersive experiences focused on virtual pets and companions. Windup Minds was founded earlier…