AR startup Spatial recently announced the closing of a Series A round totaling $14M in funding for the San Francisco-based startup. The round was led in part by familiar AR investor Kakao Ventures, which has previously invested in hardware startups such as LetinAR and Mojo Vision. Spatial markets its solutions as a computing platform unlocking creativity and productivity, and has … Read More
With the growing influence of the experience economy, entertainment is evolving, and looking to compel audiences to leave their homes and endless content-on-demand and purchase a ticket for premium entertainment. The music industry has been navigating this new challenge for years now, by expanding audience sizes through online streaming, and even experimenting with the use of 360-degree video recordings and … Read More
Across the last decade, virtual and augmented reality (xR) has grown from a blip on the radar of investors to a robust sector receiving $10.4 billion in venture dollars invested since 2014. In 2019, 202 xR startups raised $1.8B. Though a new xR company entered the public markets in 2019, exits were a somewhat mixed bag, with M&A slightly above … Read More
More than 4,000 companies from around the world traveled to Las Vegas last week to exhibit new innovations at the world’s largest technology conference, CES. The annual conference routinely showcases some of the leading advancements in consumer electronics from smart homes to robotics to wearables. This year, virtual and augmented reality were hot topics, with Chinese vendors leading the market with … Read More
Release Date: January 14, 2020 Of the challenges currently facing augmented reality wearables, manufacturing an efficient, high-quality near-eye display is the most significant. CES hosted a number of innovative and established companies developing powerful microdisplays, waveguides, and optical engines. These products provide valuable insight into the performance, cost, and form factor of upcoming AR HMDs.