Optics and Imaging Startup Spectralics Secures $2M Investment from Volvo Cars Tech Fund
The Volvo Cars Tech Fund, the automaker’s venture arm, has invested $2 million in the optics and imaging startup Spectralics.
The Volvo Cars Tech Fund, the automaker’s venture arm, has invested $2 million in the optics and imaging startup Spectralics.
UK-based augmented reality startup, Dent Reality, has raised £2.5 million in funding to invest towards its efforts to bring phone-based AR navigation into the retail sector.
Pokémon Go creator Niantic has raised fresh funding of $300 million at a $9 billion valuation to invest toward its metaverse ambitions.
Cymax Infotainment is setting up the Cymax Techno-Park, a 32-acre site in Hyderabad, India, to foster innovation within the immersive tech sector in the country.
The leading European VR tech provider, Virtualware, has been awarded the title of ‘World’s Most Innovative VR Company’ at the latest edition of the VR Awards.
Dubai-based extended reality startup, HyperSpace, has raised $11 million in seed funding led by Introsight and Dubai financier Mohammed Afkhami.
The US Air Force has adopted a virtual reality training system called Street Smarts Virtual Reality (SSVR) to train its personnel.
The Department of Computer Science at the University of Cyprus is working on a virtual reality project to train a future generation of innovators and researchers.
Nike has created Nikeland within Roblox’s immersive 3D space to enable its fans to connect, create, share experiences, and compete virtually.
Red Sea Immersive unveiled a 21-strong program of virtual reality experiences in collaboration with Art Jameel.