Magic Leap announced this week at the Future Investment Initiative (FII) in Riyadh, Saudi Arabia its latest AR hardware plans along with a renewed partnership with Google. The News Google…
Sesame, an AI and smart glasses startup founded by former Oculus execs, raised $250 million in Series B funding, which the company hopes will accelerate its voice-based AI. The News…
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 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, 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…
EssilorLuxottica released its second quarter earnings report, revealing that Ray-Ban Meta smart glasses have tripled in revenue year-over-year. Released in 2023, Ray-Ban Meta is the companies’ second-gen smart glasses, serving…
Switzerland-based light field display startup CREAL announced its closed a $8.9 million equity funding round, which the company says will accelerate the miniaturization of its light field module for AR…
It was rumored last year that Meta was seeking a minority stake in French-Italian eyewear conglomerate EssilorLuxottica, not only the largest eyewear manufacturer in the world, but also Meta’s partner…
Smart contact lens startup XPANCEO announced it’s secured $250 million in Series A funding, putting its valuation at $1.35 billion and minting it as XR’s most recent unicorn. The funding…
Ahead of Google’s planned rollout of Android XR-equipped smart glasses, the company is reportedly making a $100 million investment in hardware partner Gentle Monster, the South Korean fashion eyewear brand.…
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…
Vuzix, the veteran smart glasses maker, announced it’s secured a $5 million investment from Quanta Computer, the Taiwan-based ODM and major Apple assembler. The latest investment was the second tranche…