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BizWireTV Accelerator Report: AxonVR Secures Funding to Create a ‘Hands-On’ VR Experience and a STEM-Friendly Bot for Kids

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On the latest BizWireTV Accelerator Report, AxonVR announced that it has secured $5.8M in a recently-completed seed funding round. This represents the largest investment to date in a virtual reality haptics company. AxonVR’s HaptX Platform allows users to feel the physical properties of virtual objects.

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Also featured in the episode is this week’s startup standout, UBTECH Robotics’ TankBot, the latest addition to its line of STEM-friendly Jimu Robots for kids and teens. TankBot is an interactive building block system that combines learning and fun as kids build, program and share their robot creations.

Now available on BizWireTV’s new home on Tempo, the show serves as a preview of upcoming IPOs, scheduled earnings announcements, recent funding announcements and trends to watch in the upcoming week.

This week’s episode features:

AxonVR Secures Largest Ever Funding Round for Haptics in Virtual Reality

On the VC Watch:

Dynamic Signal Raises $25 Million to Help Organizations Better Communicate with Their Employees

Tripping.com Secures $35 Million in Series C Funding Led by Princeville Global

This week’s startup standout:

UBTECH Introduces TankBot: the First Jimu Robot That Runs on Treads

BizWireTV and BizWireTV Accelerator Report are hosted by Erin Ade. Tune in to watch Erin's reports for BizWireTV each Sunday and Friday on BizWireTV’s new home on Tempo.

The weekly schedule for BizWireTV episodes:

BizWireTV: Friday at 6:00 am ET
BizWireTV Accelerator Report: Sunday at 6:00 am ET

Click here to share this week’s BizWireTV’s Accelerator Report on Twitter: http://ctt.ec/8iY_6

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Investor relations, public relations, public policy and marketing professionals rely on Business Wire to accurately distribute market-moving news and multimedia, host online newsrooms and IR websites, build content marketing platforms, generate social engagements and provide audience analysis that improves interaction with specified target markets. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented simultaneous NX Network. Business Wire has 29 offices worldwide to securely meet the varying needs of communications professionals and news consumers. In 2015, Business Wire teamed up with Al Roker Entertainment to create BizWireTV, a bi-weekly digital video news program that features the top trending news releases that cross the wire.

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