May 22, 2019 – Snap Inc. has announced the appointment of Derek Andersen, currently Snap’s Vice President of Finance, as Chief Financial Officer. Mr. Andersen will take over the responsibilities of interim CFO Lara Sweet …
April 27, 2019 – HTX Labs, LLC, a creator of immersive training and simulation programs, has announced that it is a recent recipient of a US Air Force Small Business Innovation Research (SBIR) Phase I …
April 24, 2019 – Samsung Electronics has today announced that it will invest KRW 133 trillion by 2030 to strengthen its competitiveness in System LSI and Foundry businesses, which are both part of the company’s …
April 18, 2019 – BC Tech has announced that it will be closing its Cube facility in Railtown effective 17 May, 2019. The 6,000 square foot location was established as an Augmented Reality/Virtual Reality/Mixed Reality …
April 12, 2019 – NexTech AR Solutions has announced that it has completed its acquisition of Infinite Pet Life for a purchase price of USD $1,850,000. Infinite Pet Life generated USD $2.2 million in revenue …
April 03, 2019 – GIBLIB, the streaming media platform offering on-demand medical lectures and surgical videos in 4K and 360-degree virtual reality, has closed USD $2,500,000 in seed funding. The round included Mayo Clinic with …
March 22, 2019 – Scope AR has announced that it has secured a USD $9.7 million round of Series A funding. The round was led by Romulus Capital, with follow-on investment participation from existing investors …
March 12, 2019 – Following the graduation from VIVE X, HTC VIVE’s global VR/AR accelerator, Mindesk has moved its HQ to San Francisco and will continue to develop VR software in Italy and the US. …
March 4, 2019 – The Semiconductor Industry Association (SIA), which works to represent the US semiconductor industry, today announced that worldwide sales of semiconductors had fallen year-on-year by 5.7 percent to USD $35.5 billion for …
March 1, 2019 – On Thursday it was announced that BadVR was named an awardee of Magic Leap’s Independent Creator Program grant. The augmented reality company chose BadVR’s immersive data visualization app, called ‘SeeSignal,’ out …
January 31, 2019 – Samsung has today announced its financial results for Q4 and FY 2018. Overall, the company reported an increase in sales of 1.75% to KRW243.77 trillion, compared to 2017’s total of KRW239.58 trillion. …
January 7, 2019 – nreal, developer of mixed reality (MR) glasses, has today announced nreal light, its first flagship ready-to-wear mixed reality glasses. nreal light features a consumer-focused design that favours comfort, weighing only 85 …
December 17, 2018 – Blippar has announced that it is entering into administration. The company stated that over the last several months, the team at Blippar has been focusing the business on the company’s B2B …
September 13, 2018 – Cineplex has today announced a strategic partnership with VRstudios, Inc., a provider of turnkey, location-based virtual reality solutions. The agreement includes a commercial partnership and an investment by Cineplex to acquire …
October 17, 2017 – Magic Leap, Inc. announced today that it has raised $502 million in Series D equity funding, led by Temasek and with participation from strategic and financial investors. New investors in Magic …
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