Discover more from AIXR's Weekly Metaverse Business Brief
Meta Quest Pro Debuted, VUZ raise $20 Million & Déjà Vu Secrets Solved?
Meta Connect 2022: Meta debut Quest Pro. After much teasing and leaks, Mark Zuckerberg finally unveiled the companies new Quest Pro headset. Coming in at a price-tag of $1,500, the device will look to target the enterprise marketplace.
Qualcomm announce new 'premium-tier' chipset. Snapdragon XR2+ Gen 1 will be the driving force behind the next generation of MR and VR devices, delivering 50% higher sustained power and 30% improved thermal performance with many OEM's committing to use the product.
Bonelab becomes fastest-selling title in Meta Quest history. The VR sequel shooter, brought to us by Stress Level Zero, made $1 million in revenue within its first hour of release in late September.
John Carmack's annual presentation relays frustrations. In an unscripted delivery during Meta Connect, the former Oculus CTO admitted to being "grumpy" about the direction of Meta's VR efforts, including questioning the lack of a low weight low cost headset option in the marketplace.
Dubai-based VUZ raise $20 million series B investment. The XR social streaming app claim the investment will allow for expansion into new markets, such as NFT projects, and the supercharging of it's 10% month on month revenue growth.
ORamaVR's post-seed funding round raises €2.4 million. The VR medical training solutions firm from Geneva look to address a growing dearth of global medical professionals with this move.
Didimo conclude $7.15M Series A funding round. The Portuguese organisation have emerged as an industry leader in the production of realistic 3D human avatars from 2D portraits.
Startup MetaStreet achieve $10 million capital raise. The organisation provide a Metaverse based decentralized interest rate protocol, with funds being placed into a new product dubbed "PowerSweep".
Keep an eye on
Schell Games celebrate with $20,000 charity donations. The organisation are a hot property right now, and celebrated their 20th anniversary with this altruistic move to help Pittsburgh based non profits.
VR research takes us closer to solving déjà vu mystery. The technology allowed scientists to confirm the Gestalt familiarity hypothesis as a contributing factor to this strange phenomenon.
Snapchat's AR experience celebrates Rings of Power. The company utilized Landmarker technology to allow fans to turn Sydney Harbour Bridge into the island kingdom Númenor.
Decentraland deflect active user criticism. The Metaverse company, accused of only having 30 daily active users, has announced via a blog that it in fact has 8,000.
Meta "legs" demonstration clarification. Excited developers were left confused after a keynote suggested that avatars could feature legs, with these legs now understood to be the product of motion capture and not live VR.
Events to be at
Oct 18-20 San Diego | Augmented Enterprise Summit
Oct 20 - 21 Lisbon | AWE EU
Nov 08 Online | Insights Live: Games Development and the Metaverse Boom
Nov 16 - 17 London | The Business Show
Nov 28 - Dec 02 Rotterdam | Immersive Tech Week
Dec 02 Rotterdam | The 6th International VR Awards
Our best wishes for a productive day. Please send any news, comments, and ten Meta Quest Pro headsets to firstname.lastname@example.org.
October 17 2022 Edition