Red 6 Lands Military Contract to Integrate Augmented Reality
Startup Red 6 Lands Military Contract to Integrate Augmented Reality on T-38 Training JetFor the first time in history, the US Air Force will be integrating an AR training system that enables T-38 training gets to simulate against enemy fighters.The US Airforce awarded Red 6 a five year military contract worth $70 million USD over the next five years. The company plans to integrate its Airborne Tactical AR System (ATARS) with the...
Tiktok Owner Buys Pico for 1.5 Billions USD
Parent Company of Tiktok Buys Pico for 1.5 Billion USDBytedance , the parent company of Tiktok, buys Chinese VR headset maker Pico for 9 billion RMB (1.5 billion USD). This is almost in parallel with Facebook's acquisition of Oculus for 2 billion USD back in 2014. Oculus is still the number one VR headset in the market right now. Founded in 2015, Pico is a leading company in the field of VR hardware in China. The company has raised...
Learn a New Language with Mondly VR
Could VR transform Learning a New Language?The application for virtual reality goes far beyond gaming and entertainment, with VR education and learning being a disruptive application has transformed in numerous aspects from kid, to medical student, to military training.Regardless what your native tongue is, learning a new language has always been a huge challenge for most people, especially if you don't live in the foreign country....
Tripp Acquires Psyassist to Develop Psychedlic Therapy Platform
VR Startup Tripp Acquires Psyassist to Develop Psychedlic Therapy PlatformPsychedelics such as LSD, mushrooms, and ayahuasca have long been studied for it’s amazing healing properties.Founder of Tripp, Nanea Reeves, never imagined her psychedelic-inspired VR platform would one day be used by clinicians for therapeutic practices. Reeves founded Tripp four years ago and have recently acquired Psyassist with a goal to develop a VR...
HaptX Completes $12 Million Investment Round
HaptX Completes $12 Million A-Round FinancingVR tactile glove manufacturer, HaptX, announced that it has completed a US$12 million A-1 round of financing invested by investors such as Verizon Ventures, Mason Avenue Investments, Taylor Frigon Capital Partners, Upheaval Investments. After completing this round of financing, HaptX's total financing reached 31 million US dollars. It is worth mentioning that HaptX headquarters will be...
Dermalogica Releases New VR Retail Store
Dermalogica Releases New Virtual Reality E-Commerce Retail StoreIt is no longer a dream to be able to walk into a cosmetic store through a portal in your home. Instead of shopping on the 2D screen, Dermalogica created a VR e-commerce storefront to offer its newest products. Customers visitings the virtual reality storefront is greeted by virtual avatar of Dr. Angela Murphy, VP of technology and innovation of Dermalogica. The...
Fisk University Combines VR to Revolutionize Future of Education
Fisk University Partners with T-Mobile, HTC Vive, and VictoryXR to Revolutionize Future of EducationVirtual reality application extends well beyond gaming and entertainment, with limitless everyday applications waiting to be discovered. Recently, VR startups such as Virti with a focus in medical training applications have been successful at raising investments to progress their developments. The latest partnership between Fisk...
Pico Neo Goes on Sales in China for $879 USD
Pico Neo 3 Goes on Sales in Mainland China for 5699RMB New Mainland China VR headsets have been hot topic recently, such as the lightest VR headset, Aparah VR heaset that weights only 200 grams. The Pico Neo 3 Pro is equipped with Qualcomm Snapdragon XR2 platform. Compared with the Snapdragon 835 mobile platform, the platform has achieved a significant performance improvement, including 2x the CPU and GPU performance improvement,...
Arpara VR Review : lightest VR headset on the Market
Apara VR Review: the Lightest VR Headset on the MarketThere is no doubt that compact size and lightweight have always been the development evolution of VR headsets.However, due to the limitations of engineering design, screen size, and many sensor components, the weight of roughly 500 grams and bulkiness seems to be a development bottleneck hurdle, and it's rare for VR hardware makers to make significant breakthroughs. Currently, the...
Cross-game Avatar Platform Ready Player Me Launches to Consumers
CROSS-GAME AVATAR PLATFORM READY PLAYER ME LAUNCHES TO CONSUMERS, CONNECTING USERS TO MORE THAN 260 APPS AND GAMES Avatar platform created by Wolf3D allows users to travel between video games, virtual reality experiences and other apps using a single virtual identity Los Angeles, California - July 21, 2021 - Utilized by both consumers and developers to create bespoke avatars, the Ready Player Me platform has launched a new hub opening...
Is MAMBO TWERK the Coolest 360 Video in 2021?
MAMBO TWERK 2021 • Tropkillaz • Dance in 360 Degrees • 5K VR Video Is this the coolest 360 video in 2021? We think this 5K quality twerking in 360 degree is something you do not want to miss. VRkings.tv will be coming out with uncensored 360 degree video in the future, we can't wait to see what they have to offer! Is MAMBO TWERK the Coolest 360 Video in 2021? Read...
Osso VR Raise $27 million to Gamify Surgical Operations
Osso VR Completes $27 million Fund Raising to Gamify Surgical Operations During the pandemic, more and more professional across various industries found themselves the urgent need to access professional knowledge remotely, this is why VR startups with a focus in training such as Virti have found themselves in a growing flow of funds to support their development. According to Techcrunch, San Francisco-based Osso VR focuses on...
DigiLens Produces AR Glasses with Plastic
DigiLens Partners with Mitsubishi Chemical to Produce Plastic AR GlassesAR seems to one of the hottest topics in 2021, with companies like Oppo that aims to dominate the AR ecosystem. Waveguide optics, DigiLens, partners with Mitsubishi Chemical to produce plastic type AR glasses to the market. The company believes that plastic can achieve the relatively same performance as glass, but with the advantage of weight reduction....
Pininfarina Develops First E-Vehicle with VR
Italian Design House Pininfarina Develops Teorema Using Virtual RealityAccording to Motor Authority, Italian design Pininfarina developed the company's first vehicle by utilize VR technologies, namely, Teorema.Pininfarina used holographic AR technology by Swiss company WayRay, which enables physical objects represented in virtual world to be aligned with physical reality. Furthermore, WayRay is also partnering with a number of...
Facebook to Release 128 GB Oculus Quest 2 to Replace 64GB Version
Facebook to Release 128 GB Oculus Quest 2 to Replace 64GB VersionAccording German blog, VR-Legion, Facebook may soon replace the 64GB Oculus Quest 2 with the 128GB version. Some time ago, Quest 2 appeared on the market in two different version. One with 64 GB storage size as an entry-level size and one with 256 GB as the high-end model. But now pictures have mysteriously emerged that show a 128 GB model. Many indications indicate...
NFT Oasis Raises $4.4 Million to Develop Creative VR Economy
NFT Oasis Raise $4.4 million to Develop VR Creator's EconomyNFT Oasis creator Provenonce completes $4.4 million investment round to help VR creators to reach mass majority through virtual reality art galleries inside the Metaverse.What is NFT Oasis?The company created a VR hub for artists to gather, and showcase artwork by over 200 artists and musicians since April. There are events held each week in the virtual world to exhibits...
Study Shows VR Gaming Helps Reduce Pain for Burned Patient
VR Games Shows Significantly Reduces Pain for Burned Patients The wide range of virtual reality applications extend far beyond gaming and entertainment. Many VR startups have attempt to us VR for therapeutic purposes, such as Oxford VR and XR Health. A randomized clinical trial published on the AMA Network Open found that when children with burns changed their dressings, smartphone-based virtual reality (VR) games had a...
VRChat Completes $80 million Series D Fund Raising
VRChat Raises 80 Million Series D FundingPopular VR social platform, VRChat, announced their completion of Series D funding of $80 million USD. The investment round was led by Anthos Capital with participations from GFR Fund, Makers Fund, and others.According to Crunchase, this newest round of investment brings VRChat's total investment to $95.2 million.In a statement, VRChat CEO Graham Gaylor said that "“VRChat hosts a vibrant,...
XR Training Startup Virti Completes 10 Million USD Fund Raising
Enterprise VR Training Solution Provider Virti Raises 10 Million USDThe global pandemic status has drastically benefited the VR ecosystem, making global investment funding flow more easily to VR startups as remote applications needs increase.VR training solution provider for organizations, Virti, recently completed 10 million USD Series A fund raising. The investment was led by IQ Capital, with participations from Cedars-Sinai Medical...
Microsoft Flight Simulator Receives Update for VR Headsets
Microsoft Flight Simulator Recent Update Extends Support for VR Headsets An important milestone that marks the history of VR has arrived, as Asobo Studio releases SteamVR support for the notoriously demanding Microsoft Flight Simulator enabling expansion to a wide range of major VR headsets.In a announcement made last November which followed the virtual reality update for Microsoft Flight Simulator development roadmap, Asobos Studio...
3D Geometric Search Engine Developer Physna Raises $56 million USD
3D Geometric Search Startup Physna Raises $56 Million In Series B FundingAccording to Forbes, American 3D geometric search engine developer, Physna, has completed a new investment round of US$56 million in financing led by Tiger Global and co-invested by GV and Sequoia Capital. This round of financing is just 5 years after the company’s B round. Months after this round of financing, Physna's total financing exceeded $86 million.Physna...
OPPO is Ambitious to Dominate the AR Ecosystem
OPPO is Working on Developing an Entire AR EcosystemOPPO has been actively deploying AR cutting-edge technology since 2018. The company has successively launched its open AR platform, two generations of AR glasses prototypes, and self-developed SLAM algorithm, gesture tracking, body tracking and depth perception four AR systems.These core capabilities not only provide excellent parameters such as delay, accuracy and power consumption,...
Facebook Patent Plans to Integrate Real-world Objects into VR World
Facebook Patent Describes how to Integrate Real World Objects into Virtual World Users familiar with VR headsets is aware of a so-called protection system that can alert users in a series of different ways when they approach the boundaries of the play area or physical objects. This is because the VR headset will replace the real world around the user with digital content, so in order to prevent the user from colliding with real...
ENGAGE Oasis Wants to be the Linkedin of Metaverse
Immersive VR Education Launch VR Training Platform ENGAGE Oasis Immersive VR Education, the company behind the VR training platform, ENGAGE, announced today a new addition to a rising ecosystem of virtual meeting solutions, namely, ENGAGE Oasis. This corporate metaverse will be available in 2022, serving as a virtual meeting platform for businesses, colleges students, and professional looking to conduct their business in the virtual...
Stealth AR Startup Multinarity Raises 28 Million Seed Investment Round
Former Magic Leap Executives Raises 28 Million to Develop MR Killer AppAccording a report by Calcalist, Israel startup, Multinarity, announced completions of their recent investment round of $28 million for the company's seed round. The investment was led by Israel investor VC Aleph and US investor Corner Ventures.The company secretly formed last year by former Magic Leap executives, and plans to create the first killer app for...
Psychedelic VR Meditation App TRIPP Completes 11 Million Series A Investment Round
The worldwide pandemic has resulted a rapid stay-at-home movement, which consequently caused an increased flow of investments for VR startups.Los Angeles based startup, TRIPP, the company that developed the VR meditation app recently closed a Series A fund raising round at $11 million USD.According to Tech Crunch, The investment round was led by Vine Ventures and Mayfield, and participation from Integrated. The company has raised $15...
This Virtual Reality Device Simulates Human Touch
Programmable skin material could help distant learning In a world where social distancing is becoming a norm, remote learning with tactile sensation is something missing in the past, at least until now. Researchers at the Northwestern University have invented a, epidermal VR device that can simulate the sensation of physical touch. This device is comprised of an array of small vibrating components made from silicon polymer material...
Zuckerberg Believes VR Will Disrupt Social and Fitness Industry
Zuckerberg Predicts VR/AR will Disrupt Social and Fitness IndustryAccording to CNBC News, Facebook founder Mark Zuckerberg recently discussed future development of VR/AR industry at the French Tech Conference VivaTech with Publicis Group Chairman Maurice Levy.Zuckerberg said that VR gaming is still the main focus of the virtual reality industry. However, development in the areas of social VR and VR fitness will be tremendous...
Facebook’s Only VR Advertising Quits Due to Backlash from Gamers
Oculus Users Blacklash Against Facebook for VR Gaming AdvertisementsFacebook Founder Mark Zuckerberg at a recent conference announced that the company is launching its advertising mechanism in the Oculus Quest headset, which is supposed to generate revenue for developers.The company hit a major setback after the only named developer partner backs out due to a backlash from gamers. The news came soon after Zuckerberg's recent...
Shokworks and Immersity Partners to Produce Education Experience in VR
Shokworks and Immersity Partners to Produce Education Experience in VR at the University of South WalesWelsh tech company Immersity and Dallas based Shokworks is working on using VR to educate future law enforcement officers and aeronautical engineers in the United Kingdom by utilizing an affordable virtual reality solution the produces immersive training opportunities for a wide range of industries. The companies are working...