Very curious how they pitched this to investors... “We’re building a platform geared to low end devices that will become obsolete within a couple of years. Invest now, and be part of our team’s amazing journey towards acquihire!”
LOL. My guess would be "All ARKit and ARCore bases are belong to us". 8th Wall XR works on all the ARKit and ARCore devices. Why would you want to create an AR app twice when you can create it once? For free.
Supports Unity, and works on both iOS and Android out of the box. (I'm not affiliated, just a supporter.)