AR Investment

AR Investment

Lynx Secures $4M in Series A Funding, Aims to Become “European Champion of Mixed Reality”

Lynx, the French XR hardware startup known for crowdfunding the Lynx R-1 mixed reality headset, today announced it's secured $4 million in its Series A round, led by social VR platform Somnium Space. Alongside Somnium Space, participants in the latest funding...

Google Acquires MicroLED Startup Raxium to Bolster AR Ambitions

Google is adding to its portfolio of XR microdisplay designs and talent, as the company announced it's acquired microLED (µLED) designer Raxium. The acquisition was previously reported by The Information in March, however now Google has confirmed in a blog post that...

Waveguide Maker DigiLens Announces New Investment at $530M Valuation

DigiLens, a maker of waveguide optics for AR glasses, today announced a second close of its Series D funding round, claiming a $530 million valuation. DigiLens is one of several companies building waveguide optics and positioning them for use in XR....

FOV Ventures Raises $18 Million to Fund European Metaverse Startups

FOV Ventures is a newly formed venture capital firm which plans to invest in early-stage metaverse startups. The firm says it has raised an initial $18.1 million as part of its first fund. Founding partners David Haynes and Petri Rajahalme announced...

Dent Reality Raises $3.4M to Bring AR Turn-by-turn Directions into Retail

Dent Reality, the UK-based augmented reality startup, announced it's secured £2.5m (~$3.4m) in funding, something the company plans to use to further its efforts to bring phone-based AR navigation into the retail sector. The funding round was led by Pi...

Niantic Raises $300M Investment at $9 Billion Valuation to build “real-world metaverse”

Niantic, the company behind Pokémon GO, today announced it has raised a $300 million Series D investment which values the company at $9 billion. Beyond its geo-location games, the company has been building out a world-scale framework which it believes...

Leading Hand-tracking Company Ultraleap Raises $82 Million Investment

Ultraleap, a leading company focused on hand-tracking interfaces, this week announced it has secured a £60 million (~$82 million) Series D investment, with the goal of expanding its hand-tracking and mid-air haptic tech in the XR space and beyond. Formerly known...

CEO Shares First Details on Magic Leap 2, Announces $500 Million in New Funding

Magic Leap today announced that it has raised $500 million in new capital at a $2 billion valuation. This comes ahead of the launch of its upcoming AR headset, Magic Leap 2, which it promises will be smaller, lighter,...

AR Glasses Creator Nreal Secures $100M Series C Financing to Expand Internationally

Chinese AR glasses startup Nreal announced it's raised a fresh $100 million Series C financing round, something it says will be used for R&D and to fund wider international expansion. As first reported by CNBC, the latest round reportedly brings...

Resolution Games Secures $25M Series C Funding, ‘Demeo’ Surpasses “multi-million dollars” in Revenue

Resolution Games, the studio behind popular multiplayer VR titles Demeo (2021) and Blaston (2020), today announced it has secured a Series C funding round of $25 million. The Stockholm-based company says the investment will be used to bring "proper...

AR Software Startup Multinarity Emerges from Stealth with $28M Seed Round

Multinarity, an Israel-based startup working on AR software, announced it's raised $28 million in the company's initial seed round. As reported in an exclusive by Calcalist, funding was led by Israeli investors VC Aleph and U.S. investors Corner Ventures. The...

Red 6 Raises $30 Million for In-flight Military AR Training Platform

Red 6, a company building an aircraft platform with augmented reality capabilities designed for military training, says it has raised a $30 million Series A investment to further its mission. Founded in 2018, Red 6 is the creator of the...

Snap Acquires AR Display Startup WaveOptics for Over $500M

Snap Inc is making some definite strides into augmented reality territory as of late. It not only announced yesterday that its next-gen version of Spectacles will be a AR device, but it's now come to light that the company...

Holoride Secures $12M Funding to Create Immersive in-car VR Experiences

Holoride, the Audi co-founded startup aiming to inject immersive VR and AR into everyday car travel, announced it's raised a €10 million (~$12 million) Series A investment round. The company first unveiled its tech back at CES 2019, showing off its...

Psychic VR Lab Raises $8.5 Million to Grow Browser-based XR Development Platform

Japan-based Psychic VR Lab has announced the close of an $8.5 million investment to grow its cloud-based XR development platform, STYLY. Psychic VR Lab is the company behind STYLY, a browser-based tool which allows creators to easily build cross-platform 3D...
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