Virtual Reality

The latest news about virtual reality and VR startups in Southern California from dot.LA.

For the first time, a virtual reality device received approval from the Food and Drug Administration to address pain.

Los Angeles-based therapeutic virtual reality startup AppliedVR's device to ease chronic lower back pain gained FDA approval this week.

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When Matthew Stoudt co-founded AppliedVR in 2015, few were talking about using virtual reality as a way to treat pain.

Now, the Los Angeles-based startup is awaiting approval from the Food and Drug Administration for one of its signature products to manage chronic lower back pain through its VR platform, and aims to ease people off high doses of opioids.

AppliedVR got a boost this week, raising $36 million in Series B funding. Investors included health care-focused firms F-Prime Capital and JAZZ Venture Partners. The funds will go to hiring and moving the company's suite of VR products through the FDA pipeline.

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Standing in a Century City WeWork, I watched as an eerily lifelike hologram was beamed in and silence filled the room.

Once a technology reserved for theater, holograms have become cheaper and more accessible for the masses. So as Zoom became the default office during the pandemic, WeWork turned to ARHT media to create work and conference spaces that didn't require everyone to jam in.

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