Theta Labs, a subsidiary of VR live streaming service SLIVER.tv, announced on Monday the launch of its blockchain-based video delivery service. The company describes itself as a decentralized video delivery network, powered by users and an innovative new blockchain. “Theta is an open source protocol purpose-built to… Read More
Tokyo-based SoftBank Corp. announced on Monday it has launched the third round for its SoftBank Innovation Program, which is a program that seeks a wide range of innovative solutions and technologies from around the world to consider for commercialization. SoftBank stated that the innovation program aims… Read More
MVR, a virtual reality system developer that is seeking to turn existing console and PC games into tether free virtual reality, is seeking to raise £500,000 on equity crowdfunding platform Crowdcube. The company’s device, Ascend, reportedly been designed to give game developers an easy and… Read More
In an effort to continue its creative development in virtual reality (VR), Kickstarter success Oculus announced it was shutting down its Story Studio. According to the company, Story Studio has created a series of VR shorts, which includes Lost, Henry, and Sea Angelica. Sharing details… Read More
Creators of the virtual reality headset, FOVE, is set to ship the Kickstarter-funded to backers as early as next week. The product successfully secured $480,650 from 1,480 backers. The description of FOVE reads, “Immerse yourself in virtual worlds that react to your eyes and emotions. Experience precision… Read More
Following the launch of its equity crowdfunding campaign on Crowdcube, UK-based creative technology and visual content agency, Happy Finish, announced on Monday it is expanding its virtual reality (VR) and augmented reality (AR) operations in Asia. The company revealed it intends to maximize the growth development of the… Read More
On Monday, Kickstarter-success Oculus hit the streets of Brooklyn to visit the crowdfunding giant’s headquarters and brought over its famous project, Rift. The company successfully securing $2.4 million on Kickstarter nearly three and a half years ago. Last week, CEO of Oculus, Brendan Iribe, announced on Twitter that the… Read More
Virtuix, creators of the Omni platform that pairs with VR headsets such as the Oculus Rift, immediately topped $2.5 million from approximately 500 investors in 24 hours as it raised capital via a Reg A+ equity crowdfunding round. Vortex is offering Series A preferred shares… Read More
This week, CEO of Kickstarter success Oculus, Brendan Iribe, announced the company has officially started to ship its Rift virtual reality headsets. Iribe shared in a tweet: The first Oculus Rift has shipped, deliveries begin Monday 3.28.2016. pic.twitter.com/C0MMKmezun — Brendan Iribe (@brendaniribe) March 24, 2016 Earlier… Read More
Virtuix, a virtual reality motion platform that may transform the gaming industry with a previously unheard of sense of immersive gameplay experience, is preparing to raise capital under Regulation A+ on SeedInvest. The company has generated over $19 million in indicated interest to date. The… Read More
Vision VR/AR Summit 2016, an inaugural industry event that is geared towards furthering the knowledge base of anyone developing VR or AR content, announced on Thursday its lineup of keynote speakers. Set to take place next Wednesday and Thursday in Hollywood, CA, the Vision VR/AR… Read More
Earlier this month, Oculus creator Palmer Luckey sat down to chat about his experience on crowdfunding platform Kickstarter and career decisions. During his interview, Luckey revealed that his career was never motivated by salary: “This may sound – everyone says this – but it’s not about the money…. Read More
Crowdfund Insider reported yesterday that Virtuix was nearing the $10 million mark in indicated interest and today the company reports it has now topped this mark as more than 1,250 have registered on SeedInvest stating their intent to purchase shares in the… Read More
Virtuix, creator of the Omni a 360º virtual reality motion platform, launched a Test the Waters (TTW) campaign as a precursor to a Regulation A+ equity crowdfunding offer last week. In the past 7 days, Virtuix has garnered almost $10 million in investor interest as… Read More
Following the announcement that Kickstarter backers were officially getting the Oculus Rift headset, founder of the highly anticipated system, Palmer Luckey admitted that he knew that electronic giant Sony was preparing to enter the virtual reality world. During his recent interview with International Business Times, Luckey… Read More
With the Oculus Rift pre-orders commencing tomorrow (January 6th) the perfect compliment to the virtual reality headset, Virtuix, has listed a “Test the Waters” (TTW) campaign on SeedInvest in preparation for a min-IPO type offer which is open to all investors (not just accredited ones). The… Read More
On Tuesday, CrowdRise launched its second annual Giving Tower campaign and also debuted its interactive virtual reality (VR) experience app to help donors and charities to visualize social impact on #GivingTuesday. The Giving Tower campaign and free app offer charities and their supporters VR technology at no cost to bring to life… Read More
Replay Technologies, the developer of free-dimensional video, or freeD, a video format that gives sports fans a dynamic 360 degree, 3D viewing experience of their favorite professional sporting events, has linked with OurCrowd for its private equity raise. Who doesn’t remember that bullet-dodging scene in… Read More
During the final hours of its Kickstarter campaign, California startup FOVE successfully secured over $480,000 for its new self-titled virtual reality device. Last month, the company took to the crowdfunding platform to raise $250,000 and it eventually became super popular. The description of FOVE reads,… Read More
Setting out to be the next big thing for virtual reality industry, California startup FOVE hit Kickstarter with a mission to raise $250,000 with its new self-titled device. Within only two days, FOVE’s initiative surpassed the initial goal and has since secured over $325,000 from nearly… Read More
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