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Veteran XR Studio Behind One of VR’s Most Recognizable Early Experiences Raises $3.5M

Wevr, the veteran XR studio behind one of VR’s earliest and most recognizable VR demo, announced it’s now secured $3.5 million in new funding from HTC Corp. and Epic Games. It’s been almost a decade since VR enthusiasts first got a chance to don the pre-production version of HTC Vive at GDC 2015, where they […]

The post Veteran XR Studio Behind One of VR’s Most Recognizable Early Experiences Raises $3.5M appeared first on Road to VR.

Road to VR & Scott Hayden

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Veteran XR Studio Behind One of VR’s Most Recognizable Early Experiences Raises $3.5M

Wevr, the veteran XR studio behind one of VR’s earliest and most recognizable VR demo, announced it’s now secured $3.5 million in new funding from HTC Corp. and Epic Games. It’s been almost a decade since VR enthusiasts first got a chance to don the pre-production version of HTC Vive at GDC 2015, where they […]

The post Veteran XR Studio Behind One of VR’s Most Recognizable Early Experiences Raises $3.5M appeared first on Road to VR.

Road to VR & Scott Hayden

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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

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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

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Collaborative Spatial Design App ‘ShapesXR’ Raises $8.6M, Expanding to Apple Vision Pro & Other Headsets

ShapesXR is a collaborative spatial design app built to make it easy to prototype spatial interfaces, interactions, and environments. The company announced today it has raised an $8.6 million seed investment, part of which the company plans to use to expand to more headsets. While so many VR interfaces and interactions borrow heavily (if not […]

Road to VR & Ben Lang

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Pimax Secures $30M Series C1 Funding to Expand & Support Rollout of Crystal & Portal VR Headsets
Pimax, the China-based creator known for its wide field of view (FOV) VR headsets, announced it’s secured a $30 million series C1 financing round, something the company says will aid in the rollout of its new portfolio of VR devices. The series C1 was led by Beijing-based investment firm Tuanmu Capital. This follows the company’s […]

Road to VR & Scott Hayden

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VR Education Startup Raises $12.5M to Teach Math and More Using VR in Schools
Prisms VR, an immersive platform for teaching math, announced it’s raised $12.5 million in a Series A round, which the company says will be used to expand its VR math literacy platform to more schools across the US. Led by Andreessen Horowitz, the latest funding round brings Prisms VR’s lifetime funding to $19.1 million, according […]

Road to VR & Scott Hayden

VR Training Company Gemba Secures $18M Series A to Expand Enterprise Metaverse
Gemba, the corporate VR learning platform, announced it’s closed an $18 million Series A funding round, which the company says will be used to continue expansion into Europe, the Middle East, Africa, and North America. The latest funding round was led by Parkway Venture Capital, now valuing the UK-based company at $60 million. In 2017, Gemba […]

Road to VR & Scott Hayden

‘Swords of Gargantua’ Studio Thirdverse Secures $15M, Aims to Bring Latest Titles to PSVR 2
Japanese VR studio Thirdverse today revealed it’s raised $15 million, something the Swords of Gargantua developer says will be used to expand global recruitment and develop new Web3 and VR titles. In its latest round, MZ Web3 Fund has signed on as the lead investor, bringing the company’s overall outside funding to $33 million. As […]

Road to VR & Scott Hayden

High-end Haptic VR Glove Company HaptX Raises $23 Million Investment
HaptX, which makes-enterprise focused haptic VR gloves, has announced the closure of a $23 million investment. The company says it will use the cash to accelerate the rollout of its next-gen products. HaptX has been enhancing and refining its enterprise-focused haptic VR gloves for several years now. In addition to force-feedback, the company also touts […]

Road to VR & Ben Lang