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Metaverse And VR Funding Slides Further As Even Apple Can’t Make A Hit

Crunchbase News

AR/VR still not a hitmaker Apple’s suboptimal foray into mixed reality computing follows a long line of startup flops in the augmented reality, virtual reality and metaverse space. So far this year, roughly $758 million has gone to rounds for startups tied to AR, VR and the metaverse, per Crunchbase data. Investors have taken heed.

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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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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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AI voice, synthetic speech company LOVO gets $4.5M pre-series A funding

TechCrunch

We plan on hiring heavily across all functions, from machine learning, artificial intelligence and product development to marketing and business development. The company plans to double down on improving LOVO’s AI model, enhance its AI voices and develop a better product that surpasses any that exists in the current market, Lee said.

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CommonGround raises $25M for immersive video avatar technology that doesn’t rely on VR gear

TechCrunch

Like “TrueSelf Scan,” the name of the initial application that’s used to scan a person’s image, the meeting software also will not require a VR headset to use and engage with — users will be “seated” in a room that will be shown on a video screen.

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Find trends, advice and value at these special breakout sessions during TC Disrupt 2021

TechCrunch

TechCrunch Disrupt 2021 takes place September 21-23, and we’re here to call out just some of the awesome content we have scheduled over three very busy days. You gotta pay to play: Buy your pass to Disrupt 2021 here and open a door to opportunity. You gotta pay to play: Buy your pass to Disrupt 2021 here and open a door to opportunity.

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AmazeVR gets another $15M to forge the future of immersive concerts 

TechCrunch

AmazeVR , a virtual reality concert platform that enables users to experience their favorite artists’ VR concerts through content generation tools, announced today it has secured $15 million, which was oversubscribed within three weeks. . Users would join as avatars, hang out with other users, and experience VR concerts together.

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