Remove 2020 Remove Hardware Remove VR
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7 investors discuss augmented reality and VR startup opportunities in 2020

TechCrunch

The reasons are plentiful, but all tend to circle around the idea that it’s too early for software and too expensive to try to take on Apple or Facebook on the hardware front. “We believe VR is still the largest long-term opportunity of the two. . “We believe VR is still the largest long-term opportunity of the two.

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Sandbox VR expands to new locations globally with $37M Series B led by Andreessen Horowitz

TechCrunch

After a challenging year for location-based virtual reality startups due to COVID-19, Sandbox VR , a location-based VR startup, is making a comeback with a plan to expand its operations further across the globe. Sandbox VR aims to be an immersive social experience through a combination of full-body motion capture and VR technologies.

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As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform

TechCrunch

Back in 2020, another player, Giraffe360, raised $4.5 Existing investors LAUNCHub Ventures, Hoxton Ventures, HCVC (Hardware Club) and Change Ventures also participated. Giraffe360 was a no-brainer, and is really well suited to meet the needs of the market from both the hardware and software front.”.

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Transfr raises $12M Series A to bring virtual reality to manufacturing-plant floors

TechCrunch

Hardware-wise, the business uses Facebook’s Oculus Quest headset with Oculus for Business, not the generic customer hardware available in stores. Transfr started as a mentor-based VR training programming play. “I Labster, which offers schools VR simulations of science class, had product usage grow 15 times since March.

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Mozilla acquires Active Replica to build on its metaverse vision

TechCrunch

” According to Mozilla SVP Imo Udom, Active Replica will support Mozilla’s ongoing work with Hubs, the latter’s VR chatroom service and open source project. ” Active Replica was founded in 2020 by Jacob Ervin and Valerian Denis. Adhering to web standards, Hubs supports all the usual headsets and goggles (e.g.

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ManageXR grabs $4 million seed round to scale XR business 

TechCrunch

The startup will continue to look for ways to expand its partner network of hardware and software companies across the globe, Luke Wilson, founder and CEO of ManageXR told TechCrunch. ManageXR built an enterprise device management platform designed for VR and AR devices to serve as the core infrastructure for organizations.

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Varjo, an early mover in building XR headsets and software for enterprises, taps $40M

TechCrunch

Varjo is not disclosing valuation, but data from PitchBook estimates that its last round in 2020 valued it at $146 million and Toikkanen (who used to lead all of Nokia mobile phones business before and after it was acquired by Microsoft) noted that the new valuation is “very positive.”