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Quell raises $3M to turn home fitness into a game

TechCrunch

Do people want their at-home fitness to come in video-game form? The incredible popularity of games like Ring Fit Adventure suggests yes. At the core of Quell’s gameplay is the “Gauntlet” — a harness, of sorts, that the player slips on to control Quell’s games. Image Credits: Quell.

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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’s core technology is its software.

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Disney-backed Inworld raises new cash for its AI-powered virtual characters

TechCrunch

The video game industry is no exception to this, and that hardly comes as a surprise. As illustrated by games like AI Dungeon, AI — while imperfect — can inject surprising creativity and novelty into branching narrative storytelling. This is what we are addressing by bringing virtual characters to life with AI.”

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Labster gets millions from a16z to bring virtual science lab software to the world

TechCrunch

billion in assets under management , has poured millions into an edtech startup that sells virtual STEM lab simulations to institutions. Labster lands new cash to bring its virtual reality science lab software to Asia. With platform ambition, Labster is pausing its virtual reality efforts, which requires acquiring headsets at scale. “VR

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7 investors discuss augmented reality and VR startup opportunities in 2020

TechCrunch

The reasons are plentiful, but all tend to circle around the idea that it’s too early for software and too expensive to try to take on Apple or Facebook on the hardware front. On the hardware side, the ghost of Magic Leap’s formerly hyped glory still looms large. Tipatat Chennavasin, The Venture Reality Fund.

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YC and a16z back virtual reality basketball app Gym Class

TechCrunch

spending billions of dollars on virtual reality tech every fiscal quarter, the wider VR startup ecosystem has been having a tough few years coming down from the highs of 2016, when investors dumped money into the sector expecting Oculus-sized returns only to see most of their investments slowly wilt away. Despite Zuckerberg & Co.

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Incredibuild powers up with $35M to boost its distributed, faster approach to games and software development

TechCrunch

Incredibuild , an Israeli startup that has picked up a lot of traction in the worlds of gaming and software development for a platform that drastically speeds up (and reduces the cost of) the shipment of code and related collateral during building and testing — has raised some capital to speed up its own development.