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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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CommonGround raises $25M for immersive video avatar technology that doesn’t rely on VR gear

TechCrunch

Like “TrueSelf Scan,” the name of the initial application that’s used to scan a person’s image, the meeting software also will not require a VR headset to use and engage with — users will be “seated” in a room that will be shown on a video screen.

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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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Emperia is helping brands like Bloomingdales build shopping experiences in VR

TechCrunch

Does the average person want to shop for apparel in virtual reality (VR)? But not everyone agrees — particularly those who hope to build a business out of VR retail. ” Emperia’s platform offers tools brands can use to create virtual experiences, including stores in VR. Perhaps so.

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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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Hexa raises $20.5M to turn images into 3D objects for VR, AR and more

TechCrunch

But HTC’s focus has increasingly shifted over the years from mobile to VR, and it evidently sees Hexa as aligned with its current — and perhaps even future — lines of business. But he later pivoted the business into a general-purpose tech stack for VR, AR and 3D-model-viewing experiences. So what differentiates Hexa?

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VR gaming startup ForeVR Games raises $10M to grow its library of Wii Sports-like titles

TechCrunch

While Meta tries to convince users to attend virtual work meetings in its metaverse , ForeVR Games , a VR gaming startup with casual games like bowling, darts and cornhole, is a reminder that virtual reality is supposed to be fun. Image Credits: ForeVR Games. Here are the games that were announced at the Meta Quest Gaming Showcase.

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