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7 investors discuss augmented reality and VR startup opportunities in 2020

TechCrunch

Meanwhile, few spaces were frothier in 2016 than virtual reality, but most VCs who gambled on VR following Facebook’s Oculus acquisition failed to strike it rich. “We believe VR is still the largest long-term opportunity of the two. . “We believe VR is still the largest long-term opportunity of the two.

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Sandbox VR expands to new locations globally with $37M Series B led by Andreessen Horowitz

TechCrunch

After a challenging year for location-based virtual reality startups due to COVID-19, Sandbox VR , a location-based VR startup, is making a comeback with a plan to expand its operations further across the globe. Sandbox VR aims to be an immersive social experience through a combination of full-body motion capture and VR technologies.

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As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform

TechCrunch

Back in 2020, another player, Giraffe360, raised $4.5 As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform by Mike Butcher originally published on TechCrunch. Players in the space include Walnut , Stonly , Capterra… the list goes on.

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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. from USD 85,818 million in 2020 to USD 181,265 million by 2025. Propelling-immersive-learning-with-AR-VR.

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Mozilla acquires Active Replica to build on its metaverse vision

TechCrunch

” 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. ” Active Replica was founded in 2020 by Jacob Ervin and Valerian Denis. Adhering to web standards, Hubs supports all the usual headsets and goggles (e.g.

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Social gaming platform Rec Room scores $20 million Series C

TechCrunch

Social gaming platform Rec Room has scored some new funding as it aims to bring its once VR-centric world to every major gaming platform out there. In recent years, the company has tried to scale its ambitions past being known as the “Roblox of VR” and scale its capabilities to meet its young user base.

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Transfr raises $12M Series A to bring virtual reality to manufacturing-plant floors

TechCrunch

Transfr started as a mentor-based VR training programming play. Labster, which offers schools VR simulations of science class, had product usage grow 15 times since March. 7 investors discuss augmented reality and VR startup opportunities in 2020. The company raised money in August to expand to Asia.