Saturday, June 3, 2023

With AR/VR startup funding from October 2022 to March 2023 falling 74% YoY to $800M, per PitchBook, the industry hopes Apple's MR headset could lure back VCs (Patrick McGee/Financial Times)

Patrick McGee / Financial Times:
With AR/VR startup funding from October 2022 to March 2023 falling 74% YoY to $800M, per PitchBook, the industry hopes Apple's MR headset could lure back VCs  —  Frenzy over iPhone maker's longed-for launch of mixed reality headset has reached ‘fever pitch’



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...