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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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ManageXR grabs $4 million seed round to scale XR business 

TechCrunch

With the latest funding, ManageXR will support its expanding team and go-to-market strategy as the company has experienced rapid growth since becoming available to beta users in November 2019 and officially launching in April 2021. The company will focus more on large enterprises next year, he added. .

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Korean 3D spatial data tool startup Urbanbase closes $11.1M Series B+ round

TechCrunch

The latest funding will be used for enhancing its B2B SaaS, investing in R&D for advanced virtual reality (VR), augmented reality (AR) and 3D tools, which are considered core technologies of metaverse that is its new business Urbanbase plans to enter, according to Ha. billion in 2021, based on Strategy Analytics’ report.

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John Carmack’s AGI startup raises $20M from Sequoia, Nat Friedman, Patrick Collison and others

TechCrunch

Some optimists believe AGI could be achieved within the next century, thanks to emerging algorithmic techniques and increasingly powerful computer hardware. Carmack will still continue to consult with Meta on VR matters, but his work with the social juggernaut, he said, will consume only 20% of his time.

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A year on from Russia’s invasion, Ukrainian startups show astounding resilience

TechCrunch

Ukraine’s startup ecosystem was thriving before the war and making great progress, with Ukrainian startups raising $832 Million in VC funding in 2021. from a year earlier, and brought in more than $6 billion in revenue, more than $542 million the revenue generated in 2021. It has now moved to Poland and set up the office there.

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Radar trends to watch: September 2021

O'Reilly Media - Ideas

Let’s start with a moment of silence for O’Reilly Author Toby Segaran , who passed away on August 11, 2021. Facebook’s Time cards are an open-source (code and hardware) solution for accurate time keeping. Toby was one of the people who got the Data Science movement started.

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Investors double down on tech stocks in massive DoorDash, Airbnb, C3.ai IPOs

TechCrunch

Stay tuned for an action-packed 2021 (and follow her on Twitter in the meantime ). The startup grew to about $40 million in annual recurring revenue (ARR), at which point it ran into issues with a third-party system that would integrate hardware, and support and services software, which sparked a shift in its thinking. Extra Crunch.

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