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7 investors discuss augmented reality and VR startup opportunities in 2020

TechCrunch

For all of the investors preaching that augmented reality technology will likely be the successor to the modern smartphone, today, most venture capitalists are still quite wary to back AR plays. “We believe VR is still the largest long-term opportunity of the two. . AR complements the real world, VR creates endless new worlds.”

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VR gaming startup ForeVR Games raises $10M to grow its library of Wii Sports-like titles

TechCrunch

While Meta tries to convince users to attend virtual work meetings in its metaverse , ForeVR Games , a VR gaming startup with casual games like bowling, darts and cornhole, is a reminder that virtual reality is supposed to be fun. Angel investors include Mark Pincus, founder of Zynga, and founders of Twitch, Emmett Shear and Justin Kan.

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Power Immersive, Engaging, Impactful Learning Experiences with AR/VR

Trigent

Homeschooling, online degree programs, virtual classrooms have all been progressive steps in the direction of transformative technological innovation. But with Virtual Reality (VR) and Augmented Reality (AR) coming into the picture, things have changed radically for the education sector. Propelling-immersive-learning-with-AR-VR.

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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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Alta closes $12.4M seed round led by Makers Fund and Andreessen Horowitz

TechCrunch

Founded in 2016 by Anoshechkin, Joel van de Vorstenbosch and Boramy Unn, the Sydney and San Francisco-based startup started out as a virtual reality game developer creating A Township Tale , a VR open-world RPG in which every user has their own medieval fantasy virtual world that is shareable with other users, Anoshechkin said.

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

TechCrunch

To Bharani Rajakumar , the founder of Transfr , the dilemma of displaced workers is the perfect use case for virtual reality technology. Transfr’s core technology is its software. Transfr started as a mentor-based VR training programming play. 7 investors discuss augmented reality and VR startup opportunities in 2020.

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The retail edge: Where data powers game-changing customer experiences

CIO

The growth rate for online purchases spiked to 32% in 2020 and has continued to grow by double digits since then. For example, retailers using augmented reality (AR) and virtual reality (VR) to create more engaging experiences can increase conversion rates by 83.1% and order value by 61% while reducing returns by 40%. May 2022. [2]

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