Industrial-grade VR company Varjo picks up $54M in Series C financing

Industrial-grade VR company Varjo picks up $54M in Series C financing

Varjo, the Finnish start-up that has actually developed a virtual and blended truth headset capable of”human-eye resolution”for use in various business applications, has actually closed$54 million in Series C funding. Backing the round is Tesi, NordicNinja and Swisscanto Invest by Z├╝rcher Kantonalbank. Existing financiers Lifeline Ventures, Atomico, EQT Ventures and Volvo Cars Tech Fund […]
Varjo states the injection of capital will be utilized to accelerate its international growth and development of industry-leading hardware and software items. The Series C round follows a number of pointed out milestones, such as expansion of the company’s international operations and reseller network to over 40 countries in North America, Europe, the Middle East and Asia Pacific. Varjo has actually also signed a business collaboration with MeetinVR to deliver photorealistic virtual partnership, a much-needed service for users to be able to team up remotely. …

The buzz, haplessness and hope of haptics in the COVID-19 period

The buzz, haplessness and hope of haptics in the COVID-19 period

We owe it to ourselves now and in the future to be deliberate, enthusiastic and sensible about what touch and innovation can do, and what they ca n’t. Financial investment in touch technologies had been on the increase before COVID-19, with virtual truth fueling fresh interest in haptic gloves and full-body matches, and haptics for mobile gadgets like wearables and smartwatches instilling the field with brand-new resources. The concept that touch is in crisis has actually been a recurring style in psychology, backed by scores of research studies that demonstrate the unfavorable neurophysiological effects of not getting enough touch. The pandemic has currently exposed essential lessons about touch, haptics and humankind. In these scenarios, objects could be touched and handled in virtual display rooms using high-fidelity digital touch innovations. As much as those working in the field of haptics might have been inspired by the worthy intent of restoring touch to human interaction, this objective has actually frequently lacked a sense of urgency….