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Refract raises $8.5M SGD funding, announces new game development division 

TechCrunch

In 2018, three co-founders of Refract, Chong Geng Ng, Michael Chng and Eugene Koh, worked on a gaming-related project and encountered a problem statement: How would one bridge the gap between gaming and physical activity? Refract will continue delivering immersive and engaging XR and VR experiences to a growing market of 2.9

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Mozilla acquires Active Replica to build on its metaverse vision

TechCrunch

On Wednesday, the company announced that it snatched up Active Replica , a Vancouver-based startup developing a “web-based metaverse.” ” According to Mozilla SVP Imo Udom, Active Replica will support Mozilla’s ongoing work with Hubs, the latter’s VR chatroom service and open source project.

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11 milestones in AR and VR in 2018

Agile Engine

Do you ever feel like the hype is strong for VR and AR? billion revenue in consumer VR by the end of the year. Second, there are just too many forecasts in VR and AR, which makes it hard to separate noise from meaningful information. This post will explore the milestones reached in AR and VR. Take Superdata, for example.

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How to use AR and VR in education industry?

OTS Solutions

How to use AR and VR in education industry? Artificial intelligence (AI) is beginning to disrupt the education system by allowing academic programs to become personalized through augmented reality (AR) and virtual reality (VR). The application development opportunities are nearly endless. What is Augmented Reality?

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MeetKai launches new room-scanning tech and metaverse builder

TechCrunch

Not everyone believes that the metaverse — social, VR-centric worlds — has staying power. Founded in 2018, the startup initially focused on conversational AI, aiming to build cutting-edge, top-of-the-line voice recognition and speech synthesis tech. But MeetKai is among the steadfast optimists. Image Credits: MeetKai.

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5 Principles to Ensure Successful Implementation of AR/VR in Real Estate Firms

Trigent

AR/VR in real estate presents the perfect solution to the changing needs of discerning customers. The global AR VR in the real estate market ecosystem 1 is expected to grow at a CAGR of 31.2%, increasing in value from USD 298.6 million in 2018 to USD 1,151.9 million in 2023. Here are our top 5 recommendations to get started.

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ManageXR grabs $4 million seed round to scale XR business 

TechCrunch

ManageXR built an enterprise device management platform designed for VR and AR devices to serve as the core infrastructure for organizations. Device management solutions have been around for years, but until recently, there hasn’t been a viable option for VR and AR devices. ” Image Credits: ManageXR dashboard / ManageXR. .

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