Immersive technology company Matterport, announced a Series D funding total of $48M on March 5th. Investment firms DCM Ventures, Qualcomm Ventures, and Lux Capital led this funding round, which will enable the expansion of Matterport’s database of 3D scenes and models, and improve the accuracy of its 3D capture technology, by refining its AI engine that converts 2D images into … Read More
The following is part of our Augmented Reality Intelligence Service, which includes data, analysis, and insights about augmented reality and related technologies. Korean Telco SK Telecom has signed a partnership agreement to become the exclusive telecommunications partner of Magic Leap in Korea. The agreement includes provisions that allow the companies to deliver the Magic Leap’s spatial computing platform to SK Telecom customers.
The following is part of our Virtual Reality Intelligence Service, which includes data, analysis, and insights about virtual reality and related technologies. Since its founding in 2016, Varjo, the VR headset startup based in Helsinki, Finland, has raised $46M in venture capital to start production of its VR-1 headset. Varjo says the VR-1 is the world’s first human eye-resolution virtual reality device. … Read More
The following is part of our Location-Based xR Intelligence Service, which includes data, analysis, and insights about the use of virtual and augmented reality at arcades, family entertainment centers, cinemas, theme parks, shopping malls, museums, and other venues. In a move toward market differentiation, Cinemark has opened its first VR installation, in partnership with Spaces in San Jose, California. This location … Read More
The following is part of our Augmented Reality Intelligence Service, which includes data, analysis, and insights about augmented reality. SPIE Photonics West is a leading global event for biomedical, optics, and lasers technology, held in San Francisco annually during the first weekend of February. During the conference, SPIE held a separate exhibition just for immersive technology where several companies showcased their … Read More