Microsoft Acquires Simplygon to Accelerate “3D for Everyone”

Microsoft acquired Simplygon on Jan. 17 for an undisclosed amount to further develop Microsoft’s “3D for Everyone” vision. Simplygon, which developed by Donya Labs AB, a privately held company based in Sweden, develops 3D-optimization solutions for game developers, focusing on helping developers create 3D content faster, streamlining the workflow.   This saves AAA game studios […]

Intel Is Building a Broad Portfolio of Solutions to Deliver Immersive Sports Experiences for Athletes, Fans and Content Producers

Intel to Acquire VR Startup VOKE for Immersive Sports Intel announced on their website that it has acquired VR Startup VOKE for Immersive Sports. Sports is being revolutionized by data and the ability to capture, connect, analyze and interact with it. We call this the digitization of sports. At Intel, we’re building a broad portfolio […]

Baobab Studios Closes $25 Million In New Funding

Virtual Reality Storyteller Behind “INVASION!” Also Broadens C-Suite, Advisory Board Baobab Studios, creator of some cutting-edge VR (virtual reality) animation entertainment, has announces the close of $25 Million in Series B funding, backed by prestigious and powerful investors in film and technology, including several returning for a second round of investment. This brings total funding to […]

HTC’s VIVE X Accelerator for Virtual Reality Start-Ups Opens Call for New Submissions

HTC is now calling for submissions to its $100 million VIVE X Acceleration program – Deadline to apply is December 1, 2016.  HTC Corporation (“HTC”) has announced its VIVE X accelerator fund for virtual reality start-ups is accepting new applicants. VIVE X is a $100 million USD fund for investment in promising VR technologies, and […]

Social VR Platform VRChat Raises $1.2 Million Seed Round

VRChat, a social virtual reality (VR) platform that allows users to create, publish, and explore VR worlds with other users around the world, announced today a Seed investment round of $1.2 million, including technology giant HTC. Participating in the round alongside HTC are Rothenberg Ventures, GREE VR Capital, and Brightstone Venture Capital. The financing will […]