The week passed and the VR investment and financing industry this week is also hot. According to statistics, a total of 7 investment and financing cases took place this week, of which 3 were still related to AI. Does this mean that the artificial intelligence market is about to be detonated? However, Vision King is still very much looking forward to seeing highly intelligent AI products that are now in our lives.
AR Automotive Service Startup Car360 Completes $3.5 Million Series A Financing
Auto Service AR Ventures Car360 completed a $3.5 million Series A round of financing led by Atlanta's BIP Capital. Other investors include: Mark cuban, the service provider capital of Atlanta and owner of the NBA Dallas Mavericks.
Founded in 2015, Car360 mainly develops computer vision technology and augmented reality software for the automotive industry, providing interactive visualization of automotive data. Car360 wants to provide its services to car manufacturers, dealers, professional car photographers, auction houses, survey companies, and insurance companies, allowing customers to sell or check vehicles by using pictures or videos.
VR Olfactory Peripheral Vaqso Completes $600,000 Financing
Japanese startup Vaqso has been developing VR peripherals and hopes to give users a better immersive VR experience. Vaqso has brought scent-specific emission accessories and fans that can sense airflow to VR headsets, and releases different odors based on different variations in VR.
Recently, this Tokyo-based Vaqso received 600,000 U.S. dollars in financing from the Japanese venture capital firm Weru Investment. Vaqso will use this financing to develop odor accessories for HTC Vive, Oculus, and PS VR heads.
Starwind acquires Swedish company Enterspace to create content for VR
Starwind Studios recently acquired Enterspace, a Swedish commercial VR startup, for SEK 20 million (approximately RMB 15.68 million). Of these, 3 million are Swedish Kronas cash and 17 million are acquired through stocks. The acquisition plan is completed on June 30.
Enterspace was founded in 2016 and is headquartered in Stockholm. Mainly to provide customers with large-scale fixed-point VR experience, its first VR experience work is "Ringwalker", which is a VR experience with the theme of future space adventure. Enterspace plans to launch a virtual reality experience center in Stockholm this fall. It will occupy an area of ​​about 270 square feet and experience content will be supported by StarVR.
Former Sony London studio leader completes first VR financing
Dream Reality Interactive, a London-based VR game company founded in 2016, this week announced the completion of the company's first capital financing, which was invested by former Xbox and PlayStaion executive Phil Harrison. The amount of financing was not disclosed.
As early as a year ago, Dave Ranyard, a 17-year-old veteran at Sony, chose to leave and enter the field of virtual reality to start a business and set up Dream Reality Interactive. Leonard said that leaving Sony is a difficult decision, but he did not want to miss the opportunity of virtual reality.
Committed to VR + AI education touch won 10 million angel round of financing
Recently, educational technology companies have completed 10 million angel rounds of financing in the future. The investors are UCCVR, Ganran Capital, and Orient Huifu. This company was originally a touch-technology education division of the famous game company.
According to Touch Future CEO Li Zhiyuan, after the establishment of Touch in the future, Cocos Engine's original technological advantages have been utilized. First, professional advantages in terms of professional content and industry resources have been established in the field of game development. At the same time, with the support of partners such as Microsoft and ARM, we will deploy virtual reality and artificial intelligence fields from 2016 onwards with strong technical R&D capabilities. It is committed to becoming a leading educational ecology builder in China, a provider of quality educational content, and a provider of comprehensive education solutions.
Indian start-up company Niki.ai, which provides AI's private assistant services to companies, received a $2 million Series A round of financing
Recently, Bangalore’s startup Niki.ai received a $2 million Series A round of financing. The investors included the San Francisco Fund’s SAP.iO and the existing investor Unilater Ventures. In addition, private equity firms True North, Arihant Patni, and some investments from the United States and Germany People also participate.
Bangalore’s start-up company Niki.ai mainly provides AI personal assistant services. The company has adopted a channel cooperation model that can collect a certain fee from the platform processing orders as revenue. Now it also cooperates with other brands and provides them with chat bots, whose monthly revenue has reached 35%.
Committed to creating AI programmers Diffblue, a startup company from Oxford University, raised $22 million in financing
Recently, Diffblue announced that it had secured a round of US$22 million in Round A funding from Goldman Sachs Strategic Investment Funds, Oxford University Technology Innovation Fund (OTIF) and others.
Diffblue is an AI start-up company from Oxford University and founder Daniel Kroening is a computer professor at Oxford University. Diffblue applies artificial intelligence to the software development field. Based on an accurate mathematical model suitable for various programming languages, Diffblue allows AI to deeply understand the running logic of the computer program, and then automatically examines the program from multiple aspects, resulting in multiple software developments. The phase saves or even replaces labor.
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