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South Korea’s RECON Labs raises $4.4M to help shoppers visualize products by creating 3D models in AR   

TechCrunch

According to a recent survey of 16,000 Snapchat users in 16 markets, 92% of Gen Zers want to use AR and VR for online shopping. Retailers can save time and costs by using PlicAR without building their own 3D modeling platform, he added. RECON Labs claims it has more than 10,000 products that are 2D converted into 3D content.

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CommonGround raises $25M for immersive video avatar technology that doesn’t rely on VR gear

TechCrunch

Like “TrueSelf Scan,” the name of the initial application that’s used to scan a person’s image, the meeting software also will not require a VR headset to use and engage with — users will be “seated” in a room that will be shown on a video screen.

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Korean 3D spatial data tool startup Urbanbase closes $11.1M Series B+ round

TechCrunch

Urbanbase , a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1 Apple also waded into the area of virtual reality, working on developing a high-end VR headset. Apple said to be working a high-priced standalone VR headset as debut mixed reality product.

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Avataar raises $45 million to improve consumer shopping experience with life-sized 3D product evaluation

TechCrunch

Avataar helps direct-to-consumer brands and e-commerce marketplaces with shaping their consumer journeys with 3D rendition of products. As long as the product images are in at least 1080p resolution, Aluru said, Avataar can stitch a virtual and 3D version from it. The six-year-old startup has raised about $55.5 Avataar.me

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Power Immersive, Engaging, Impactful Learning Experiences with AR/VR

Trigent

But with Virtual Reality (VR) and Augmented Reality (AR) coming into the picture, things have changed radically for the education sector. We are treading into an era of experiential learning driven by AR/VR. Propelling-immersive-learning-with-AR-VR. from USD 85,818 million in 2020 to USD 181,265 million by 2025.

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San Diego-based startup LifeVoxel raises $5 million seed funding for its AI diagnostic visualization platform

TechCrunch

Kovalan, who was born and raised in Malaysia, studied computer science in Ohio State University, and on completion, went on to specialize in artificial intelligence. The startup hopes to use the technologies for the improvement in diagnostic outcome using intelligent visualization.

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LG announces the first 50 participants in its LG Nova program

TechCrunch

Artificial intelligence-powered remote patient monitoring wearable technology. XRHealth Virtual Clinic – Integrates VR/AR, licensed clinicians and real-time data analytics. ByondXR – Provides retail 3D virtual experiences that are fast, scalable and in line with the latest metaverse technologies.

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