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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 raises millions more in celebrity party round. Image Credits: Sandbox VR. Canada and Asia.

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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

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 started as a mentor-based VR training programming play.

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As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform

TechCrunch

The property industry now requires high-quality photographs, floor plans and virtual tours, so the industry for software providers in the space is booming. The whole area was accelerated during the pandemic, when many property viewings migrated from physical to virtual, and this trend has continued to tick upward.

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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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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.