NextVR


Apple reportedly buys NextVR

Apple is reportedly in the process of buying NextVR, a California tech firm which specialises in creating virtual reality experiences for sports and entertainment events. According to 9to5Mac, the iPhone maker is heavily invested in augmented reality and is in the process of designing a AR headset. The report notes that Apple is specifically interested […]

NBA extends partnership with NextVR

American sports league the NBA has extended and expanded its agreement with VR firm NextVR. From October 26, NextVR will feature one game a week in virtual reality to subscribers of the NBA League Pass streaming service within the NextVR app. This will expand to feature weekly game broadcasts, full game replays, highlights and other […]

NextVR to deliver VR NBA Final highlights

Virtual reality platform provider NextVR has partnered with NBA Digital for the second year running to offer on-demand VR game highlights of the 2018 NBA Finals. Fans will be able to access highlights from the NBA Finals channel within the NextVR app the day after each game of the basketball finals. NextVR said that a […]

AR and VR investments reach US$2.3bn

The amount of money invested last year in virtual and augmented reality companies more than tripled compared to 2015, according to new research. Digi-Capital’s new ‘Augmented/Virtual Reality Report and Deals Database’ said that venture capitalists and corporate investors put US$2.3 billion into AR and VR startups in 2016, compared to some US$700m in 2015. AR […]

NextVR raises US$80 million funding round

Virtual reality broadcast specialist, NextVR, has raised US$80 million (€72 million) in Series B funding, which it said will help to expand its global footprint. With the new financing, NextVR said that it will accelerate development of its virtual reality platform and international operations. The company, which specialises in streaming live VR content, said that […]

Comcast Ventures invests in VR studio Kite & Lightning

Comcast Ventures has invested in virtual reality studio Kite & Lightning, marking the latest in a string of bets in the VR space. Comcast Ventures’ Catalyst Fund contributed to Kite & Lightning’s US$2.5 million seed round, which was led by Raine Ventures and also included contributions from Social Capital, Outpost Capital, Boost VC and Jason […]

Report: NextVR raises US$20m from China’s CITIC Guoan

NextVR, a company that specialises in virtual reality live-event streams, has reportedly raised US$20 million from Chinese investment group CITIC Guoan. According to a Variety report, CITIC bought Class B shares representing 2.3% of NextVR’s total equity, with the deal part of a planned US$80 million round that will value the firm at US$800 million. […]

NBC and NextVR broadcast virtual reality Kentucky Derby

NBC Sports Group made its first steps into virtual reality (VR) broadcasting at the weekend by airing VR footage from the Kentucky Derby, in partnership with NextVR. The companies claimed that Saturday’s coverage marked the “first-ever horse racing in virtual reality” with footage captured “from the paddock to the track and finishing in the winner’s […]

NextVR and Live Nation to broadcast 360-degree concerts

Comcast and Time Warner-backed NextVR has partnered with Live Nation to broadcast hundreds of live music concerts and events using virtual reality (VR) technology. The first VR event to be covered as part of the deal will take place this summer, with the full schedule of events to be announced later this year. Viewers will […]

Virtual reality specialist NextVR raises US$30.5m from Comcast, Time Warner

NextVR, a company that specialises in virtual reality live-event streams, has raised US$30.5 million in funding with participation from US pay TV giants Comcast and Time Warner. Venture capital firm Formation 8 led the funding, with Comcast Ventures and Time Warner Investments joining the round – throwing their support behind the new broadcasting technology. NextVR […]