Penrose Studios, the creator of award-winning virtual reality entertainment, closed a $10 million Series A funding round led by TransLink Capital. New investor partners of the studio include entrepreneur and SalesForce founder/CEO Marc Benioff, Grammy-award winning artist and VR creator will.i.am, Korea Telecom, and Co-Made.
Vicarious Surgical gained $16.75 million in Series A funding led by Vinod Khosla's Khosla Ventures and Eric Schmidt's Innovation Endeavors. Bill Gates' Gates Ventures, Jerry Yang's AME Cloud Ventures, and Marc Benioff also participated in the round. The startup combines virtual reality with proprietary human-like
vTime, a UK-based virtual reality sociable network that allows users to meet, chat, broadcast, and share with people around the world, closed a $7.6 million Series A funding round led by Deepbridge Capital utilizing the Enterprise Investment Scheme, as well as Liverpool-based institutional loan and
Mondly, a popular language-learning platform with 30 million users, has released MondlyAR -- a language-learning app powered by augmented reality and chatbots with speech recognition. According to the company, it has worked in close collaboration with Google to launch MondlyAR as part of the first
Positron announced at the Sundance Film Festival that it has closed a $1.4 million seed funding round to continue developing the next generation of Voyager™, its flagship VR exhibition and distribution platform. As a 2018 official provider of Sundance Institute®, Positron’s Voyager™ VR chair platform
VR company VirZOOM announced that it has raised $5.5 million in seed funding. Previous and new investors filled the round, including Skywood Capital, with personal investments from partners at Eastham Capital, Fairhaven Capital, and Equity Resource Investments. New investors included Greycroft partner Jon Goldman through
Hyper-reality escape room experiences provider Glo Station closed $3 million in financing. Five investors participated in the round, including Alibaba Group, CRCM, Presence Capital, and MindWorks Ventures. Glo Station can be used for team-building activities for employees, coworkers, schools, clubs, or other groups where everyone must
Dreamscape Immersive completed $30 million in Series B financing, led by AMC, with participation from Nickelodeon, Bold Capital Partners, 21st Century Fox, Warner Bros. Entertainment, Image Nation Abu Dhabi, Majid Al Futtaim Holdings, and VRSense Solutions. Dreamscape Immersive uses VR technology to create “a new
Amazon Web Services’ new enterprise platform, Amazon Sumerian, lets users create and run virtual reality, augmented reality, and 3D applications without any specialized programming or 3D graphics expertise. According to Amazon, Sumerian allows users to add objects (e.g., characters, furniture, and landscape) and design, animate, and
Pixvana, a Seattle-based software startup that builds a video creation and delivery platform for virtual, augmented, and mixed reality (XR), announced it raised $14 million in Series A financing, led by Vulcan Capital, with participation from Microsoft Ventures, Raine Ventures, Cisco Investments, Hearst Ventures, and