Spotlight Stories launched in 2013 and has never made a profit since then. Best Studio Performance, Pearl, 2017
The company also worked with director Wes Anders to create virtual reality for his animated film Isle of Dogs.
A Google spokesman declined to comment on the closure of the project, promising to provide details later.
Previously, the Lyft taxi booking service patented the integration of XR technologies - combining AR and VR systems - in the process of traveling by car.