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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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ManageXR grabs $4 million seed round to scale XR business 

TechCrunch

With the latest funding, ManageXR will support its expanding team and go-to-market strategy as the company has experienced rapid growth since becoming available to beta users in November 2019 and officially launching in April 2021. The company will focus more on large enterprises next year, he added. .

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Daily Crunch: Bitcoin-demanding cybercriminals use bug from 2021 to initiate global ransomware attack 

TechCrunch

Based in Seattle, the venture-backed company calls its production tech the “most advanced plant-based meat manufacturing system on the planet.” The company said that it will lay off 5% of its worldwide workforce , Ron reports. billion on VR and AR last year , Taylor reports. Not enough? Annie has more on that. Kirsten has more.

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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 The company had raised Series A funding of $1.8 billion in 2021, based on Strategy Analytics’ report. The company has about 50 B2B customers. million and an additional $1.2

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A year on from Russia’s invasion, Ukrainian startups show astounding resilience

TechCrunch

So, in keeping with our mission, we present to you today a list of Ukrainian tech companies and initiatives you can support, the products you can use, and the startups which you – if you’re an investor – can look at funding. As the war began, the company relocated the team of 70 to safer regions in western Ukraine and EU.

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John Carmack’s AGI startup raises $20M from Sequoia, Nat Friedman, Patrick Collison and others

TechCrunch

I mentioned this in the Lex interview, but it is official now: Keen Technologies, my new AGI company, has raised a $20M round, led by @natfriedman and @danielgross , with @patrickc , @tobi , @sequoia , @CapitalFactory , and Jim Keller participating. — John Carmack (@ID_AA_Carmack) August 19, 2022.

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Top 7 Gaming Trends and Technologies in 2024

Openxcell

Today, gaming has gone beyond consoles and PCs to virtual reality (VR), augmented reality (AR), and mobile devices. Top gaming trends and technologies In the near future, we may expect something truly extraordinary from both big and small gaming studios using such technologies as AI, VR, Blockchain, and others. billion by 2030.

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