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7 investors discuss augmented reality and VR startup opportunities in 2020

TechCrunch

Meanwhile, few spaces were frothier in 2016 than virtual reality, but most VCs who gambled on VR following Facebook’s Oculus acquisition failed to strike it rich. “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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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. The new capital brings the company’s total raised to $18.5 Image Credits: ForeVR Games.

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

TechCrunch

The property industry now requires high-quality photographs, floor plans and virtual tours, so the industry for software providers in the space is booming. The whole area was accelerated during the pandemic, when many property viewings migrated from physical to virtual, and this trend has continued to tick upward.

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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 leverages virtual reality to create simulations of manufacturing-plant shop floors or warehouses for training purposes. Transfr started as a mentor-based VR training programming play.

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Hong Kong’s offline and virtual events platform EventX closes $18M Series B

TechCrunch

But the virtual event space continues to attract investors, at least in Asia. Previous investors include Gaocheng Capital, an investment firm founded by a former Hillhouse partner, and HTC, the Taiwanese electronics giant that has pushed into virtual reality in recent years. EventX declined to disclose its post-money valuation.

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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. “We will benefit from their unique experience and ability to create amazing experiences that help organizations use virtual spaces to drive impact. .

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

TechCrunch

Alta , a virtual reality metaverse studio, announced today it has raised a 12.4 It first gained traction in mid-2021 when its first VR game launched on the Oculus Quest 2. Alta’s next goal is to expand and build networks of virtual worlds across multiple platforms, incorporating elements of the metaverse, Anoshechkin said.

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