Tag: Virtual Reality
VR chair startup raises funds, as pandemic boosts prospects for VR and gaming
Roto VR, startup which markets an interactive, ‘360 degree’ chair, has raised £1.5 million in a funding round led by Pembroke VCT. Others in the round include TVB Growth Fund, managed by The FSE Group. The chair is designed to make VR more accessible to a mass audience, many of…
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What does a pandemic say about the tech we’ve built?
There’s a joke* being reshared on chat apps that takes the form of a multiple choice question — asking who’s the leading force in workplace digital transformation? The red-lined punchline is not the CEO or CTO but: C) COVID-19. There’s likely more than a grain of truth underpinning the quip.…
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VR workplace training startup Strivr lands $30 million Series B
Virtual reality has been two years away from mainstream adoption for the past six years. In that time, huge companies have made big VR bets only to walk away, countless VR startups have faded or flared out and investment has slowed significantly. Building an attractive VR product for large enterprises…
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Anorak’s Greg Castle on early stage investing during a crisis
‘It’s going to change the timeline a little bit and it affects the questions that I’m asking’ Lucas Matney @lucasmtny / 8 hours As the venture landscape adjusts to the COVID-19 pandemic and seismic shifts in public markets, early-stage VCs are reassessing which bets they’re making, along with questions they’re…
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Second Life-maker calls it quits on their VR follow-up
The game developer behind Second Life has abandoned its grand efforts for a virtual reality follow-up to its early 2000s hit. SF-based Linden Lab announced today that they’ve sold off assets related to Sansar to a small, little-known company called Wookey Search Technologies, which will take over development of the…
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Swiss startup Creal is building display tech for the next generation of AR/VR headsets
After years of hype, the AR/VR space has certainly grown quieter as of late, but some investors are still coalescing behind a vision that the technologies could one day replace mobile if the technical kinks can be worked out. Creal is a Swiss startup that’s working on some fundamental display…
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