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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. “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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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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Xbox Cloud Gaming now available on Meta Quest 2, 3 and Pro

TechCrunch

Xbox has brought is Cloud Gaming service to Meta Quest VR headset devices, as both companies said it would at the launch of the latest Quest 3 hardware earlier this year. The Xbox Cloud Gaming app has a beta label, and it’s limited to Quest 2, Quest 3 and Quest Pro headsets (sorry OG Quest […] © 2023 TechCrunch.

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Medical simulation platform FundamentalVR raises $20M to help surgeons learn through VR

TechCrunch

FundamentalVR , an immersive simulation platform for medical and health care professions, has raised $20 million in a round of funding to “accelerate skill-transfer and surgical proficiency” through virtual reality (VR) and mixed reality (MR) applications. Big impact. FundamentalVR: Ocular gene therapy simulation.

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

TechCrunch

Hardware-wise, the business uses Facebook’s Oculus Quest headset with Oculus for Business, not the generic customer hardware available in stores. Transfr started as a mentor-based VR training programming play. He first saw virtual reality when he attended a gaming conference in San Francisco in 2017. “I

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PortalOne raises $60M as it levels up to launch its hybrid, immersive gaming platform later this year

TechCrunch

Gaming has been one of the most popular entertainment categories in the last two years of pandemic living. Now, a gaming startup that’s building a new kind of platform that it thinks will be a — wait for it — game changer in the category is announcing some funding as to ride that wave of attention.

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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.