AR and VR News | Category: Finances | Page 20

Samsung Electronics to Invest KRW 133 Trillion in Logic Chip Businesses by 2030

April 24, 2019

April 24, 2019 – Samsung Electronics has today announced that it will invest KRW 133 trillion by 2030 to strengthen its competitiveness in System LSI and Foundry businesses, which are … continue reading

BC Tech announces closure of Vancouver’s AR/VR/MR Cube facility

April 18, 2019

April 18, 2019 – BC Tech has announced that it will be closing its Cube facility in Railtown effective 17 May, 2019. The 6,000 square foot location was established as … continue reading

NexTech closes acquisition of Infinite Pet Life and outlines AR enhancements

April 12, 2019

April 12, 2019 – NexTech AR Solutions has announced that it has completed its acquisition of Infinite Pet Life for a purchase price of USD $1,850,000. Infinite Pet Life generated … continue reading

GIBLIB Raises $2.5 Million seed round funding to expand medical VR content library

April 3, 2019

April 03, 2019 – GIBLIB, the streaming media platform offering on-demand medical lectures and surgical videos in 4K and 360-degree virtual reality, has closed USD $2,500,000 in seed funding. The … continue reading

Scope AR secures USD $9.7 million in Series A funding

March 22, 2019

March 22, 2019 – Scope AR has announced that it has secured a USD $9.7 million round of Series A funding. The round was led by Romulus Capital, with follow-on … continue reading

VIVE X company, Mindesk, secures $900k for its VR CAD collaboration platform

March 12, 2019

March 12, 2019 – Following the graduation from VIVE X, HTC VIVE’s global VR/AR accelerator, Mindesk has moved its HQ to San Francisco and will continue to develop VR software … continue reading

VR among future growth drivers of global semiconductor industry according to SIA

March 4, 2019

March 4, 2019 – The Semiconductor Industry Association (SIA), which works to represent the US semiconductor industry, today announced that worldwide sales of semiconductors had fallen year-on-year by 5.7 percent … continue reading

BadVR awarded Magic Leap Independent Creator Program grant

March 1, 2019

March 1, 2019 – On Thursday it was announced that BadVR was named an awardee of Magic Leap’s Independent Creator Program grant. The augmented reality company chose BadVR’s immersive data … continue reading

Samsung announces Q4 and FY 2018 results, with aim of launching foldable smartphone models in 2019

January 31, 2019

January 31, 2019 – Samsung has today announced its financial results for Q4 and FY 2018. Overall, the company reported an increase in sales of 1.75% to KRW243.77 trillion, compared to … continue reading

nreal announces ‘nreal light’ mixed reality glasses and USD $15 million in Series A funding

January 7, 2019

January 7, 2019 – nreal, developer of mixed reality (MR) glasses, has today announced nreal light, its first flagship ready-to-wear mixed reality glasses. nreal light features a consumer-focused design that … continue reading

Blippar announces it is entering administration

December 17, 2018

December 17, 2018 – Blippar has announced that it is entering into administration. The company stated that over the last several months, the team at Blippar has been focusing the … continue reading

Cineplex and VRstudios announce partnership for VR attractions across North America

September 13, 2018

September 13, 2018 – Cineplex has today announced a strategic partnership with VRstudios, Inc., a provider of turnkey, location-based virtual reality solutions. The agreement includes a commercial partnership and an … continue reading

Magic Leap Announces $502 Million in Series D Funding

October 18, 2017

October 17, 2017 – Magic Leap, Inc. announced today that it has raised $502 million in Series D equity funding, led by Temasek and with participation from strategic and financial … continue reading

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