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...
MindArk Metaverse Migrates to Unreal Engine
MindArk and Epic Game Signs Deal with Unreal EngineMindArk is a Swedish independent game development company based in Sweden. It is dedicated to creating the metaverse of tomorrow by combining online games, virtual worlds and social platforms. The company currently employs approximately 60 people.MindArk is best known for developing and continuously updating the award-winning massively-multiplayer online game Entropia Universe....
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...