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Microsoft Unveils HoloLens 2 Developer Edition

The new dial-in fit system makes the headset comfortable to wear for longer periods

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Logo of Microsoft outside it's office. Pixabay

Microsoft has unveiled a developer edition of its Mixed Reality (MR) headset HoloLens 2.

Priced at $3,500, the device will have software support for the “Unreal Engine 4 SDK (software development kit)”, The Verge reported on Thursday.

The kit will include the HoloLens 2 hardware and Azure credits alongside free trials of Unity Pro and Unity PiXYZ Plugin for CAD data.

Microsoft still hasn’t announced a commercial release date for the HoloLens 2.

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FILE – Microsoft Corp. signage is seen outside the Microsoft Visitor Center in Redmond, Washington, July 3, 2014. VOA

The company showcased the device in February at the Mobile World Congress in Barcelona.

The HoloLens 2 has a field of view that’s more than double of the first-generation HoloLens. The device is based on Qualcomm Snapdragon 850.

Also Read- Apple Watch Leads the Global Smartwatch Shipments : Report

HoloLens 2 contains eye-tracking sensors that make interacting with holograms even more natural.

The new dial-in fit system makes the headset comfortable to wear for longer periods. (IANS)

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Microsoft’s Corporate Venture Fund to Empower Women-led Enterprise Startups in India

In a recent study by MassChallenge and Boston Consulting Group (BCG), women-founded businesses delivered more than two times as much revenue per dollar invested than their male counterparts

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FILE - A sign for Microsoft is seen on a building in Cambridge, Massachusetts, March 18, 2017. VOA

In a bid to empower women entrepreneurs, Microsoft corporate venture fund M12 on Thursday partnered with Mayfield and Pivotal Ventures to announce $6 million competition for women-led enterprise startups in India, the US, Europe, Canada and Israel.

In its second year, the “Female Founders Competition” will help accelerate funding for women entrepreneurs developing software-as-a-service (SaaS) and deep tech solutions.

Four winning companies will receive a total of $6 million in venture funding, along with access to technology, resources, mentoring and other benefits, the company said in a statement.

“The tech industry can’t afford to keep leaving women’s good ideas on the table. We need to level the playing field for female entrepreneurs, and together with Mayfield and Pivotal Ventures, we aim to do just that with our second Female Founders Competition,” Peggy Johnson, Executive Vice President, Business Development, Microsoft.

Submissions for the competition are open from October 17 to December.

Companies will be eligible to apply if they have at least one female founder, have raised no more than $5 million in combined equity funding and/or debt loans upon date of application, and offer or intend to release a product, service or platform addressing a critical business problem for a global market.

A live finals pitch competition will take place March 18-19 2020, with the announcement of winners to follow shortly thereafter.

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FILE – Microsoft Corp. signage is seen outside the Microsoft Visitor Center in Redmond, Washington, July 3, 2014. VOA

Two enterprise software startups will earn investment awards of $2 million each, and two deep tech startups innovating through substantial scientific and research advances will earn investment awards of $1 million each, said Microsoft.

Early this year, Microsoft announced that its corporate venture fund M12 will invest in Indian startups with a funding size of $2 million to $10 million.

M12 announced its first India investment in the healthcare SaaS (software-as-a-service) startup called “Innovaccer”.

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As the corporate venture arm for Microsoft, M12 (formerly Microsoft Ventures) invests in enterprise software companies in the Series A through C funding stage.

In a recent study by MassChallenge and Boston Consulting Group (BCG), women-founded businesses delivered more than two times as much revenue per dollar invested than their male counterparts.

“We are thrilled to partner with M12 and Pivotal Ventures on this innovative Female Founders Competition, through which we will find and invest in women creating built-to-last enterprise companies,” said Navin Chaddha, Managing Director, Mayfield. (IANS)