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The $1,499 Quest Pro Is Meta’s VR Solution For Business

Mark Zuckerberg has announced a new mixed-reality device designed for professionals, dubbed the Meta Quest Pro.

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the $1499 quest pro is meta's vr solution for business

At Meta Connect 2022, a new device designed for business professionals has been unveiled, and it represents a considerable upgrade from the cheaper $399 Quest 2 device.

Meta’s new Quest Pro VR device aims to increase “social presence, productivity, and collaboration”, using advanced eye tracking and multiple virtual screens overlaid on top of your physical apartment or office space.

The Quest Pro features a unique “open periphery design,” which allows wearers to still see the world around them in their peripheral vision, with magnetic light blockers available if a more immersive experience is required.

Compared to the Quest 2, the new device sports a 40% thinner pancake lens, with better visuals and two LCDs that offer richer colors and far more contrast. The Quest Pro also provides 37% more pixels per inch, with the aforementioned eye-tracking technology and better facial recognition to render avatar expressions.

All New Controllers

meta quest pro vr controllers

As well as a visual update, the Meta Quest Pro features all-new controllers with a more ergonomic design. Haptic feedback and triple sensors are present to track movement independently of the headset, enabling 360 degrees of motion. Finally, a stylus can be added to the bottom of each controller, allowing more creative options for Horizon Workrooms and other programs.

The new Meta Quest Touch Pro controllers have an upgraded, ergonomic design and haptic capabilities through the company’s TruTouch Haptics system. The controllers’ three built-in sensors are the biggest change, tracking movement independently of the headset to enable a 360-degree range of motion. You can also add a stylus to the bottom of the controllers, transforming them into writing utensils for Horizon Workrooms and other apps.

Bigger Battery, More Storage

meta quest pro vr headset

The Quest Pro runs on the new Qualcomm Snapdragon XR2+ platform, which offers 50% more power than the Meta Quest 2, with better cooling ability. There’s a new curved battery too, offering improved balance and comfort, and it’s rechargeable via a 45W USB-C dock (along with the controllers).

Configuration options are lacking, with the Pro sporting 12GB of RAM and 256GB of storage. Controllers and stylus tips are included in the price, along with the charging dock and magnetic light blockers, though optional accessories, such as a carrying case, will cost extra.

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Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

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mamo completes $3.4 million funding round to enhance fintech services
Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.

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