VR & AR

Hand-tracking company Leap Motion has raised another $50m in Series C funding led by JP Morgan Asset Management, the firm has announced. This brings Leap Motion’s total fund-raising amount to just over $94m, according to Crunchbase. As described in a blog post on Leap Motion’s website, the funding will allow …

Virtual reality developer and publisher nDreams has raised a further 2.7m in investment, the studio announced today. Of that figure, 2m has come from a follow-on investment from Mercia Technologies, while the remaining 700,000 has come from private investors. As the VR industry continues to grow, nDreams hopes to use …

Oculus has announced another price drop for its virtual reality headset as part of its Summer of Rift sale, taking the cost of a headset and Touch controller bundle to just 399. That’s another 200 off its initial price cut, and puts it within just 50 of Sony’s PlayStation VR …

The early focus on virtual reality in the home has distracted from where its real success will come. That’s the belief of Starbreeze’s chief technology officer Emmanuel Marquez, who told VentureBeat that dedicated gamers will not be the catalyst of the technology’s eventual rise. Since day one I knew it …

An augmented reality studio founded by two former Valve employees has ceased operations. That’s according to Polygon, which reports that CastAR and closed its internal development studio Eat Sleep Play and laid off around 70 members of staff across its Palo Alto and Salt Lake City offices. A group of …

The higher-than-expected number of players who tried Resident Evil VII in VR was a surprise to Sony and has shaped its PS4 strategy. That appears to be the message from PlayStation’s global sales and marketing boss Jim Ryan, who told Games Industry: We had no idea that VR would play …

Consumers are now able to buy the HTV Vive at more US retailers than ever before. The company has announced a large online retail expansion” that sees the virtual reality hardware become available from BestBuy.com, Walmart.com, Jet.com and B&H. These retailers mark a massive expansion of our online retail presence …

The newly announced Mario Kart Arcade GP will be leading the charge at Bandai Namco’s latest VR entertainment centre, which is due to open next month, the publisher has announced. The facility, VR Zone Shinjuku,is set to be the largest VR entertainment facility in the whole of Japan. Opening on …

Valve's VR HDK will allow for the use of two base stations

Nearly everyone who’s buying a new Oculus Rift headset is also purchasing its Touch motion controllers, Oculus has revealed. Speaking at a Digital Dragons presentation in Krakow last week, Oculus’ publishing and developer relations for third party content Paul Jastrzebski told developers that the recent price cuts on both the …