7 Hottest VR Startups To Watch in 2018
With more money being invested in virtual and augmented reality, there hasn’t been a better time to get involved. Estimated by experts to inevitably grow and become a larger industry than computing and internet combined.
With such a vast and expansive industry it’s confusing to see which startups will be the most important in the future. We rounded up the most interesting and emerging virtual reality startups working on building the Metaverse!
Are the days of dreaming about a mind controlled interface over?
Neurable, a Boston-based startup is using the brain to control actions in virtual and augmented reality. The breakthrough neuroscience technology behind the idea is electroencephalography (EEG), which uses electrodes to record brain activity then analyzes the signals and determines the action that should occur.
Neurable offers a hands-free method to control VR/AR while avoiding the limitations of other technologies such as eye-tracking or voice commands, like the Meta 2. Users can control menus and options in augmented reality displays, or create magic and cast spells in VR games, all through the power of their brain. Neurable is non-invasive and uses dry-electrode sensors to record brain activity. It is also wireless, so it does not impair users’ movement.
I’m looking forward to a future where my virtual reality headset does what I’m thinking before my body can represent the action.
Nanome is a leader in building and innovating advanced virtual reality tools for scientific research and development. Nanome has developed Matryx, a collaborative research & development engine of virtual reality and blockchain. Including nano-one, the world’s first molecular visualization and modeling tool for today’s virtual reality platforms. As well as, Calcflow a foundational educational program for vector calculus using virtual reality.
Nanome’s goal is to build software in order to democratize science, engineering, and research led by VR and Blockchain technology.
One of the biggest technical problems facing virtual reality is the extremely high and unprecedented amount of VR data must be streamlined to the user’s display.
Various companies have tried different solutions like using the cloud, compression and engines. QuarkVR is working on a next-generation platform for compression and streaming technology with wireless VR / AR.
Quark can work on any hardware device and even supports 4K per-eye resolution. This new wireless solution is capable of streaming to a dozen users at the same time in the same environment with barely any latency (no interaction delays.)
LooxidVR is the World’s first all-in-one mobile-based VR headset with eye tracking and EEG sensors. LooxidVR provides information about where the users have looked and how the users’ brains are activated in VR.
Looxid has the potential to revolutionize the virtual reality industry for the better. LooxidVR features two eye tracking cameras and six brain-wave sensors are seamlessly integrated into VR to measure eye and brain activity.
Similarly to Neurable, it’s interesting to see how virtual reality will be used with neurobiology.
“Their research kit and analytics product will allow tons of industries that have already shown interest in VR to more capably capture user reactions.”
Lab recently funded by Vive X startup accelerator in Batch 3 in November of last year. Red Pill applies deep learning algorithms to optimize the workflow of real- time character animation. Its voice-to-facial engine and full body IK-solver work together to add a new level of realism to virtual characters in VR games.
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LiveLike, recently raised a $9.6M series round of funding, bringing the total to just over $23 million. LiveLike is a white-labeled VR streaming experience platform for Broadcasters like Fox, Buffalo Wild Wings, Sky and more.
In 2017 LiveLike produced 76 games in five countries, and streamed over 300 hours of original VR sports content.
Mark Metry is the Founder of VU Dream, an agency dedicated to helping virtual and augmented reality startups market their innovative products into reality.
Mark is also the Host of the Humans 2.0 podcast, a top charts iTunes podcast that features talented and impactful people in the new 21st century world. Mark has been featured in publications like the Huffington Post and VRScout.