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Editor’s note: This is a sponsored article, which means it’s independently edited by our editorial team but financially supported by another organisation, in this case, LucidWeb. If you would like to learn more about sponsored posts on Tech.eu, read this and contact us if you’re interested in partnering with us. Although applications of XR in […]
UK augmented reality company Blue Vision Labs has raised $14.5 million led by from GV, formerly known as Google Ventures. Accel, Horizons Ventures, and SV Angel also participated in the investment in the company, which has announced that it is officially coming out of stealth. It is developing an SDK for sharing AR experiences across […]
Arkite, a Belgian Industry 4.0 startup, has raised €1.6 million led by Capricorn Venture Partners with participation from existing shareholders. Arkite develops manufacturing hardware called the Human Interface Mate (HIM), which uses augmented reality to assist production operators in complex tasks. “In the highly competitive environment of the manufacturing industry, more complex operations are expected […]
Swiss augmented reality startup WayRay has raised $18 million in a funding round led by Alibaba Group and has announced new partnerships to bring its AR tech to cars. WayRay develops holographic AR navigational solutions for connected cars and has also announced a new deal with Chinese “internet car” maker Banma Technologies to build AR […]
Snapchat has reportedly made its first Israeli acquisition with the purchase of augmented reality (AR) startup Cimagine for $30-$40 million. Israeli financial daily Calcalist says the deal would make Cimagine Snapchat’s de facto development center in Israel.
Anyline, an Austrian deep learning startup, has received an investment of €500,000 from ARM’s Herman Hauser. According to the startup, with Hauser’s small investment in tow it will begin seeking a larger Series A round next year. It previously raised €1.5 million in February of this year while Hauser’s ARM was of course sold to […]