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Mixed Reality Gaming Studio MixRift Secures $1.6M Funding to Make the ‘Angry Birds’ of MR

MixRift, a mixed reality game studio, today announced it’s secured a $1.6 million pre-seed investment round, something the team says will be used to develop more MR games. The funding round was led by Outsized Ventures, Underline Ventures, and SOSV. According to CrunchBase data, MixRift received an undisclosed round from SOSV in May 2024. Founded in […]

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Road to VR & Scott Hayden

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HTC Cuts Vive XR Elite Price Ahead of New Headset Reveal

HTC has reduced the price of Vive XR Elite, its flagship standalone headset, cutting it from $1,100 to $900. The deal appears to only be available in the US, as Vive XR Elite is still selling for its launch price across other major regions—€1,449 in Europe and £1,299 in the UK. Released in February 2023, […]

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Road to VR & Scott Hayden

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HTC Cuts Vive XR Elite Price in More Regions Ahead of New Headset Reveal

HTC has reduced the price of Vive XR Elite, its flagship standalone headset, cutting it from $1,100 to $900. Update (August 12th, 2024): In addition to permanently cutting the price of Vive XR Elite in the US, HTC has announced the same deal is coming to the UK where the headset will drop to £900. The […]

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Road to VR & Scott Hayden

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VR Port Studio Joins Andreessen Horowitz Accelerator, Earning Investment and Validation

Flat2VR Studios has been accepted into the SPEEDRUN accelerator, not only giving the studio a financial boost on its mission to bring VR support to non-VR games, but a good measure of validation too. Hosted by A16Z Games, a games-focused investment arm of Andreessen Horowitz, Speedrun is early-stage accelerator for startups that includes $750,000 as […]

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Road to VR & Scott Hayden

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Omni One VR Treadmill Shares Launch Lineup of 51 VR Games, Shipping Expected in September

Virtuix’s latest VR treadmill, Omni One, is finally set to launch next month. The company has updated its launch roster of VR games that will natively support the treadmill, now including Sniper Elite VR. Virtuix is pitching Omni One as an all-in-one system for immersing yourself in VR with full body locomotion. Rather than being merely an […]

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Road to VR & Ben Lang

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Microsoft and Sony Join Other Industry Giants in Support of OpenUSD Standard

Last year, Pixar, Adobe, Apple, Autodesk, and NVIDIA announced the Alliance for OpenUSD, an organization to advance and proliferate the USD file format as the future standard for creating and distributing 3D content. The standard, which is a framework for constructing and packaging complex 3D scenes, was called the “HTML of the metaverse” by NVIDIA, […]

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Road to VR & Ben Lang

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HTC Appears to be Teasing Its Next Vive Focus Headset

HTC released a new video promising something “coming soon,” teasing what promises to be the next XR headset from the company. The video is largely a sizzle reel of its recent standalone headsets, Vive XR Elite (2023) and Vive Focus 3 (2021), focusing on their use for both enterprise and gaming. “Soon, out innovation will […]

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Road to VR & Scott Hayden

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HTC Appears to be Teasing Its Next Vive Focus Headset

HTC released a new video promising something “coming soon,” teasing what promises to be the next XR headset from the company. The video is largely a sizzle reel of its recent standalone headsets, Vive XR Elite (2023) and Vive Focus 3 (2021), focusing on their use for both enterprise and gaming. “Soon, out innovation will […]

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Road to VR & Scott Hayden

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Quest 3 is Getting AI Vision Features While Apple Intelligence on Vision Pro Still Isn’t Confirmed

Meta today announced plans to update Quest 3 with AI vision features similar to what’s on the company’s latest Meta Ray-Ban glasses. Meanwhile, Apple still hasn’t confirmed if Apple Intelligence features will hit Vision Pro at the same time as other Apple devices this Fall. Meta has pointed to AI investments as its other major […]

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Road to VR & Ben Lang

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Magic Leap Lays Off Sales & Marketing Amid Report of “last ditch” Pivot to License AR Optics

Storied AR headset unicorn Magic Leap has laid off its entire sales and marketing departments, making for around 75 jobs cut from its rolls. Initially the focus of a Bloomberg report, Magic Leap has now confirmed the layoff round, stating the move was to adjust its strategy moving forward: “Magic Leap has been evolving our go-to-market approach […]

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Road to VR & Scott Hayden