‘Wraith: The Oblivion VR’ Studio Fast Travel Games Raises $4M Investment
Fast Travel Games, the Sweden-based VR developer and publisher behind titles such as Wraith: The Oblivion – Afterlife (2021) and Apex Construct (2018), today announced a new investment worth $4 million. Brightly Ventures, a Nordic early-stage tech investment firm, led the round, and includes existing owners Industrifonden, Creades, and Inbox Capital. According to data provided by […]

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Road to VR & Scott Hayden

‘VRChat’ Secures $80M Series D Funding to Create its Own Digital Economy
VRChat, the popular social VR platform, announced its secured a Series D funding round of $80 million, which brings to the startup more than five times its overall lifetime investment. The round was led by Anthos Capital, alongside participating investors Makers Fund, GFR Fund and others. According to Crunchbase, this brings VRChat’s overall outside investment to […]

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Road to VR & Scott Hayden

‘VRChat’ Secures $80M Series D Funding to Create its Own Digital Economy
VRChat, the popular social VR platform, announced its secured a Series D funding round of $80 million, which brings to the startup more than five times its overall lifetime investment. The round was led by Anthos Capital, alongside participating investors Makers Fund, GFR Fund and others. According to Crunchbase, this brings VRChat’s overall outside investment to […]

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Road to VR & Scott Hayden

VR Meditation App ‘Tripp’ Raises $11M Series A Investment
TRIPP, the Los Angeles-based startup behind the eponymous VR meditation app, has secured a Series A investment amounting to $11 million. The investment, which was announced via TechCrunch, was led by Vine Ventures and Mayfield with participation from Integrated. This brings the company’s overall outside funding to $15 million, with its first $4 million secured back […]

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Road to VR & Scott Hayden

Red 6 Raises $30 Million for In-flight Military AR Training Platform
Red 6, a company building an aircraft platform with augmented reality capabilities designed for military training, says it has raised a $30 million Series A investment to further its mission. Founded in 2018, Red 6 is the creator of the Airborne Tactical Augmented Reality System (ATARS), which brings augmented reality into the cockpit of training […]

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Road to VR & Ben Lang

Snap Acquires AR Display Startup WaveOptics for Over $500M
Snap Inc is making some definite strides into augmented reality territory as of late. It not only announced yesterday that its next-gen version of Spectacles will be a AR device, but it’s now come to light that the company is acquiring WaveOptics, the startup behind the AR optics within the Spectacles themselves. As confirmed by […]

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Road to VR & Scott Hayden

Holoride Secures $12M Funding to Create Immersive in-car VR Experiences
Holoride, the Audi co-founded startup aiming to inject immersive VR and AR into everyday car travel, announced it’s raised a €10 million (~$12 million) Series A investment round. The company first unveiled its tech back at CES 2019, showing off its platform which integrates a car’s movement with a VR content. The idea is backseat passengers […]

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Road to VR & Scott Hayden

Vicarious Surgical Aims to Raise $460M with $1.1B Valuation for VR Surgery Platform
Vicarious Surgical, a robotics-based medical company, today announced that it’s merging with D8 Holdings, a special purpose acquisition company. Vicarious Surgical is slated to go public on the New York Stock Exchange (NYSE) where it is expected to garner up to $460 million, with an estimated $1.1 billion valuation. Founded in Massachusetts in 2014, Vicarious […]

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Road to VR & Scott Hayden

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AmazeVR Secures $15M to Bring Immersive Concerts to VR
AmazeVR, a Los Angeles-based company creating on-demand VR video, has raised $15 million in funding to refocus its efforts to create VR concerts. The company says its first major immersive concert will feature artist Megan Thee Stallion and debut this Spring at activations in select AMC theaters. In the future the company also plans to offer […]

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Road to VR & Scott Hayden

Social VR App ‘Rec Room’ Raises $100M Financing, Estimated at $1.25B Valuation
Rec Room, the social VR platform, announced it has secured a $100 million financing round, bringing the company’s valuation to $1.25 billion. This makes it one of the most valuable VR companies outside of platform holders Facebook, Valve, and HTC. Speaking to the Wall Street Journal, Rec Room reveals its largest round to date was […]

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Road to VR & Scott Hayden