About Virtual Reality sector in Vancouver, Canada
The Virtual Reality sector in Vancouver, Canada comprises 38 companies, including 12 funded companies having collectively raised $16.2M in venture capital money and private equity. Out of these, 3 are Series A+ funded.
This sector includes immersive multimedia that digitally simulates presence in real or imagined worlds, and allows the user to interact with that world. VR immerses the user into a computer-generated experience that artificially replaces the physical surroundings.
Virtual Reality sector is also known as Immersive Reality or Simulated Reality.
Includes companies which manufacture display devices (head mounted devices, smartphone-based headsets), studios making their own VR content, startups focusing on live streaming of events (like sports, concerts) in virtual reality. Consists of companies providing tools for creating VR content (like reality capture, VR modeling, end to end solutions, processing, developer tools). Contains platforms for delivery of VR content like videos, experiences, apps as well as platforms enabling distribution of VR content on various VR publishing platforms. Tools enabling interaction in virtual reality through peripherals and software through gesture detection, tracking are also included. Comprises of players applying VR technology in various fields like Healthcare, Education, Real Estate, Retail, Entertainment, Social, Tourism, etc. Also includes service companies which make custom VR applications. Excludes generic 3D and visualization tools. Generic software which can be used to make VR content e.g. game engines like Unity are not covered here. Excludes Gaming studios which are covered under VR Gaming feed. Does not include consulting firms for VR. Excludes Augmented Reality specific device manufacturers and technology solutions providers which are covered in Augmented Reality feed.
Top Virtual Reality Companies in Vancouver, Canada
There are 38 Virtual Reality startups in Vancouver, Canada which include Archiact, Precision OS, Intelligent Haptronic Solutions, Cognitive3D, RapidFire. Out of these, 12 startups are funded, with 3 having secured Series A+ funding.
Over the past 10 years, an average of 1 new company has been launched annually. Notably, several of these startups have been founded by alumni of Harvard University and Queen's University.
Here is the list of top Virtual Reality startups in Vancouver, Canada

1. Archiact
Developer of VR experiences and games. The company is focused on creating virtual reality games, including "DOOM 3", "Evasion" "FREEDIVER" and "Journey to Foundation". The games are available on various platforms, including PSVR, Meta Quest, and Pico.
Key facts about Archiact
- Founded Year: 2013
- Location: Vancouver (Canada)
- Stage: Series A
- Total Funding till date: $3.2M
- Latest Funding Round: Series A, Mar 10, 2016, $*****
- Tracxn Score: 43/100 What is this?
- Competitors Rank: 153 of 1,890 Competitors
2. Precision OS
PrecisionOS is software for orthopedic simulation in virtual reality/augmented reality/mixed reality. It offers an Arthroplasty platform that allows surgeons to perform virtual surgery before the actual patient intervention, and a Trauma platform using which surgeons can virtually comprehend the fracture configuration, optimal screw trajectory, and plate position. before treating complex injuries. The company also provides custom VR, AR, or MR experiences to the Orthopedic industry.
Key facts about Precision OS
- Founded Year: 2017
- Location: Vancouver (Canada)
- Stage: Series A
- Total Funding till date: $2.3M
- Investors: AO Invest and XR Invest
- Latest Funding Round: Series A, Nov 14, 2018, $*****
- Tracxn Score: 38/100 What is this?
- Competitors Rank: 23 of 243 Competitors
Intelligent Haptronic Solutions is a developer of VR based digestive endoscopy simulator device. The VR based digestive endoscopy simulator models the gastrointestinal system for medical education and surgical training applications.
Key facts about Intelligent Haptronic Solutions
- Founded Year: 2017
- Location: Vancouver (Canada)
- Stage: Seed
- Total Funding till date: $5M
- Investors: Aplus Labs, Yuanzhen Value Investment and 2 Others
- Latest Funding Round: Angel, Jul 16, 2020, $*****
- Tracxn Score: 35/100 What is this?
- Competitors Rank: 25 of 218 Competitors

4. Cognitive3D
Developer of a platform offering VR analytics solutions. Its platform has features that record, measure, aggregate, and analyzes data from VR, AR, and MR experiences to provide actionable insights. The platform is composed of a 3D data visualization platform providing insights into user path and movement activity, engagement, and gazes time and spatial relevancy of event telemetry. It is compatible with VR headsets such as Samsung Gear, HTC Vive, Oculus, Google VR, Daydream, Microsoft Hololens, Arkit, and Meta.
Key facts about Cognitive3D
- Founded Year: 2015
- Location: Vancouver (Canada)
- Stage: Seed
- Total Funding till date: $2.68M
- Investors: Konvoy Ventures, Boost VC and 6 Others
- Latest Funding Round: Seed, Sep 13, 2022, $*****
- Tracxn Score: 35/100 What is this?
- Competitors Rank: 20 of 267 Competitors
5. RapidFire
RapidFire is an in-game advertising company based in Canada. It helps game companies to increase their revenue through dynamic in-game advertising. RapidFire's proprietary ad serving technology enables real-time and geo-targeted integration of advertisements on billboards situated throughout a 3D video game environment.
Key facts about RapidFire
- Founded Year: 2010
- Location: Vancouver (Canada)
- Stage: Unfunded
- Tracxn Score: 33/100 What is this?
- Competitors Rank: 30 of 127 Competitors
Companies founded year-on-year in the Virtual Reality sector in Vancouver
5 Virtual Reality startups in Vancouver were founded in 2017 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | - |
2023 | - |
2022 | 1 |
2021 | 1 |
2020 | 1 |
2019 | 1 |
2018 | 4 |
2017 | 5 |
2016 | 5 |
Stage-wise distribution of Virtual Reality sector companies in Vancouver
Out of the total 38 Virtual Reality companies in Vancouver, 12 have secured funding. Among them, 3 have reached Series A or higher, and 1 to Series B or beyond.
Founded - 38
Funded - 12
Series A+ - 3
Series B+ - 1
Series C+ - 1
Company Stage | No. of companies |
|---|---|
Founded | 38 |
Funded | 12 |
Series A+ | 3 |
Series B+ | 1 |
Series C+ | 1 |
Funding Trends in the Virtual Reality sector in Vancouver
Total funding year-on-year in the Virtual Reality sector in Vancouver
The Virtual Reality sector in Vancouver saw a total funding of more than $16.2M in the last 10 years. The most amount of funding was in 2017 at more than $5M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $11.6K |
2024 | - |
2022 | $2.5M |
2020 | - |
2019 | $959K |
2018 | $4.3M |
2017 | $5M |
Recent Funding Rounds in Virtual Reality in Vancouver
In the year 2025, till April 2025, Virtual Reality companies in Vancouver have raised $11.6K in equity funding across 1 round.
Here are some recent, important funding rounds in Virtual Reality companies in Vancouver:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 4389 | Apr 04, 2025 | - | |
Seed | 9499 | Nov 22, 2024 | - | |
Seed | 9199 | Sep 13, 2022 | ||
Angel | 4178 | Jul 16, 2020 | ||
Series A | 4981 | Nov 14, 2018 |
Top Investors in Virtual Reality in Vancouver
Panache Ventures is the top investor in Virtual Reality companies in Vancouver based on number of companies invested.
Here are some top investors in Virtual Reality companies in Vancouver:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Montreal (Canada) | - | |
Vancouver (Canada) | ||
Vancouver (Canada) | ||
Vancouver (Canada) | - | |
San Francisco (United States) | - |
Colleges which produce the most Virtual Reality companies in Vancouver
Companies founded by alumni from top colleges in the Virtual Reality in Vancouver
Most number of Virtual Reality startups in Vancouver have been founded by alumni from Harvard University and Queen's University.
College | No. of companies |
|---|---|
Harvard University | 1 |
Queen's University | 1 |
Top News in Virtual Reality in Vancouver
•
Siemens Healthineers adds VR training for mobile 3D X-ray system with PrecisionOS collabFierce Biotech•May 25, 2022•Siemens Healthineers, Precision OS
•
Fantasy 360 Announces Name Change to XR Immersive Tech Inc.GlobeNewswire•Feb 01, 2022•Fantasy 360 Technologies, Immersive Tech
•
PrecisionOS receives FDA 510(k) approval for VR surgical planning toolMobiHealthNews•Nov 30, 2021•Precision OS
•
PrecisionOS to Showcase Collaboration with Zimmer BiometPR Newswire•Mar 03, 2021•Zimmer Biomet, Precision OS
