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…
Collaborative Spatial Design App ‘ShapesXR’ Raises $8.6M, Expanding to Apple Vision Pro & Other Headsets
ShapesXR is a collaborative spatial design app built to make it easy to prototype spatial interfaces, interactions, and environments. The company announced today it has raised an $8.6 million seed…
Pimax Secures $30M Series C1 Funding to Expand & Support Rollout of Crystal & Portal VR Headsets
Pimax, the China-based creator known for its wide field of view (FOV) VR headsets, announced it’s secured a $30 million series C1 financing round, something the company says will aid…
VR Education Startup Raises $12.5M to Teach Math and More Using VR in Schools
Prisms VR, an immersive platform for teaching math, announced it’s raised $12.5 million in a Series A round, which the company says will be used to expand its VR math…
VR Training Company Gemba Secures $18M Series A to Expand Enterprise Metaverse
Gemba, the corporate VR learning platform, announced it’s closed an $18 million Series A funding round, which the company says will be used to continue expansion into Europe, the Middle…
Saudi Arabia Gains Majority Stake in Magic Leap in $450M Deal
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. Citing…
‘Swords of Gargantua’ Studio Thirdverse Secures $15M, Aims to Bring Latest Titles to PSVR 2
Japanese VR studio Thirdverse today revealed it’s raised $15 million, something the Swords of Gargantua developer says will be used to expand global recruitment and develop new Web3 and VR…