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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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Medical simulation platform FundamentalVR raises $20M to help surgeons learn through VR

TechCrunch

FundamentalVR , an immersive simulation platform for medical and health care professions, has raised $20 million in a round of funding to “accelerate skill-transfer and surgical proficiency” through virtual reality (VR) and mixed reality (MR) applications. “This makes the solutions highly scalable and affordable.”

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VRAI wants to tackle the energy crisis by bringing VR simulation training to offshore wind sector

TechCrunch

Virtual Reality (VR) has struggled to transition too far beyond gaming circles and specific industry use-cases such as medical training , but with the burgeoning metaverse movement championed by tech heavyweights such as Meta , there has been a renewed hope (and hype) around the promise that virtual worlds bring. Energy crisis.

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The 4 most overhyped technologies in IT

CIO

They may publicly preach “No technology for technology’s sake,” but they still frequently share their fascination with the latest tech gadgets. It’s then that the hopes for the technology get way ahead of what it can actually deliver today. They’re not the only ones enthralled by tech. Here’s what they say on the topic.

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

TechCrunch

To Bharani Rajakumar , the founder of Transfr , the dilemma of displaced workers is the perfect use case for virtual reality technology. Transfr’s core technology is its software. Transfr started as a mentor-based VR training programming play. 7 investors discuss augmented reality and VR startup opportunities in 2020.

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Generative AI is electrifying. Charge ahead or get shocked.

CIO

It’s hard to imagine a future without this technology, and every business in every industry will go through a transformation. But, like with any new technology (e.g. cloud, mobile, social, crypto, VR), there’s a lot of noise and misconceptions to sort through. At the same time, the pace of innovation is breathtaking.

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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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