Tencent's venture capital arm, Image Frame Investment, is investing approximately $50 million into UK-based Ultraleap at a valuation of nearly $240 million.
Inventram has invested in Augmency, the only Turkish company that caters to domestic hardware and software products for the wearable augmented reality space.
Trent University and Fleming College in Peterborough are set to receive more than $2 million from the Ontario government to aid in developing virtual learning projects.
The Korean VR startup EVR Studio has raised 10 billion won or $8.8 million ahead of its plans for a public listing and developing a new next-generation VR game.
Apple recently announced a $45 million award from its Advanced Manufacturing Fund to Corning, which may contribute to future augmented reality hardware innovations.
The Audi co-founded startup aiming to inject immersive VR and AR into everyday car travel, Holorise, which has raised a €10 million (~$12 million) Series A investment round.
The virtual reality(VR) training platform provider, Gleechi, has raised SEK 25 million from the European Innovation Council (EIC) Fund.
The Seattle-based social-gaming startup, Rec Room, has raised $100 million in new funding, bumping its valuation up to $1.25 billion.
The developer of virtual reality and enterprise solutions, Pico Interactive, has raised USD 37.4M in a B+ funding round.
Nextech AR announces a partnership with Mackie Research Capital Corporation to raise $10 million through a public offering of units.