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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

” To improve close rates for technical interviews, give applicants feedback (good or bad) Three more from the TC+ team: Hardware, but greener : Haje interviewed an expert about how startups can make hardware without ruining the planet. billion on VR and AR last year , Taylor reports. Annie has more on that.

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

TechCrunch

The latest funding will be used for enhancing its B2B SaaS, investing in R&D for advanced virtual reality (VR), augmented reality (AR) and 3D tools, which are considered core technologies of metaverse that is its new business Urbanbase plans to enter, according to Ha. billion in 2021, based on Strategy Analytics’ report.

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

TechCrunch

Some optimists believe AGI could be achieved within the next century, thanks to emerging algorithmic techniques and increasingly powerful computer hardware. Carmack will still continue to consult with Meta on VR matters, but his work with the social juggernaut, he said, will consume only 20% of his time.

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

TechCrunch

Ukraine’s startup ecosystem was thriving before the war and making great progress, with Ukrainian startups raising $832 Million in VC funding in 2021. from a year earlier, and brought in more than $6 billion in revenue, more than $542 million the revenue generated in 2021. It has now moved to Poland and set up the office there.

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Radar trends to watch: August 2021

O'Reilly Media - Ideas

To succeed, VR will have to get beyond ultra geeky goggles. Mark Zuckerberg has been talking up the Metaverse as the next stage in the Internet’s evolution: a replacement for the Web as an AR/VR world. Good practices for authentication, backups, and software updates are the best defense against ransomware and many other attacks.

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