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7 investors discuss augmented reality and VR startup opportunities in 2020

TechCrunch

For all of the investors preaching that augmented reality technology will likely be the successor to the modern smartphone, today, most venture capitalists are still quite wary to back AR plays. “We believe VR is still the largest long-term opportunity of the two. . AR complements the real world, VR creates endless new worlds.”

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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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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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AR/VR screens could be getting a lot better as ‘microLED’ tech sneaks out of the lab

TechCrunch

Small displays like smartwatches and AR/VR applications are about to get a lot better, at least if Porotech has anything to do with it. Mass-produced microLEDs will be pivotal for the future of displays, particularly the emerging AR and VR spaces. “This doesn’t just herald widespread adoption of consumer-grade MR, VR and AR.

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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’s core technology is its software. Hardware-wise, the business uses Facebook’s Oculus Quest headset with Oculus for Business, not the generic customer hardware available in stores.

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Mozilla acquires Active Replica to build on its metaverse vision

TechCrunch

” According to Mozilla SVP Imo Udom, Active Replica will support Mozilla’s ongoing work with Hubs, the latter’s VR chatroom service and open source project. Ervin is a software engineer by trade, having held roles at AR/VR startups Metaio, Liminal AR and Occipital.

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Say goodbye to the notch? OTI raises $55M for technology to remove screen obstructions

TechCrunch

Areas where the display materials are likely to make an appearance in coming years include smartphones, tablets, laptops, AR and VR headset makers, televisions and potentially automotive applications. Helander said the platform runs using “classic hardware,” with some compute from third-party quantum companies like D-Wave.