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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. Angel investors include Mark Pincus, founder of Zynga, and founders of Twitch, Emmett Shear and Justin Kan.

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Social gaming platform Rec Room scores $20 million Series C

TechCrunch

Social gaming platform Rec Room has scored some new funding as it aims to bring its once VR-centric world to every major gaming platform out there. In recent years, the company has tried to scale its ambitions past being known as the “Roblox of VR” and scale its capabilities to meet its young user base.

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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 As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform by Mike Butcher originally published on TechCrunch. Players in the space include Walnut , Stonly , Capterra… the list goes on.

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

TechCrunch

Transfr started as a mentor-based VR training programming play. Labster, which offers schools VR simulations of science class, had product usage grow 15 times since March. 7 investors discuss augmented reality and VR startup opportunities in 2020. The company raised money in August to expand to Asia.

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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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