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XRSPACE - About the company

XRSPACE is a series C company based in Taiwan, founded in 2017 by Peter Chou. It operates as a Provider of a virtual reality based social networking solution. XRSPACE has raised $125M in funding from Foxconn Electronics. The company has 326 active competitors, including 68 funded and 13 that have exited. Its top competitors include companies like Meta, VRChat and IMVU.

Company Details

Provider of a virtual reality-based social networking solution. Offers XRSpace Manova which is a social platform & a 5G-enabled VR headset which allows users to generate their true-presence avatar with one selfie and enables them to connect, socialize, and collaborate in virtual worlds. Also offers XRSpace Mova which is based on computer vision technology and is an end-to-end social VR platform comprising of hardware, software, content, & services for creating a virtual collaboration experience through 5G.
Social
XFacebook
Email ID
*****@xrspace.io
Key Metrics
Founded Year
2017
Location
Stage
Series C
Total Funding
$125M in 2 rounds
Latest Funding Round
Ranked
Employee Count
77 as on Jun 30, 2026
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XRSPACE's funding and investors

XRSPACE has raised a total funding of $125M over 2 rounds. Its first funding round was on Feb 22, 2022. Its latest funding round was a Series C round on Apr 20, 2023 for $*****. 2 investors participated in its latest round. XRSPACE has 2 institutional investors.

Here is the list of recent funding rounds of XRSPACE:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 20, 2023
1750019
Series C
1991148
4644978
8148001
2044046
Feb 22, 2022
5887983
Series C
8261699
8205915
1697173
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XRSPACE's founders and board of directors

Founder? Claim Profile
The founders of XRSPACE is Peter Chou.
Here are the details of XRSPACE's key team members:

XRSPACE's employee count trend

XRSPACE has 77 employees as of Jun 26. Here is XRSPACE's employee count trend over the years:
Employee count trend for XRSPACE
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XRSPACE's Competitors and alternates

Top competitors of XRSPACE include Meta, VRChat and IMVU. Here is the list of Top 10 competitors of XRSPACE, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Meta
Meta
2004, Menlo Park (United States), Public
Developer of social media, messaging, and virtual reality technology platforms
-
78/100
2nd
Logo for VRChat
VRChat
2014, San Francisco (United States), Series D
Provider of a VR-based social platform
$96M
68/100
3rd
Logo for IMVU
IMVU
2004, Mountain View (United States), Series E
Provider of an online 3D avatar-based social network
$77M
63/100
4th
Logo for Avakin
Avakin
2013, Nottingham (United Kingdom), Series A
Developer of a social application offering customizable avatars and virtual environments
$27.8M
62/100
5th
Logo for Flam
Flam
2021, San Francisco (United States), Series A
Provider of AI‑native mixed‑reality and interactive‑content platform
$22.5M
59/100
6th
Logo for ZEPETO
ZEPETO
2018, Seongnam-si (South Korea), Series B
Metaverse social platform offering 3D character creation
$155M
58/100
7th
Logo for Decentraland
Decentraland
2017, Buenos Aires (Argentina), Series B
NFT-based platform for virtual world games
$25M
58/100
8th
Logo for Status
Status
2024, Long Island City (United States), Series A
Developer of an AI-powered platform for role-playing and social interaction
$17M
57/100
9th
Logo for XRSPACE
XRSPACE
2017, Taiwan, Series C
Provider of a virtual reality based social networking solution
$125M
56/100
10th
Logo for SoulApp
SoulApp
2015, Shanghai (China), Series D
Provider of personality-based social networking solutions
-
54/100
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XRSPACE's Investments and acquisitions

XRSPACE has made no investments or acquisitions yet.

Reports related to XRSPACE

Here is the latest report on XRSPACE's sector:

News related to XRSPACE

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Media has covered XRSPACE for 1 event in last 1 year, It was about company updates.
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FAQs about XRSPACE

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