Confirmed by developers (EMUVR team):

EmuVR is a free, open-source application that combines retro gaming emulation with Virtual Reality. It does not just display a game on a floating screen; it creates an immersive "virtual bedroom" environment. Users can walk around a retro-styled room, pick up cartridges, insert them into consoles, and play games on a CRT television within the virtual space.

Key Features:

Target Audience: Retro gaming enthusiasts, VR users, and Android users looking for immersive emulation.