EXCLUSIVE: Presence Capital — one of the earliest venture capital firms to focus on virtual reality and augmented reality startups — is today announcing that it has made 33 investments. That’s a lot of investments for a fund that was announced in December 2015. Presence Capital has invested in Baobab Studios, Bigscreen, Harmonix, Nomadic, Meta, Resolution...
Tag: #VR #AR
The augmented reality landscape shows 60% growth in startups focused on enterprise
The Venture Reality Fund released its augmented reality landscape for the second quarter, and the research shows that 150 companies are focused on a wide range of AR technologies. The Venture Reality Fund, which has raised $50 million to invest in AR and virtual reality startups, said it saw a 60 percent increase in the...
Marvel Powers United VR: Hands-on with the superhero VR app on the Oculus Rift
Disney showed a glimpse of Marvel’s first virtual reality game over the weekend, showing three of a dozen superheroes who will be available in the game. And now we’ve been able to get our hands on the game, Marvel Powers United VR, on the Oculus Rift. This is the kind of brand and experience that...
Why don’t more developers release games like Mario Maker? GamesBeat Decides
Super Mario Maker came out in 2015 and proved that designing games is a ton of fun. Now, in 2017, gamers are still waiting for a followup to that game from Nintendo or something similar from any other publisher or developer. Instead, fans have started filling in the gaps with their own games that enable...
NBA’s Sacramento Kings and Nike launch augmented reality app
The Sacramento Kings NBA basketball team has launched an augmented reality app in partnership with Nike. The fan app is the beginning of an eight-year global marketing and merchandise agreement between Nike and the National Basketball Association (NBA). The app lets fans personalize Sacramento Kings uniforms and virtually photograph themselves with star players. It’s another...
Mira unveils lightweight augmented reality glasses for $100
Most augmented reality glasses aren’t practical. So Mira designed AR mobile glasses that were created from the outset to be lightweight, minimalist, and low-cost. Today, the company is unveiling its Prism glasses, which you can preorder for $100. The Los Angeles company has raised $1.5 million in funding from Sequoia Capital, Troy Capital Partners, S-Cubed Capital,...
Unlocking the power of VR storytelling — whatever business you’re in (VB Live)
VB LIVE: VR creates infinite possibilities, but it’s still a brave new world where best practices are only just being discovered. Join our latest interactive VB Live event to learn how to use VR to give customers a whole new way to see, touch, interact and engage. Register now for free! “SeaWorld is different from...
Leap Motion raises $50 million for key component of VR’s growth: hand-tracking tech
Leap Motion has raised $50 million for its virtual reality hand-tracking technology. J.P. Morgan Asset Management led the round. It’s a big vote of confidence in the next generation of VR, as Leap Motion makes sensors that can detect your hand and finger motions in the real world and then translates them into the virtual...
WaveOptics raises $15.5 million for augmented reality displays
London-based WaveOptics has raised $15.5 million in a second round of funding for its augmented reality display technology. The round was led by Gobi Ventures, Touchstone Innovations (with a $4 million contribution), Robert Bosch Venture Capital, and Octopus Investments. AR is expected to be a $83 billion market by 2021, according to tech adviser Digi-Capital....
Your VR game will never scale without data (VB Live)
VB LIVE: VR game company Survios’ Raw Data became the first VR-exclusive game to reach #1 on Steam’s Global Top Sellers list. The secret? Data and analytics. Register now for our latest interactive VB Live event to learn how to turn data into winning VR games. Register here for free. “The question I always get...
