Tag Archives: virtual reality

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 …

Hot off the heels of Oculus’ temporary price cut to its Rift headset last week, a report surfaced on Friday that the company might also be preparing an even cheaper model of the Riftas a kind of budget successor. Currently code-named ‘Pacific’, the headset will allegedly bridge the gap between …

Samsung’s innovation and investment programme, Samsung Next, has announced its expansion to Europe with a first investment targeting tech start-ups. Raised back in January, the $150m fund (115m) will be used to back European start-ups working in augmented and virtual reality, the internet of things and artificial intelligence. The new …

VR will make a big stride towards the mainstream in 2018 when Oculus releases a $200 standalone VR headset. That’s according to Bloomberg, which says that the new headset is designed to bridge the gap between cheaper entry-level smartphone based VR and high-end headsets that plug into PCs. Not only …

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 …

The studio behind Wasteland and Tides of Numenera has announced it’s working on a VR open world survival RPG title after securing a combined equity and project investment of $4.5m from a subsidiary of Japan’s global entertainment publisher and developer Gumi Inc. InXile Entertainment, who’s also currently working on Wasteland …

A team of ex-ARM and Guerrilla Cambridge devs have set up a new company based in Cambridge dedicated to revolutionising the worlds of virtual, augmented and mixed reality technology and content. Virtual Arts was initially formed in December 2016 when co-founders Nizar Romdan and Doug Day (CEO and CTO respectively) …

Oculus’ senior developer of strategy has left the company after over three years. Callum Underwood confirmed via a blog post that he is joining indie publisher Raw Fury, where he will join former DICE CEO Karl Magnus Troedsson and former Destructoid head Hamza Aziz. At Oculus he was a key …

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 …