Sunday, March 3

Tag: augmented reality

Augmented Reality Startup PlayShifu raises USD 7 million
FUNDING

Augmented Reality Startup PlayShifu raises USD 7 million

Playshifu, a start-up focussed on augmented reality technology has raised USD 7 million (about Rs 48.2 crore) in funding led by Chiratae, Inventus Capital and Bharat Innovation Fund. The series-A round also saw participation from existing investor IDFC-Parampara Fund, a statement said. PlayShifu creates immersive augmented reality experiences for children to encourage early STEM (science, technology, engineering and mathematics) skills. With USD 8.5 million raised to date, the company's primary focus will remain on tech innovation, continued research on unique phygital interactions and new product developments. PlayShifu also plans to update current products significantly and expand the diverse retail presence from 15 countries to over 30 countries in 2020 and beyond," the compan...
AR-Focused Ed-Tech Startup Raises $2 Mn Funding
FUNDING

AR-Focused Ed-Tech Startup Raises $2 Mn Funding

Smartivity Labs, an Augmented Reality (AR) EdTech startup, recently raised $2 Mn from Ashish Kacholia, an early venture investor. The funds raised will serve to scale Smartivity’s operations in international markets. Smartivity Labs is also backed by S Chand Group, a publishing company based in Delhi. We closed 2017-18 at $1.4 Mn at around 2.5x to 3x year-on-year growth. This year, we are projecting around $3.5 Mn. We are also on the verge of finalizing newer markets like Japan, China, Russia and Western Europe, said Tushar A Amin, co-founder of Smartivity Labs. The association between Smartivity Labs and S Chand Group is to develop academic content for subjects such as science, technology, English and Mathematics (STEM) as well as arts in order to provide a learning-based DIY kit. T...
Virtual and Augmented Reality Startup GridRaster Bags $2 Mn Seed Funding
FUNDING

Virtual and Augmented Reality Startup GridRaster Bags $2 Mn Seed Funding

Palo Alto, California and Bengaluru based startup GridRaster, bagged a seed funding of $2 million from a clutch of investors including Exfinity Ventures, Lumia Capital, Pipeline Capital, NexStar Partners, Unshackled Ventures and Explorer Group. The startup works on enabling high-end virtual and augmented reality experiences on mobile devices, using multiple stack approach. The company plans to utilize the fund in the development of their product and its marketing. The USP of the startup is its ability to host high-quality graphics, around 10 times better, the startup claims. GridRaster claims it solves this problem by hosting the underlying infrastructure on the cloud and managing loads across servers independently. This helps to optimize VR/AR content within the available bandwid...
Scientist Developed New Augmented Reality System To Guide Plastic Surgery
News

Scientist Developed New Augmented Reality System To Guide Plastic Surgery

Scientists have developed an Augmented Reality System that could be a useful guide to the planning, implementation and assessment of the results of facial reconstruction and other procedures. The system allows researchers to create three-dimensional (3D) simulations of the desired results from facial reconstruction procedures and project them over the patient's face during surgery. Researchers at the Osaka Medical College in Japan reported on the development and initial experiences with the Augmented Reality (AR) system to evaluate improvements in the body surface, an important consideration in plastic surgery. If you are looking for some plastic surgery because you would like to rejuvenate yourself then you can visit sites such as https://ramplasticsurgery.com or you can choose anot...
Smartivity, an Augmented Reality Based Education Technology Startup Has Raised Rs 6.6 crore Funding
FUNDING

Smartivity, an Augmented Reality Based Education Technology Startup Has Raised Rs 6.6 crore Funding

An augmented reality-based education technology startup Smartivity, has raised about Rs 6.6 crore in a pre-Series-A round of funding led by publishing firm S Chand and early-stage investment firm AdvantEdge Partners. The round also saw participation from Singapore-based fund CFG Offshore Holdings, Silicon Valley-based fund Tandem Capital and a clutch of angel investors. The company said the funds will also be used to expand its reach and aim for the global market. “With this round of funding, we want to expand our current portfolio in STEM and augmented reality products to provide interactive learning to kids and also develop IoT (internet of things)-enabled toys and robot-led learning for kids,” said Ashwini Kumar, cofounder of Smartivity. “Smartivity has shown tremendous gro...
News

Snapchat Working on Google Glass Rival: Report

NEW YORK: After changing the orthodox ways of chatting, video messaging application Snapchat is now reportedly working to give tough competition to Google with its own augmented reality (AR) "smart" glasses. According to a TechCrunch report, Snapchat has hired developers from major augmented reality groups like Microsoft's HoloLens, PTC's (formerly Qualcomm's) Vuforia and eye-tracking tech maker Eyefluence to make Snapchat's pair of "smart" glasses. The company showed interest when Google launched Glass and later bought Vergence Labs, which produced a pair of glasses equipped with an embedded camera for $15 million in March 2014. Company soon bought Scan.me for $50 million, a QR code-scanning/creating technology that would later manifest itself it the company's Snaptags feature. ...