Investment – spatialcomputing.info

Netflix Acquires XR Avatar Startup Ready Player Me

Netflix announced it’s acquiring Ready Player Me, the avatar creation platform, which the streaming giant hopes to leverage soon with the rollout of user personas across Netflix Games. The News Terms of the deal were not disclosed, according to TechCrunch. It’s said however the Estonia-based startup’s team of around 20 people will be joining the […]

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Road to VR & Scott Hayden

22. Dezember 2025

Mojo Vision Secures $75M Investment to Commercialize Micro-LED Displays for XR Glasses

Mojo Vision announced it’s secured a $75 million Series B Prime investment round, which the company says will support the commercialization of its powerful and flexible micro-LED platform for XR glasses. The round was led by Vanedge Capital, and included investments from current shareholders Edge Venture Capital, New Enterprise Associates (NEA), Fusion Fund, Knollwood Capital, […]

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Road to VR & Scott Hayden

9. September 2025

Varjo Secures $5.8M Investment to Accelerate Military-Grade XR Hardware

Varjo, the Finland-based maker of high-end XR headsets, announced it’s secured a €5 million (~$5.8 million) minority investment from THEON, the Greece-based manufacturer of military imaging systems. Structured as a convertible loan, the €5 million investment also includes the option to secure an additional €5 million under the same terms, the companies say in a […]

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Road to VR & Scott Hayden

22. August 2025

Ray-Ban Meta Smart Glasses Revenue Triples Year-over-Year, Fueling Meta’s $3.5 Billion Bet on EssilorLuxottica

EssilorLuxottica released its second quarter earnings report, revealing that Ray-Ban Meta smart glasses have tripled in revenue year-over-year. Released in 2023, Ray-Ban Meta is the companies’ second-gen smart glasses, serving up music, photo/video capture, and Internet searches via Meta AI. Starting at $300, the smart glasses have done remarkably well for themselves, prompting Meta to […]

The post Ray-Ban Meta Smart Glasses Revenue Triples Year-over-Year, Fueling Meta’s $3.5 Billion Bet on EssilorLuxottica appeared first on Road to VR.

Road to VR & Scott Hayden

29. Juli 2025

Google Reportedly to Invest $100M in Smart Glasses Partner Gentle Monster

Ahead of Google’s planned rollout of Android XR-equipped smart glasses, the company is reportedly making a $100 million investment in hardware partner Gentle Monster, the South Korean fashion eyewear brand. According to a Korean Economic Daily report, Google is slated to sign a deal worth around 145.0 billion Korean won (~$100 million) in Gentle Monster. Citing investment […]

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Road to VR & Scott Hayden

24. Juni 2025

VR Treadmill Company Virtuix Raised Another $3M in Crowd Investments, Now at $200M Valuation

VR treadmill company Virtuix launched a crowd-based investment campaign late last year to further scale Omni One, its consumer-focused VR locomotion device. Now, the campaign’s second phase (Series B-2) has come to an end, garnering the company over $3 million. The company’s Series B-2 round has come to a close, which offered Series B Preferred […]

The post VR Treadmill Company Virtuix Raised Another $3M in Crowd Investments, Now at $200M Valuation appeared first on Road to VR.

Road to VR & Scott Hayden

23. Juni 2025

Japan’s TDK Acquires Smart Glasses Maker SoftEye to Advance Wearable AI Tech

TDK, the Japan-based electronic component and software company, announced it’s acquired SoftEye, the US-based smart glasses hardware and software maker. TDK calls the acquisition of SoftEye a “key milestone in the development of TDK’s contribution to the entire AI ecosystem and reinforces the business portfolio to establish a leadership position in this critical market.” While […]

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Road to VR & Scott Hayden

20. Juni 2025

Online Dating Company Announces $20M Annual Fund to Accelerate “virtual intimacy” Startups

Social Discovery Group, the company behind Dating.com and DateMyAge.com, announced it’s launched a venture studio that aims to “transform virtual intimacy into the new normal” by backing early-stage startups in AI-powered communication, XR advancements, and social discovery platforms. Called SDG Lab, the group has pledged an annual investment of $20 million by providing a “straightforward” […]

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Road to VR & Scott Hayden

3. März 2025

Pioneering VR Studio Fast Travel Games Raises $4M

Fast Travel Games, the developer and publisher behind a host of VR games, announced it’s closed a new investment of $4 million, something the company says will help it further develop its own IP for VR platforms as well as support ongoing publishing initiatives. The latest round was led by Handelsbanken Fonder, with existing owners […]

Road to VR & Scott Hayden

12. Oktober 2023

Seasoned VR Devs Raise $1.6 Million for New Studio Focused on Virtual Pet Experience

Windup Minds is a newly announced XR studio which has raised a $1.6 million seed investment for immersive experiences focused on virtual pets and companions. Windup Minds was founded earlier this year by Bernard Yee, Ben Vance, Amy Conchie, and Stefani Swiatkowski. The quartet of seasoned VR developers have collectively worked at Oculus, WeVR, Microsoft, EA, […]

Road to VR & Ben Lang

11. August 2023