NFT Oasis Raises $4.4 Million to Develop Creative VR Economy
Jul23

NFT Oasis Raises $4.4 Million to Develop Creative VR Economy

NFT Oasis Raise $4.4 million to Develop VR Creator's Economy NFT Oasis creator Provenonce completes $4.4 million investment round to help VR creators to reach mass majority through virtual reality art galleries.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 artwork streaming to the...

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Is Netflix Heading for Streaming Gaming and Virtual Reality?
Jul22

Is Netflix Heading for Streaming Gaming and Virtual Reality?

Is Netflix Heading for Streaming Games and Virtual Reality?In the past few years, Netflix has been trying to avoid the question of entering into the VR space, and have been taking baby steps in this direction of video games.Yet recently, Netflix seems to have expressed interest in the development of gaming and virtual reality. The company appoint Mike Verdu, former vice president at Facebook head of AR/VR content, who had worked...

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Facebook Restores Speech Loss Through Brain-Computer Interface
Jul20

Facebook Restores Speech Loss Through Brain-Computer Interface

Facebook Reality Labs Wants to Restore Speech Loss Through Brain-Computer Interface Facebook Reality Labs expands research with UCSF that shows potential of Brain-Computer Interface for restoring speech communication.Facebook Reality Labs (FRL) Brain-Computer Interface (BCI)was established in 2017 with a goal to create a non-invasive speech interface that lets people type words simply by thinking about what they want to say. The...

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Lovense Ferri Review: What You Need to Know
Jul19

Lovense Ferri Review: What You Need to Know

Lovense Ferri Review : Tiny & Powerful Panty Vibrator for LadiesLovense is known for their teledildonic innovation with its range of vibrators that you can hook up spice up solo session, couple, and even orgy party via skype. Their products are also designed for people that are in long-distance relationships. See our review on the Lovense Diamo cock ring hereSee our review of Lovense Lush 3 long distance sex toy hereNow they’ve...

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Study Shows VR Gaming Helps Reduce Pain for Burned Patient
Jul16

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...

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VRChat Completes $80 million Series D Fund Raising
Jul15

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,...

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XR Training Startup Virti Completes 10 Million USD Fund Raising
Jul14

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...

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Microsoft Flight Simulator Receives Update for VR Headsets
Jul14

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...

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3D Geometric Search Engine Developer Physna Raises $56 million USD
Jul13

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...

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OPPO is Ambitious to Dominate the AR Ecosystem
Jul12

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,...

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Facebook Patent Plans to Integrate Real-world Objects into VR World
Jul11

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...

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ENGAGE Oasis Wants to be the Linkedin of Metaverse
Jul10

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...

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Stealth AR Startup Multinarity Raises 28 Million Seed Investment Round
Jul09

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...

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Psychedelic VR Meditation App TRIPP Completes 11 Million Series A Investment Round
Jul08

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...

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This Virtual Reality Device Simulates Human Touch
Jul06

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...

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Zuckerberg Believes VR Will Disrupt Social and Fitness Industry
Jul05

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...

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Facebook’s Only VR Advertising Quits Due to Backlash from Gamers
Jul04

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...

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Shokworks and Immersity Partners to Produce Education Experience in VR
Jul03

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...

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XYZ Reality Closes £20m Funding Round as the Company Seeks Growth
Jul02

XYZ Reality Closes £20m Funding Round as the Company Seeks Growth

XYZ Reality Raises Fund to Resolve Billion Dollar Pain Point from Construction IndustryConstruction Tech AR startup, XYZ Reality, recently closed a £20 million series A funding round as the company seeks fund for growth outside the European market to further develop its products. The company plans to enter the US markets, and further investment to refine research and development as well as adding a team in London for manufacturing,...

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Facebook Files a Patent for an AR Hat : but is it Better than AR Glasses?
Jul01

Facebook Files a Patent for an AR Hat : but is it Better than AR Glasses?

Do You Prefer to Wear AR Hat or Glasses ? According to a new patent filed by social media giant, Facebook, the social network is currently working on developing an AR hat which would enable user augmented reality immersion of the device, providing more advanced AR applications within an isolated standalone device.The patent was first noticed by Founders Legal, who also points out why Facebook plans to develop the AR hat as in unison...

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Oculus Founder Palmer Luckey Raised $450 Million to Turn US Troppers into Super Heros
Jun30

Oculus Founder Palmer Luckey Raised $450 Million to Turn US Troppers into Super Heros

Oculus Founder Palmer Luckey Plans to Turn US Troppers into Invincible Technomancers We best know Palmer Luckey for his Kickstarter success that led to Facebook acquiring his company for 2 billion USD. The Oculus Rift founder later departed from Facebook to work on his latest endeavors.... actually he was fired with tons of cash in his pocket. Palmer Luckey recently announced that his new company, Anduril, has raised an...

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Unity CEO Predicts AR-VR Headsets Will Become Mainstream by 2030
Jun29

Unity CEO Predicts AR-VR Headsets Will Become Mainstream by 2030

Unity CEO Predicts AR-VR Headsets Will Be As Common as Game Consoles in the Next Ten YearsAccording to a recent report from TheInformation, Unity CEO John Riccitiello talks about his view about the market for VR and AR in the next ten years. He thinks by 2030 VR platforms will become mainstream, assuming that VR headsets sales hits 20 million each year. His thoughts on AR is a bit different, as the current engineer are based...

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Japanese VR Robot Maker Telexistence (TX) Raises 2.2 billion JPY Investment
Jun29

Japanese VR Robot Maker Telexistence (TX) Raises 2.2 billion JPY Investment

Japanese VR Remote Control robot Manufacturer Completes  Investment Tound of 2.2 Billion JPY According to Morgura VR, Japanese VR remote control robot manufacturer Telexistence (TX) announced completions of a recent investment round of 2.2 billion JPY, with investors such as Monoful Co., Ltd, KDDI Open Innovations Fund, Airbus Ventures, Deepcore, Today IPC and few others. The company plans to utilize the fund to expand growth,...

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Apple Glass May Introduce New Cooling Mechanism to Keep Users Cool
Jun27

Apple Glass May Introduce New Cooling Mechanism to Keep Users Cool

Apple Glass Plans to Keep Users Cool Through Air ConditioningRegular users of computers, laptops, and mobiles phones are long aware of the necessity for a cooling mechanism after long usage period. Heavy usage of any electronic device result in a reduction in level of user comfort, as possibly causing potential irreversible damage to the device itself. This pain point of excess heat applies for VR and AR head mounted displays as...

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3Glasses CEO Award Most Influential Person of the Year at the Gold V Award
Jun25

3Glasses CEO Award Most Influential Person of the Year at the Gold V Award

3Glasses CEO Award Most Influential Person of the Year at the Gold V AwardAfter screening by multiple judges, 3Glasses successfully stood out amongst numerous participating companies and won two awards: "Annual Excellent VR Hardware Award" and "Annual Excellent 5G+XR Application Award". 3Glasses CEO Wang Jie was awarded the “Most Influential Person of the Year" prize".Analysis of New Consumption Habits Affecting the Future Development...

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AR Headset Maker REALMAX Unveil Newest AR Glasses at 5G+AR Summit
Jun24

AR Headset Maker REALMAX Unveil Newest AR Glasses at 5G+AR Summit

AR Headset Maker REALMAX Unveil Newest AR Glasses at 5G+AR Summit In a keynote speech at Huawei's Win-Win Future 5G+AR Global Summit (Better World Summit), Cai Mengbo, Chief Marketing Officer of Huawei BG talked about using 5G to ignite the AR industry. As a leader of the 5G technology, Huawei reflects on multiple perspective application, market, and end users that calls for the entire industry to work together to jointly promote...

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Arkio is a Tool for Architects to Design, Review, and Collaborate
Jun24

Arkio is a Tool for Architects to Design, Review, and Collaborate

Arkio: A Collaborative Tool for Architecture Design and ReviewArkio is a collaborative tool designed for users to quickly sketch and share architectural ideas for review in groups. The company aims to make this tool available for both VR and non-VR users. The first version 1.0 is now available across the Quest, SteamVR, iOS, Android, and Windows platforms. Iceland startup, Arkio, is a fully self-funded company aiming to introduce...

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Sony May Launch Next Generation PSVR in 2022
Jun23

Sony May Launch Next Generation PSVR in 2022

Sony Could Release PSVR 2 During Holiday Season 2022 We have learned that Sony has plans to release their next generation VR headset. Recent report have added additional details regarding the specification and launch date.According to report from Bloomberg, detailing the growing application of using LCD panels in virtual reality headsets, and Sony is one that is going with OLED. The company will be using OLED displays made by Samsung...

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Third Person Speculator View to Be Released on Oculus Quest for Casting
Jun22

Third Person Speculator View to Be Released on Oculus Quest for Casting

You Will Soon Be Able to See What Your Friend is Doing in VR Through CastingIn a recent update of Unity and Oculus integration, a beta release was made to make a spectator camera available to allow developers to showcase a third-person view to enable spectator to watch on web browser or via a smartphone.  If you would like to invite a friend to come and join your gaming experience in VR, you can cast your first-person view to...

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Facebook Acquires : Fifth VR Studio Population One Developer BigBox VR
Jun20

Facebook Acquires : Fifth VR Studio Population One Developer BigBox VR

Facebook Acquires BigBox VR-Developer of Popular OneFacebook announced today their latest acquisition of a VR production, BigBox VR would be the fifth acquisition the social media giant has made to date. Population One was launched in 2020 on both Oculus Quest and PC VR, and has since topped the chart as one of the most popular titles.So far the top six Oculus games has generated over 10 million USD since release, and Facebook...

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