Our French XR Village at SIDO 2020 united the French sector and promoted it to the world (more on the upcoming business and international commission very soon!). We had the Microsoft Hololens France, Minsar, Ino-VR and the AFXR team, Speedernet, LIGHT & SHADOWS, France Immersive Learning, Novelab, Sphere, Novelab, TechViz Synergiz, among others!
Join our VRARA France Chapter today!
This ecosystem report is a simple yet effective way to show what’s happening in France to the world and so that any business interested in augmented reality can quickly identify key partners to streamline their implementation.
Augmented reality got its start in 1968 with the first augmented reality system created by Yvan Sutherland.
Since then, 30 years of hardware and software innovations have propelled augmented reality intothe limelight. 2020 has already seen some big strides, as augmented reality is not considered a trend any more by panel analysts, but a revolution for the B2B and B2C markets.
The coming years will see an even bigger breakthrough, with an expected peak coming in2023-2024, as predicted by Apple’sTim Cook and Facebook’s Mark Zuckerberg.
There is not a day that goes by where AR doesn’t make a an impact It can be through an Instagram filter, innovations in computer vision capabilities, or businesses uncovering valuable new use cases that improve employee productivity and reduce operational costs.
Augmented reality is indeed now a reality, an innovative strategy for companies to stay or become competitive.
However, a lot of new providers are rising up in the augmented reality market as the technology matures.
In the glasses and headsets space, hardware providers are entering the market just as quickly as they are disappearing. Big hardware companies like Lenovo and Apple want a piece of the cake. From a software perspective, only a few platforms can effectively provide scalable and sustainable technology. And finally, there are hundreds of integrators and developers claiming to be augmented reality specialists that only know the tip of the iceberg.
The augmented reality market is constantly evolving and customers are requesting truth and confidence in order to bring their augmented reality projects to life.
Initiatives like the VR/AR Association French annual report are key to achieving this kind of transparency.
That’s why we are sponsoring this report—so any business interested in augmented reality can quickly identify key partners to streamline their implementation.
“Most companies are just getting started with AR, and most have few experts on staff. That’s where partnering with experts is a key factor of success.”
Marc Bringuier
Director of Augmented Reality
PTC Vuforia
Paris, France, November 27th, 2019 – Minsar by Opuscope is pleased to announce it has successfully closed its 3M€ Seed Funding round with Bievre Epargne, a year after Minsar's initial release. "This fundraising round is the conclusion of a year iterating with close partners and early customers", exclaimed Soraya Jaber, CEO & co-founder of Opuscope. "We are now well on our path to developing the platform creators and designers will use to build and distribute AR/VR content for a billion users".
Opuscope was founded in 2016 by Soraya Jaber (CEO) and Thomas Nigro (CTO), when they were 20 and 19 years old, because of their shared mutual passion for creativity, art and technology, and the desire to accelerate the transition to spatial computing technologies. AR & VR technologies are being used more and more every year and have a huge potential for many sectors such as retail, marketing, tourism, education, industry, health and more. Content creators today are challenged by a world where there is an increasing demand for AR & VR
experiences, but the technical complexity behind them leaves creators with little time and resources to fulfil this demand. Opuscope has solved these technical complexities by building Minsar: A code-free platform for the creation and distribution of VR & AR experiences. Minsar allows creative professionals to build, distribute, and collaborate on AR & VR experiences directly through their 3D headset, tablet, or smartphone. Minsar is one of the first cross-platform and fully integrated content management system that aims to make the creation and distribution of mixed reality experiences accessible to all. The platform is currently available on HoloLens, Magic Leap, Android, and iOS devices.
Thomas Nigro, CTO & Co-Founder of Opuscope explains "This round of fundraising will allow us to significantly expand the Minsar platforms with new features aimed at designers, creators and publishers, launch Minsar on new hardware platforms, and eventually contribute to making Europe a leader in the next generation of computing." In 2017, Opuscope raised a total of €750k in a pre-seed round and won the first round of the Independent Creator Program organized by Magic Leap in 2019, with a significant amount of money. Bièvre Epargne is a Specialized Professional Investment Fund which shares its network and expertise with companies in the health and digital sectors in order to accelerate their growth.
Contact:
Soraya Jaber
CEO & Co-Founder
soraya@opuscope.com
+33.6.88.34.61.41
If you’re interested in being featured in this report or sponsoring it, please email info@thevrara.com
The ecosystem report is a simple yet effective way to show what’s happening in France to the world. It will be distributed through the global VRARA network, grabbing attention on a global level with proof that there's something to say about VR/AR in France. We would like to invite you to be part of this report!
You can see reports for other Ecosystems that have been already published here:
About VR/AR Association
The VR/AR Association (VRARA) is an international organization designed to facilitate collaboration between innovative companies and people in the VR and AR ecosystem that accelerates growth, fosters research and education, helps develop industry standards, connects member organizations and promotes the services of member companies. Over 4000 companies, brands, schools and 27,000 professionals are registered with VRARA and 20 industry committees are working on best practices & guidelines for the industry. Learn more at thevrara.com
