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Therapeutic Virtual Reality

BehaVR & Oxford VR Merge, Raises $13M for VR Delivery Platform

by Fred Pennic 12/13/2022 Leave a Comment

BehaVR & Oxford VR Merge, Raises $13M for VR Delivery Platform

What You Should Know: - Virtual reality mental and behavioral health companies BehaVR and OxfordVR today announced their merger, supported by an initial $13M in Series B funding led by Optum Ventures and Oxford Science Enterprises, with participation from Confluent Health, Accenture Ventures, Chrysalis Ventures and Thornton Capital. - Uniting under the BehaVR brand, digital therapeutic companies BehaVR and OxfordVR will deliver comprehensive virtual reality-based treatments for mental and
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Penumbra Launches First Hands-Free, Full-Body VR for Rehab

by Syed Hamza Sohail 11/15/2022 Leave a Comment

Penumbra Launches First Hands-Free, Full-Body VR for Rehab

What You Should Know: - Penumbra, Inc., a global healthcare company focused on innovative therapies, today announced the first full-body, non-tethered immersive virtual reality (VR) healthcare offering. - The latest REAL® System y-Series is the only platform to use upper and lower body sensors that allow clinicians to track full body movement and progress in real-time. The expansion of the virtual reality-based healthcare platform, REAL System, will be used to address a broad range of
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Hospital Deploys Immersive Virtual Reality Treatment Room for Kids with Cancer

by Jasmine Pennic 07/26/2022 Leave a Comment

Immersive Virtual Reality Treatment Room Changes Chemo Experience for Kids with Cancer

What You Should Know: - Lee Health’s Golisano Children’s Health Center in Naples, FL has deployed a new immersive virtual reality treatment room to improve the chemo experience for kids with cancer. Today, children battling cancer can now receive their chemotherapy while traveling to outer space, going on a deep-sea diving adventure or being immersed inside a video game. - The opening of the immersive treatment room took place earlier this year and is part of a comprehensive expansion of
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Rocket VR Health Launches VR Mindfulness Program for Cancer Patients

by Jasmine Pennic 06/06/2022 Leave a Comment

Rocket VR Health Launches VR Mindfulness Program for Cancer Patients

What You Should Know: - Rocket VR Health, a digital therapeutics company developing immersive therapy programs launches a new study in partnership with Dr. Linda Carlson, Enbridge Research Chair in Psychosocial Oncology at the University of Calgary Cumming School of Medicine. - The first-of-its-kind study will assess the feasibility of a virtual reality guided mindfulness (VRGM) intervention program in adult cancer patients with chronic cancer-related pain
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Komodo Health & AppliedVR Partner to Drive Therapeutic VR for Chronic Pain

by Jasmine Pennic 04/28/2022 Leave a Comment

AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management

What You Should Know: - Komodo Health, a company delivering patient-level insights by dynamically analyzing the broadest array of data across patients, practitioners, and health systems. today announced a new partnership with AppliedVR, the leader in therapeutic virtual reality (VR) for pain management. - Using Komodo’s technology, AppliedVR will combine its proprietary insights with Komodo’s real-world data to conduct clinical research into the efficacy, cost savings, and health system
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XRHealth Awarded Patent to Measure Sway and Conduct Fall Risk Assessment

by Jasmine Pennic 11/23/2021 Leave a Comment

XRHealth Launches Virtual Reality Telehealth Clinic in Israel

What You Should Know: XRHealth received a patent to measure sway and conduct a fall risk assessment in virtual and augmented reality. XRHealth, the leader in extended reality and therapeutic telehealth applications, announces today that they received a patent to measure sway and conduct a fall risk assessment using virtual reality and augmented reality therapy. Assessing Postural Sway in Virtual Reality or Augmented Reality Patent The patent is entitled “Assessing
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AppliedVR Awarded FDA Approval for VR Therapeutic for Lower Back Pain

by Jasmine Pennic 11/16/2021 Leave a Comment

AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management

What You Should Know:  - AppliedVR, an L.A.-based advancing the next generation of immersive therapeutics, today announced that the U.S. Food and Drug Administration (FDA) has granted de novo approval for its flagship immersive therapeutic, EaseVRx, to treat chronic low back pain, which previously received breakthrough device designation in 2020. The news also comes on the heels of AppliedVR announcing its $36M series B funding round, bringing its total funding to $71M. - Following
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AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management

by Fred Pennic 11/11/2021 Leave a Comment

AppliedVR Secures $36M to Scale Therapeutic Virtual Reality Platform for Pain Management

What You Should Know: - AppliedVR, a Los Angeles, CA-based company advancing the next generation of immersive therapeutics, today announced $36 million in series B funding, bringing its total funding to $71M. The round, which included investments from F-Prime Capital, JAZZ Venture Partners, Sway Ventures and SVB Ventures, set up AppliedVR for rapid growth as it prepares for its decision from the FDA on its first de novo submission. - Virtual reality provides an immersive experience that
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TRIPP Launches First Augmented Reality Experience On 5G-Powered Glasses

by Fred Pennic 09/27/2021 Leave a Comment

TRIPP Launches First Augmented Reality Experience On 5G-Powered Glasses

What You Should Know: - TRIPP, a Los Angeles, CA-based XR wellness and digital psychedelic platform, today announced its continued expansion beyond virtual reality into augmented reality (AR), launching on Nreal’s mixed reality glasses in Japan, Korea, Hong Kong, Germany and Spain. TRIPP was also selected as one of six companies to join T-Mobile’s Wellness Accelerator Program, working directly with technologists and business leaders at T-Mobile to build other 5G-powered experiences that
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Ketamine One, OVR Technology Partner to Provide Scent-Enabled Virtual Reality for Patients

by Fred Pennic 08/27/2021 Leave a Comment

Ketamine One, OVR Technology Partner to Provide Scent-Enabled Virtual Reality for Patients

What You Should Know: - Ketamine One is now collaborating with OVR Technology to provide a first-of-its-kind VR scent experience as part of its patient treatment programs to provide its INHALE Wellness Platform over an initial term of two years in Ketamine One’s clinics. The INHALE Wellness Platform is an olfactory-enabled VR platform designed to deepen immersion, promote relaxation and help manage stress. As part of the agreement, OVR Technology will provide its proprietary technology and
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