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Augmented Reality North America SaaS Software

Xerox-backed field service startup CareAR raises $10M

– CareAR, a startup that combines AR with content management system DocuShare and multichannel marketing service XMPie, has raised $10m in a funding led by ServiceNow.
– The round values CareAR at $700m post-money.
– CareAR’s platform lets agents see what users see for real-time troubleshooting.

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Raythink Raises Tens of Millions of Yuan Series A Funding

– Raythink, a Shenzhen, China-based in-vehicle AR display technology company, raised an undisclosed amount in Series A funding.
– The round – of tens of millions of yuan – was led by Plum Ventures with participation Qianhai FOF, Weed Ventures, Oriental Fortune Capital.
– The company intends to use the funds for a rail transit laboratory, HUD (heads-up display) mass production and automotive-grade certification.

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GathR Virtual Studios Raises $2.7M in Pre-Seed Funding

– GathR Virtual Studios, Inc. is a Miami FL-based startup enabling 3D, digitally-visualized, hybrid workspaces.
– The company raised $2.7m in pre-seed funding.
– The round was led by Ken Moelis, Charles Fabrikant, Hope Taitz and Alberto Peisach.
– The new investment will be used to hire an executive team and the further development of the next gen technology.

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VividQ Raises £11M in Seed Extention Funding

– VividQ, a Cambridge, UK-based deep technology company and software and IP developer for holography, raised £11M in seed extension round.
– The round was led by UTokyo IPC, joined by Foresight Williams Technology, Japanese Miyako Capital, APEX Ventures, and R42 Group and previous investors University of Tokyo Edge Capital, Sure Valley Ventures, and Essex Innovation.
– The company intends to use the funds to scale the team, expand in APAC and further product development, including HoloLCD, which turns consumer-grade screens into holographic displays.

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XYZ Reality Raises £20M in Series A Funding

– XYZ Reality, a London, UK-based engineering-grade augmented reality company, raised £20m in Series A funding.
– The round was led by Octopus Ventures.
– The company intends to use the funds to prepare HoloSite’s commercial launch in the USA, continue investment in strengthening research and development, and grow its London team to include key hires across technology, manufacturing, sales and marketing.

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Help Lightning Adds $3M To Series A Round

– Help Lightning, a remote visual assistance software provider, has added $3m in growth equity to its Series A funding.
– The additional capital represents continued investment in remote visual support and opportunity for the technologies that support it, particularly amid the COVID-19 pandemic.
– The additional financing comes less than a year after Help Lightning announced its $8m Series A led by return investor Resolve.
– Help Lightning added two new strategic investors in this latest round: Mumbai, India-based engineering & infrastructure conglomerate Larsen & Toubro (L&T) and Atlanta, Georgia-based Engage.

Augmented Reality North America

Red 6 Raises $30M in Series A at a $130M Post Cap Valuation to Solve National Security Gap in Military Training

– Red 6 closed a $30M Series A round at a $130M post cap valuation.
Snowpoint Ventures led the round with a $25M investment.
– The company will use the funding to further support its mission to deliver a new paradigm of military training across all the domains of air, sea and land.

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SightCall Announces $42M Series B Funding

– SightCall, an AR-powered visual assistance platform, announced a closing of $42m in Series B funding.
InfraVia Capital Partners led the funding round with participation by Bpifrance.
– The company is headquartered in San Francisco.

Augmented Reality Health Care Medical Device North America Sensor

Augmedics Raises $36M in Series C Funding

– Augmedics is a Chicago, IL-based provider of an augmented reality surgical image guidance solutions.
– Company raised $36m in Series C funding.
– The round was led by H.I.G. Capital, Revival Healthcare Capital, and Almeda Ventures with participation from HCA Healthcare Health Insight Capital, as well as existing investor XR Invest (formally known as AO Invest).
– The new investment will be used to continue commercialization throughout the U.S. and into OUS markets, develop the next generation of products, expand to new indications, and obtain CE certification for sales in Europe.

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Seattle’s newest unicorn: Rec Room raises $100M as social gaming popularity fuels big growth

– Seattle-based Rec Room has raised $100m in new funding.
– The game development startup is now valued at $1.25b after an explosive year of growth in which players used the platform to connect during the COVID-19 pandemic.
– It’s the latest Seattle-area startup to reach “unicorn” status with a $1b valuation or more.

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Blippar Closes $5 Million Pre-Series A Funding Round

– Blippar closed a $5m funding round.
– The round was led by Chroma Ventures, the investment arm of Paddy Burns’ and Chris van der Kuyl’s gaming company 4J Studios, and West Coast Capital; the private equity arm of Scottish entrepreneur Sir Tom Hunter and family.
– Canadian entrepreneur Anthony Lacavera also contributed to the round through his Globalive Capital investment firm.
– The new investment reinforces Blippar’s position as the global leader in AR and will be used to further develop the company’s industry-leading technology and accelerate its growth in key markets including the US, Europe and Asia.

Augmented Reality North America

Red 6 Raises $7 Million in Safe Round Led by Red Cell, Snowpoint, and Octave

– Red 6 has raised $7m in the form of a SAFE (Simple Agreement for Future Equity).
– The round was led by Red Cell, Snowpoint Ventures, and Octave.
– There was additional participation from existing and new investors, including long term investor Moonshots Capital, Irongate, TR Aeroventures, and Marlinspike.
– The investment will allow Red 6 to mature the development of both Airborne Tactical Augmented Reality System (ATARS) and Combined Augmented Reality Battlespace Operational Network (CARBON).
– ATARS is a modular system featuring a stereo Augmented Reality headset integrated into the visor of a pilot’s helmet.
– Red 6 is proud to have such a strong team that understands their value and supports the Red 6 vision.
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3D model provider CGTrader raises $9.5M Series B led by Evli Growth Partners

– CGTrader, a 3D content provider, raised $10m in Series A funding.
– The round was led by Inventure and joined by other investors.
– The company plans to consolidate its position and further develop its platform.

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Edgybees raises $9.5 million for AI that augments drone camera footage

– Edgybees, a provider of georegistration and augmented reality tools for drone operators, today announced that it raised $9.5 million, bringing its total raised to $15 million.
– The company says the proceeds will be used to drive product research, expand global adoption, and support an “aggressive” hiring strategy.
– The commercial drone market was already accelerating, with reports the industry would grow more than fivefold by 2026 from the $1.2 billion it was reportedly worth in 2018.
– Palo Alto, California-based Edgybees was cofounded in 2017 by Adam Kaplan, Nitay Megides, and Menashe Haskin. Haskin was formerly an engineering manager at Amazon, where he headed the software team for Amazon’s Fire TV platform and the Amazon Prime Air development site in Israel.

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YBVR secures $1.5M in financing from Verizon Ventures, TCA and Wayra (Telefonica)

– YBVR secured $1.5M in financing from Verizon Ventures, TCA and Wayra (Telefonica).
– The funding will be used to advance the company’s technology, build its team and further key partnerships.
– With 360-degree streaming, YBVR’s video platform significantly enhances the virtual viewing experience.
– Currently used to broadcast events such as Australian Open 2021 in Melbourne, Fan Controlled Football Season 2021 in Atlanta, and Euroleague Basketball F4 in Cologne, Germany, YBVR provides a fully immersive viewing experience for sports fans and concert goers across the world using any connected device.
– Ultra-low latency allows for viewers to simultaneously select from various camera angles for a personalized spectator experience.
– YBVR is able to provide instantaneous streaming through deployment on a previously announced AWS Wavelength with Verizon’s 5G Ultra Wideband network.

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