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.
- Website
- www.xrspace.io/
- Email ID
- *****@xrspace.io
Key Metrics
Founded Year
2017
Location
Stage
Series C
Total Funding
$125M in 2 rounds
Latest Funding Round
Investors
Ranked
9th among 326 active competitors
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 |
View details of XRSPACE's funding rounds and investors
XRSPACE's founders and board of directors
Founder? Claim ProfileThe founders of XRSPACE is Peter Chou.
Here are the details of XRSPACE's key team members:
- Peter Chou: Founder of XRSPACE and founder of 2 other companies, VIVERSE and HTC Corporation. They serve on the board of 1 company.Contact Info: 1 email address
View details of XRSPACE's Founder profiles and Board Members
XRSPACE's employee count trend
XRSPACE has 77 employees as of Jun 26. Here is XRSPACE's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Meta 2004, Menlo Park (United States), Public | Developer of social media, messaging, and virtual reality technology platforms | - | 78/100 | |
2nd | VRChat 2014, San Francisco (United States), Series D | Provider of a VR-based social platform | $96M | 68/100 | |
3rd | IMVU 2004, Mountain View (United States), Series E | Provider of an online 3D avatar-based social network | $77M | 63/100 | |
4th | Avakin 2013, Nottingham (United Kingdom), Series A | Developer of a social application offering customizable avatars and virtual environments | $27.8M | 62/100 | |
5th | Flam 2021, San Francisco (United States), Series A | Provider of AI‑native mixed‑reality and interactive‑content platform | $22.5M | 59/100 | |
6th | ZEPETO 2018, Seongnam-si (South Korea), Series B | Metaverse social platform offering 3D character creation | $155M | 58/100 | |
7th | Decentraland 2017, Buenos Aires (Argentina), Series B | NFT-based platform for virtual world games | $25M | 58/100 | |
8th | 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 | Provider of a virtual reality based social networking solution | $125M | 56/100 | ||
10th | 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
Media has covered XRSPACE for 1 event in last 1 year, It was about company updates.
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Perxona officially unveils "ONE ART AI Avatar Smart Assistant" at ONE ART TaipeiPR TIMES•Jan 15, 2026•Perxona, XRSPACE
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AI Security Startup Apex Emerges From Stealth With Funding From OpenAI CEOSecurityWeek•May 02, 2024•Apex.AI, Sequoia Capital, Index Ventures, OpenAI and 17 others
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XRSPACE Partners With Meta and TAICCA Enabling World’s First XRSPACE•Sep 20, 2022•XRSPACE, Meta, Taicca
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STYLE.ME Partners with XRSPACE to Bring Digital Fashion to the MetaverseGlobeNewswire•Jul 28, 2022•StyleME, XRSPACE
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XRSPACE MANOVA available now, bundle with operator 5G subscription XRSPACE•Nov 07, 2020•XRSPACE, TAITRA
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VR firm XRSpace reveals new standalone headset MovaPocket Gamer•Jun 29, 2020•HTC Corporation, XRSPACE
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XRspace Mova Lets You Virtually Connect With Others During This Time Of Social DistancingWearable Technologies•Jun 01, 2020•XRSPACE
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