Tag: Virtual Reality
Gaming-focused investment firm Bitkraft closes in on at least $140 million for its second fund
Esports, video games and the innovations that enable them now occupy a central space in the cultural and commercial fabric of the tech world. For the investment firm Bitkraft Esports Ventures, the surge in interest means a vast opportunity to invest in the businesses that continue to reshape entertainment and…
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HTC debuts ‘Project Proton’ concept Vive headset
Like practically everyone else in the mobile world, the cancellation of MWC on extremely short notice left HTC in the lurch. While the company has moved much of its efforts away from smartphones in general, the Taiwanese manufacturer has begun to use the show to showcase much of its VR…
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Will Apple, Facebook or Microsoft be the future of augmented reality?
Tim Merel Contributor More posts by this contributor VR/AR startup valuations reach $45 billion (on paper) Despite short-term questions, games software/hardware to top $200 billion by 2023 Apple is seen by some as critical to the future of augmented reality, despite limited traction for ARKit so far and its absence…
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NASA finds real uses for VR and AR in astronomy and engineering
Years after the advent of decent VR hardware, there are still precious few ways the technology has been employed as anything other than a game or gimmick. One team at NASA, however, has been assembling useful science and engineering applications, with promising and unique results. Studying the astronomical number of…
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Los Angeles’ AmazeVR raises more cash, heads to Incheon for first location based VR installation
Amaze VR, the Los Angeles-based virtual reality entertainment distribution service, is taking its first steps into the world of location-based virtual reality experiences with an installation in Seoul’s Incheon International Airport. The company, which also scored an additional $2.5 million commitment to expand its total funding to around $9 million…
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Court rules Mike Rothenberg must fork over more than $31 million to settle SEC allegations
Mike Rothenberg, the once high-flying VC bent on bringing the party to Silicon Valley, must now pay a whopping $31.4 million to settle a California federal court ruling in favor of Security and Exchange Commission allegations. TechCrunch deemed Rothenberg a ‘virtual gatsby’ back in 2016, when we first broke the…
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