Brilon raises  million for immersive screens,  million for Enterprise AR, Pico 4 VR launch

Brilon raises $15 million for immersive screens, $5 million for Enterprise AR, Pico 4 VR launch

Now Bytednace wants the Meta business, too. Having taken over byteDance the social media empire formerly known as Facebook in social media, they bought VR Pico last year to pursue their Metaverse business as well. The well-reviewed new Pico, The Pico 4, is better and cheaper than Quest 2. Pico will launch in Europe, Korea and Japan next month. No word on the US launch.

Immersive Monitor raised $15 million from Breylon. We first encountered Breylon in a booth at CES and were impressed with the immersive headphone-free gaming experience with the high-resolution display. The tour was led by Lockheed Martin and MIT’s E14 Fund, with participation from Corning, LG Technology Ventures, UDC Ventures and Franklin Templeton.

Taqtile AR Closes $5 Million Funding. Makers of the Manifest AR-powered work instruction platform have announced new funding from London-based Ascend, Mesmerise, Downer Group and Innovation Lab. The company raised $3 million in 2019. Among the investors in this round are

The US Army’s Integrated Optical Enhancement System (IVAS) is now alive. According to Jane’s Defense Weekly, the Army has begun receiving its first 5,000 units from Microsoft. Instead of the usual standalone Microsoft HoloLens system, IVAS HoloLens are attached to the disk. IVAS uses AR to give pedestrians a vertical view of maps, drone feeders, night vision, and two-way communications See what I see. Despite the military’s enthusiasm, Congress flouted the program in its current budget, leading to premature rumors of the program’s demise.

Walmart “Be Your Own Model” is using augmented reality to dress up its customers. For the first time, the app can perform a virtual experiment in real time. Today’s users choose a model of their skeleton and dress it up like a doll. Using technology from Zeekit, a startup acquired by Wal-Mart in 2021, the app uses computer vision and neural networks to create an instant image of a user wearing the clothes. The app is able to create all different variations of the product, including size, colour, sleeve length, fabric texture, etc. to create an accurate personal fit.

This week in XR It is also a podcast hosted by this column’s author and Ted Shilowitz, Head of Future Technologies at Paramount Global. Our guest this week is Artur Syschoff, founder and CEO of Somnimum Space. We can be found here spotifyAnd the ItunesAnd the Youtube.

what we read

Neil Stephenson called the Metaverse. Now, he’s building it (Stephen Levy/Wired)

Facebook, Beware: The Metaverse Is Flat (Parmy Olsen/Bloomberg)

How Tumblr went from $1 billion on Yahoo payday to selling for $3 million (Lea Collins/CNBC)

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