While Magic Leap became head of the Game Developers Conference with AR experiences at Unity and Unreal Engine booths, the news broke that the company was a winning bidder for ODG's patents.
Considering GDC, the Epic Games used the pulpit at the conference to announce a new fund to facilitate the creation of new 3D experiences for the Unreal Engine.
Elsewhere, a trio of companies showed why investors are hot for increased reality. Echoing Magic Leap's early days, the "invisible computing" company Mojo Vision attracted a huge investment from Google and others for AR technology that the public has not yet seen. As Scope AR showed how the current return on investment in AR comes in the business segment, WarDucks tempted another set of investors with the potential to replicate the Pokémon GO's success.
Magic Leap picks up ODG Patents
If you thought long and unfortunate story of ODG was over, wait, there is one final chapter to tell.
As we reported in January, ODG's remaining patent assets were put into auction, but the buyer was never disclosed. But we now have a pretty good idea of where these ODG patents ended.
In a US Patent and Trademark Office, patent assignments submitted earlier this month, the JGB Collateral (ODG's creditor excluding the patent assets and setting them up for auction), published Mentor Acquisitions One, LLC as a patent asset acquirer. You've never heard of that company, as it was just formed as a business unit in Delaware on January 16.
But on further investigation, we have discovered that Mentor Acquisitions One has exactly the same address as Magic Leap, which has its headquarters at 7500 W. Sunrise Blvd. in Plantation, Florida. Continue reading to retrieve the story …
REALITY BITES: In addition to helping with the introduction of Grordbattle at this week's Game Developers Conference, Unity took the chance to mark the AR apps developed with its platform during the keynote pre-show before the displayed AR AR platform tool during the actual keynote presentation.
Epic Games launches $ 100 million 3D experience fund created with Unreal
While some reputable in-depth computer initiatives on Google are closing, over to Epic Games things are just ramping up, and that means pretty little money available for indie augmented reality developers and startups.
At this week's Game Developers Conference in San Francisco, Epic Games, the company behind the Unreal Engine, announced the Epic MegaGrants Fund, which will provide developers, students, creative studios, business workers, and even entertainment professionals  Learn more about fund and how to apply …
REALITY BITES: In addition to announcing the Epic MegaGrants Fund, Epic Games gave visitors to Unreal Engine booth on GDC the opportunity to meet MICA, the virtual companion who will come later later.
Mojo Vision raises $ 58 million from Google's Gradient Ventures & Others
Four months have passed since the Mojo Vision arose from stealth, and we're not closer to seeing exactly what its "invisible computer technology" looks like.
But we know that Google is impressed enough to back the technology from the start, as the company's AI-centric venture fund, Gradient Ventures, joined Advantech Capital, HP Tech Ventures, Motorola Solutions Venture Capital, Bold Capital Partners, LG Electronics, Cocoa Ventures and Stanford StartX in a $ 58 million funding round.
Continue reading for some speculation as to what form "invisible computing" can take and how Google has become a leader in real estate investment …
REALITY BITES: Google's great news on GDC was the unveiling of its new Stadia video game service and controller, but the company had an AR presence at the conference as well. Visitors to Google Booth could play a AR space game built on ARCore and Cloud Anchors multiplayer protocols.
Scope AR closes $ 9.7 million in funding round
While the technology industry giants and eager start hopes the dream of a comprehensive consumer-boosted reality, the company AR is living the dream today.
Now, due to today's investment return over future potential, the company's AR platform manufacturer Scope AR has closed $ 9.7 million Series A funding round.
Read on to find out why Scope AR's record of business makes it a smart investment …
REALITY BITES: Smartglasses maker North rounded out the first leg in Focals pop-up shop road show in Santa Clara with stops on Intel, Google and Facebook. The company continues to Vision Expo East, Intel Capital Global Summit, Amazon's MARS Conference, and plans to build a second mobile store for the spring.
WarDucks closes $ 3.8 million, Rent Doom Co-Creator for Location-Based AR Game
With plans to compete with Niantic and other enhanced reality game developers, game developer WarDucks has closed a $ 3.8 million funding round.
According to Venture Beat, the EQT Ventures led the round with Suir Valley Ventures and other investors also participating. Funding enables WarDucks to develop a site-based AR game related to Pokémon GO.
In addition, the company made some high-profile jobs to restore its driving to the AR game leader. Continue reading to Learn More …
REALITY BITES: Niantic was also out in full force on GDC, establishing a PokéStop and Ingress Portal and publishing some sweet swag at his Yerba Buena Gardens outdoor booth. The company also used the conference to report that the Netflix series based on Ingress will debut on April 30.
Next Friday, Next Reality reviews the latest headline from the financial side of augmented and mixed reality. This weekly Market Reality column includes financing announcements, mergers and acquisitions, market analysis, and the like. Check out earlier releases of Market Reality for more news you may have missed.