While Magic Leap turned heads at the Game Developers Conference with AR experience in the cabins of Unity and Unreal Engine, it became known that the company was the tenderer of the ODG patents.
Epic Games Launches its Pulpit with GDC At the conference, a new fund was announced to help create new 3D experiences for the Unreal Engine.
In another company, three companies demonstrated why investors are excited about the reality of augmented reality. After the beginnings of Magic Leap, the "invisible computing" company Mojo Vision made a big investment from Google and other companies in AR technology that the public has not yet seen. When Scope AR showed how AR's current return on investment is in the enterprise segment, WarDucks seduced a number of other investors with the potential to replicate the success of Pokémon GO.
Magic Leap attacks ODG patents
If you thought so ODG's long and unfortunate story was over, wait, there's one last chapter.
As we reported in January, ODG's remaining patent assets were put up for auction, but the buyer was never revealed. However, we have a pretty good idea of where these ODG patents ended.
In a US patent application filed earlier this month, JGB Collateral (the ODG creditor segregated and abandoned the patent assets) for auction lists Mentor Acquisitions One, LLC as the acquirer of the patent assets. You probably never heard of this company before, as it was just founded on January 1
But on further investigation, we found that Mentor Acquisitions One has exactly the same address as Magic Leap is headquartered at 7500 W. Sunrise Blvd. in Plantation, Florida. Continue reading to read the story …
REALITY BITES: In addition to supporting the launch of Grordbattle at this year's Game Developers Conference, Unity seized the opportunity to highlight its developed AR apps Platform during the keynote pre-show before the cross-platform AR Foundation Toolkit was unveiled during the actual keynote.
Epic Games launches a $ 100 million fund for 3D experiences created with Unreal
At Google, the system shuts down, Epic Games keeps it going, and it's quite a bit of developer and startup money Ups from augmented reality developers available.
At this year's San Francisco Game Developers Conference, Epic Games, the company behind the Unreal Engine announced the Epic MegaGrants Fund, which will provide developers, students, creative studios, corporate employees and even entertainment professionals with financial support from a pool of 100 million dollars.
Continue reading to learn more about and the application …
REALITY BITES: In addition to announcing the Epic MegaGrants Fund Epic Games gave visitors to the Unreal Engine booth at the GDC has the opportunity to meet MICA, the virtual companion who will arrive later this year.
Mojo Vision collects $ 58 million from Google's Gradient Ventures & Others
which lasted four months since Mojo's vision emerged out of Stealth, and we're not even closer to seeing how his "invisible computing" Technology looks like.
However, we know that Google is impressed enough to support startup technology as the company's AI. Center Venture Fund, Gradient Ventures, joined Advantech Capital, HP Tech Ventures, Motorola Solutions Venture Capital, Bold Capital Partners, LG Electronics, Kakao Ventures and Stanford StartX in a Series B round of financing of $ 58 million.
Continue reading For some speculation as to what form " invisible computing" might take and how Google has consistently become a market leader in augmented reality investments …
REALITY BITES: Google's big message at the GDC was the unveiling of its new Stadia video game service and controllers, but the company also had an AR presence at the conference. Visitors to the Google booth were able to play a AR Escape Room built on ARCore and the Cloud Anchors multi-player protocol.
Scope AR Closes $ 9.7 Million Financing Round
Startups chasing the dream of widespread consumer augmented reality, Enterprise AR is living the dream today.
Due to today's return on future potential, AR's platform maker Scope AR has already closed $ 9.7 million Series A financing round.
Read on to find out why Scope AR's track record makes a smart investment for companies …
REALITY BITES: The manufacturer of Smartglasses North rounded off the first leg of its FOCAL Pop off Roadshow in Santa Clara with stops at Intel, Google and Facebook. The company will continue at Vision Expo East, Amazon's MARS conference, Intel Capital Global Summit, and plans to build a second mobile store this spring.
WarDucks Closes $ 3.8 Million and Deploys Doom Co-Creator for Location-Based AR Game
With the plan to compete with Niantic and other Augmented Reality game developers, game developer WarDucks has entered a round of financing completed $ 3.8 million.
According to Venture Beat, EQT Ventures Spearheaded Together with Suir Valley Ventures and Other Investors The financing will enable WarDucks to develop a location-based AR game similar to Pokémon GO.
In addition, the company has hired some high-caliber employees to support its run in the AR match manager. Continue reading to learn more …
REALITY BITES: Niantic was also in full deployment at the GDC, establishing a PokéStop and Ingress Real Life Portal and distributed some sweet loot at his Yerba Buena Gardens outpost. The company also took advantage of the conference to announce that its Ingress-based Netflix series will debut on April 30.
Next Reality reviews every Friday the latest headlines from the financial world of Augmented and Mixed Reality. This weekly Market Reality column contains information on funding announcements, mergers and acquisitions, market analysis and the like. In previous issues of Market Reality, you'll find more news that you might have missed.