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Loft Dynamics raises $20M to tackle pilot shortage with VR training

TechCrunch

Loft Dynamics , a Swiss startup creating virtual reality (VR) simulation technology for helicopter pilots, has raised $20 million in funding from U.S. H125 VR simulator. Other companies are using VR simulation to tackle similar workforce shortage problems or otherwise enhance existing training programs.

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

TechCrunch

With the mission, LOVO allows enterprises and individual content creators to generate voiceover content for using in marketing, e-learning, customer support, movies, games, chatbots and augmented reality (AR) and virtual reality (VR). Hunt, Bouncer, CPA Canada, LG CNS, and South Korea’s Shinhan Bank, Lee mentioned.

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Embedded finance startup Banxware raises €4M seed

TechCrunch

However, fuelled by cloud technology and a plethora of new fintech and Banking-as-a-Service startups, there is no doubt the embedded finance trend is accelerating. Leading the round is Force over Mass, and VR Ventures. They are joined by HTGF, and private investors in banking, payment and e-commerce.

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Daily Crunch: Mos evolves from fintech into challenger bank, as early users start post-college lives

TechCrunch

But first up is Natasha’s dive into Mos , which founder Amira Yahyaoui says is gunnin’ to become “the incumbent bank in the U.S.” And speaking of the metaverse, Mozilla is shutting its VR browser. Today’s startup news has a few Tiger rounds, a toilet paper headline and more. How much this will help is not clear at this juncture.

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Daily Crunch: Thousands of Google Play users download Android banking trojan

TechCrunch

We also have notes today on the latest and greatest in VR fitness products. There’s a lot to talk about today as always, but let’s start with some non-financial fare. TechCrunch watched the Theranos show , and oh boy do we have thoughts about it. Both of those are from our own Amanda Silberling, who is incredible.

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Temasek’s Pavilion Capital backs South Korean AI chip maker Rebellions with $50M investment

TechCrunch

Semiconductors, which have become a valued asset, are used in virtually almost every industry, including 5G networks, automation, the Internet of Things, financials, smart homes, smart cities, virtual reality (VR), augmented reality and self-driving cars. by the end of this year, Park continued. . Image Credits: Rebellions’ AI chip ION.

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Varjo, an early mover in building XR headsets and software for enterprises, taps $40M

TechCrunch

Varjo describes the latter two as strategic: It’s not clear how the Swiss finance and banking giant is working with Varjo, but Foxconn is a potential manufacturing partner for its devices, CEO Timo Toikkanen said in an interview. We also said that the ultimate incarnation would need to be as good as real life.