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AR Glasses Creator Nreal Secures $100M Series C Financing to Expand Internationally

Road to VR

Nreal is probably best known for its smartphone-tethered AR glasses, dubbed Nreal Light which made headlines back at CES 2019 for its relatively small form-factor in comparison to Magic Leap One or Microsoft HoloLens. Image courtesy Nreal. Nreal Light achieves this by offloading processing to a compatible smartphone.

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Web3, XR, Crypto, and the World Economic Forum 

XR Today - Mixed Reality tag

During the latest 2022 WEF event, market-leading AR manufacturer Magic Leap announced a strategic partnership with Globant, intended to accelerate XR enterprise adoption. At the event, attendees had an opportunity to test out the most recent Magic Leap headset and learn about upcoming devices and tools.

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Optimistic Market Forecasts Declare AR Smart Glasses Uptick – Leveraging AI, Biometric, Sustainability Trends

XR Today - Augmented Reality tag

The report notes that the forecasted uptick hinges on various market leaders, including Google, Sony, Apple, Samsung Electronics, Microsoft, HTC, Oculus, Magic Leap, Blippar, and Upskill. The development of XR for enterprises and consumers is notably rising in the US and EU.

Trends 92
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Is XR ‘Taking Off’ for the Commercial Aviation Industry?

XR Today - Mixed Reality tag

Trainees could use Microsoft HoloLens 2 and Magic Leap headsets, as well as tablets and smartphones for the platform. Nations such as Barbados, South Korea, Catalonia (Spain), Dubai, and Norway are creating virtual spaces to attract new fliers to top tourist destinations.

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The XR Week Peek (2021.02.01): Facebook is very confident in Quest 2 sales, Valve is working on Neural Interfaces, and more!

The Ghost Howls

After stepping down from the role of CEO of Magic Leap, Rony Abovitz has started a new venture called Sun And Thunder about digital beings. Intelligent Digital Humans are a new important trend of XR and Abovitz wants to enter there with the big expertise in art and technology that he has developed at Magic Leap.