Tagged: virtual reality

Home Utsav Provides Virtual Opportunity for Indian House Hunters

Indian bank ICICI Bank this week announced the launch of Home Utsav, a virtual property exhibition that digitally showcases real estate projects by developers from cities across the country. The exhibition offers convenience to prospective home buyers as they can select a home by browsing… Read More

Bank of America Introduces Virtual Reality Training Program in Almost 4,300 Financial Centers

Bank of America (NYSE: BAC) is reportedly the first financial services company to introduce virtual reality (VR) training in almost 4,300 financial centers nationwide. As mentioned in a release, this training tech will allow around 50,000 workers to practice “a range of routine to complex… Read More

Unique Scottish Architecture Firm to Launch Crowdfunding Campaign as Part of International Expansion

Scottish firm HOKO this week revealed their national and international expansion plans along with a new £500,000 crowdfunding campaign. Their goals include 30 new studios as part of plan to be UK’s largest homeowner architect. Not too long ago, Hoko raised £400k from individual investors… Read More

Asian Virtual Event Manager EventX Raises $10M Series B

Asian virtual event management company EventX has closed a US$10 million Series B funding co-led by HTC, a virtual reality (VR) company, and Gaocheng Capital, a Chinese private equity fund focused on enterprise software and technology-enabled services sectors. EventX supports in-country and cross-border events with… Read More

Metahero Launches Personalized Metascanning Technology to Tap $50B Market

Metahero’s new 3D scanning solution for personalized avatars and virtual items provides an entry into a market currently worth $50 billion and growing That technology is blended with NFT smart contracts to create unique, ultra-HD avatars and meta-objects which can exist forever on the blockchain…. Read More

Report: 5G Technology Will Significantly Impact Banking and Smart City Development

5G (fifth generation cellular network technology) is expected to significantly improve several key sectors of society. The newly developed 5G tech offers 10 times faster speeds compared to 4G networks.  5G also enables higher network connection density in terms of the number of online devices… Read More

SLIVER.tv Subsidiary Theta Announces Blockchain-Based Video Delivery Network

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

SoftBank Launches Third SoftBank Innovation Program

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

Out Of This World: Virtual Reality System Developer MVR Launches Equity Crowdfunding Round on Crowdcube

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

Kickstarter Alum Oculus Pulls the Plug on Virtual Reality Shop Story Studio

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

Kickstarter-Funded VR Headset Fove to Ship Next Week

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

Happy Finish Announces Asia Expansion Following Crowdcube Campaign Debut

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

Oculus Brings Rift VR to Kickstarter Headquarters (Video)

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 Immediately Raises $2.5 Million from Over 500 Investors in Reg A+ Offer

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

Kickstarter Alum Oculus Begins Finished Rift Headsets Shipments

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

I Tried the Virtuix Omni / Oculus Combo and It Was Amazing

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

Brief: Oculus’ Palmer Luckey Among Speakers at Vision VR/AR Summit 2016

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

Oculus’ Palmer Luckey Discusses Rift’s Kickstarter Success & Criticism

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

Virtuix Over $10 Million in Investment Interest in Just One Week

      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 Nears $10 Million in Indicated Investor Interest

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

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