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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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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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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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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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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AppliedVR Secures $29M Funding to Pursue FDA Approval for VR Pain Management Tech
AppliedVR, a virtual reality pain management startup, today announced it has secured $29 million in funding, something it aims to use in pursuit of FDA approval for its cognitive behavioral therapy-based pain management tech. The Series A financing round includes F-Prime Capital, JAZZ Venture Partners, Sway Ventures, GSR Ventures, Magnetic Ventures, and Cedars-Sinai, bringing its total […]

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Pico Raises $37M Series B+ Financing, Neo 3 Standalone to Release in Q2 2021
Pico Interactive, the Beijing-based VR headset creator, announced it has secured a fresh funding round of ¥242 million RMB (~$37 million), something the company says will help launch new hardware. Update (March 11th, 2021): Pico has provided Road to VR with a press statement targeted towards western media. In it, the company says the funding […]

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Pico Raises $37M Series B+ Financing, Neo 3 Standalone to Release in Q2 2021
Pico Interactive, the Beijing-based VR headset creator, announced it has secured a fresh funding round of ¥242 million RMB (~$37 million), something the company says will help launch new hardware. Update (March 11th, 2021): Pico has provided Road to VR with a press statement targeted towards western media. In it, the company says the funding […]

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Vertigo Games Acquires VR Arcade Game Distribution Platform SpringboardVR
Vertigo Games, the studio behind Arizona Sunshine (2017) and upcoming VR shooter After the Fall, today announced that it has acquired SpringboardVR, creators of the eponymous location-based VR content distribution platform. The acquisition amount was undisclosed, however the move is slated to see several members of the SpringboardVR team transfer to Vertigo Games, something the company […]

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Educational Studio Kuato Raises $6M to Build Asymmetric VR Games
Kuato Studios, a UK-based creator of educational games, announced it has raised £4.5M (~$6.1M USD) as the company takes a stride into virtual reality gaming for the first time. Led by Hong Kong venture capital firm Horizons Ventures, the company says it will be using its fresh funding round to expand its existing library of games into […]

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