AR and VR News | Category: Finances | Page 19

WaveOptics closes GBP £30 million in Series C funding, allowing it to scale business operations in the UK, US and Asia

September 10, 2019

In Augmented Reality News September 9, 2019 – WaveOptics, designer and manufacturer of waveguide displays, a key optical component used in Augmented Reality (AR) wearables, has closed an oversubscribed GPB … continue reading

2019

VRChat partners with HTC and Makers Fund to close USD $10 million in Series C funding

September 6, 2019

In Virtual Reality News September 6, 2019 – VRChat has announced that it has successfully closed a USD $10 million Series C investment round of funding. This latest financing includes … continue reading

NexTech raises CAD $1.1 million to help accelerate development of its ARitize Hollywood Studios

August 20, 2019

In Augmented Reality News August 20, 2019 – NexTech AR Solutions Corp. announced yesterday the closing of its private placement financing for gross proceeds totaling CAD $1,161,780.00 comprised of 1,936,299 … continue reading

Light Field Lab raises USD $28 million in Series A funding to build Holographic ecosystem

August 13, 2019

In Augmented Reality News August 13, 2019 – Light Field Lab, Inc., developer of holographic display technologies, announced yesterday the close of a USD $28 million Series A funding round … continue reading

RealWear acquires assets of Kopin’s Golden-i Infinity Smart Screen for USD $3.5 million

August 8, 2019

In Augmented Reality News August 8, 2019 – Knowledge transfer platform company, RealWear, has today announced that it has acquired the assets of Kopin’s Golden-i Infinity Smart Screen. In a … continue reading

BadVR receives Small Business Innovation Research grant from National Science Foundation

July 11, 2019

In Virtual Reality News July 11, 2019 – BadVR has announced that it has received a Small Business Innovation Research (SBIR) grant from the National Science Foundation to apply virtual … continue reading

Series B financing round allows RealWear to expand distribution of HMT industrial wearables

July 2, 2019

In Augmented Reality News July 2, 2019 – RealWear, Inc. has announced a USD $80 million Series B financing round. RealWear stated that the company will use the funds, which … continue reading

2019

Vuzix announces USD $20 Million registered direct offering

July 1, 2019

In Augmented Reality News July 1, 2019 – Vuzix Corporation has announced the entry into agreements with two large institutional investors relating to the sale of 5,479,454 shares of its … continue reading

Varjo Technologies announces new XR-1 Developer Edition Mixed Reality headset

May 29, 2019

In Augmented Reality, Virtual Reality News and Mixed Reality News May 29, 2019 – Varjo Technologies has today announced the company’s new XR-1 Developer Edition mixed reality headset. The XR-1 … continue reading

Snap Inc. appoints Derek Andersen as CFO and Lara Sweet as Chief People Officer

May 22, 2019

May 22, 2019 – Snap Inc. has announced the appointment of Derek Andersen, currently Snap’s Vice President of Finance, as Chief Financial Officer. Mr. Andersen will take over the responsibilities … continue reading

HTX Labs Awarded SBIR Phase I by US Air Force for Virtual Reality Training Program

April 27, 2019

April 27, 2019 – HTX Labs, LLC, a creator of immersive training and simulation programs, has announced that it is a recent recipient of a US Air Force Small Business … continue reading

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

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