About Digital Twin
There are 1.24K companies in the Digital Twin sector across the world, with 425 funded companies having collectively raised $6.95B in venture capital money and private equity. Overall 191 of these are Series A+ funded and the sector has seen the creation of 2 Unicorns.
Digital Twin sector has seen 67 acquisitions and 24 IPOs. This represents almost 7.4% of all such companies - which is higher than the 4.5% exit rate of tech companies in general.
This sector includes companies that develop digital twin platforms and/or digital twin development tools and/or digital twin building services for multiple industries or specific industries.
Digital Twin sector is also known as Virtual Twin, Cyber Twin or Digital Cloning.
Companies included in Digital Twin sector
Companies developing digital twin platforms for multiple industries or for specific industries. Companies developing digital twin development tools like asset databases, etc. COmpanies providing digital twin development services.Companies excluded in Digital Twin sector
Companies developing generic 3D modelling tools, generic application development platforms, generic database providers, IoT Infrastructure providers, horizontal companies which develop digital twin technologies, and digital twin eco-system enablers.Market Map of Digital Twin
The market map of Digital Twin gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution. Trending business model in Digital Twin sector is Manufacturing Digital Twin.
Reports related to Digital Twin
Here are some reports related to Digital Twin sector:
Free
Digital Twin - Sector Report
Edition: August, 2026 (66 Pages)
Premium
Digital Twin Investor Landscape
Edition: February, 2025 (12 Pages)
Premium
Digital Twin Exit Landscape
Edition: August, 2026 (15 Pages)
View all reports related to Digital Twin. Sign up today!Top Companies in Digital Twin
There are more than 1.24K companies in Digital Twin. Matterport is the top Digital Twin company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Digital Twin companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of 3D digital twin solutions for various industry applications | Sunnyvale (United States) | 2011 | Acquired | $163M | |
Provider of enterprise software for simulation, data analytics, AI, and HPC | Troy (United States) | 1985 | Acquired | $35.1M | |
Blockchain-based network for application and AI infrastructure | Cambridge (United Kingdom) | 2017 | Series C | $61.9M | |
Developer of visual intelligence software for construction project site monitoring | San Francisco (United States) | 2017 | Series D | $199M | |
Developer of artificial intelligence models for research automation and analysis | San Francisco (United States) | 2023 | Series B | $1.23B |
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Companies founded year-on-year in the Digital Twin sector
51 new startups have been founded so far in 2026 in the Digital Twin sector. 106 Digital Twin startups were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 51 |
2025 | 50 |
2024 | 44 |
2023 | 58 |
2022 | 49 |
2021 | 79 |
2020 | 82 |
2019 | 106 |
2018 | 89 |
2017 | 89 |
Companies founded across countries in the Digital Twin sector
United States has 300 Digital Twin startups, the most by any country, followed by Germany which has 114 startups and United Kingdom which has 103.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 300 |
Germany | 114 |
United Kingdom | 103 |
India | 102 |
China | 53 |
France | 45 |
Canada | 44 |
Australia | 37 |
Netherlands | 26 |
Singapore | 22 |
Stage-wise distribution of the Digital Twin sector
Out of the total 1,237 Digital Twin companies, 425 have secured funding. Among them, 191 have reached Series A or higher, and 136 to Series B or beyond.
Founded - 1,237
Funded - 425
Series A+ - 191
Series B+ - 136
Series C+ - 109
Company Stage | No. of companies |
|---|---|
Founded | 1,237 |
Funded | 425 |
Series A+ | 191 |
Series B+ | 136 |
Series C+ | 109 |
Want to know more about Digital Twin ? Signup and explore Tracxn for free
- 1.2K+ Total Companies
- $6.95B+ Total Funding
- 420+ Funded Companies
- 20+ IPOs
- 65+ Acquisitions
- 5 Reports
Funding Trends in the Digital Twin sector
Total funding year-on-year in the Digital Twin sector
The Digital Twin sector saw a total funding of more than $6.33B in the last 10 years. The most amount of funding has been in 2026 at more than $1.62B till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $1.62B |
2025 | $403M |
2024 | $632M |
2023 | $370M |
2022 | $714M |
2021 | $1.03B |
2020 | $527M |
2019 | $358M |
2018 | $499M |
2017 | $174M |
Total funding across countries in the Digital Twin sector
In the last 10 years, Digital Twin startups in United States have recieved the highest funding among all countries - $3.96B. Norway follows with $561M and United Kingdom with $290M.
- Total Funding
Country | Total Funding |
|---|---|
United States | $3.96B |
Norway | $561M |
United Kingdom | $290M |
Germany | $279M |
Australia | $248M |
China | $220M |
Canada | $96.2M |
India | $89M |
France | $86.9M |
South Korea | $50.5M |
Total funding amount raised by stage in the Digital Twin sector
Over the last 10 years, the Digital Twin sector have seen $376M into Seed Stage funding rounds, $4B into Early Stage funding rounds and $1.15B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Early Stage | $4B |
Late Stage | $1.15B |
Debt | $385M |
Seed Stage | $376M |
Post IPO | $280M |
Grant | $86.8M |
ICO | $18M |
Recent Funding Rounds in Digital Twin
In the year 2026, till July 2026, Digital Twin companies have raised $1.59B in equity funding across 32 rounds.
In the same period last year (i.e. till July 2025), Digital Twin companies had raised $269M across 21 rounds.
So, 2026 has seen a 491.41% rise in funding in Digital Twin companies as compared to 2025.
Here are some recent, important funding rounds in Digital Twin:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 1779 | Jul 30, 2026 | ||
Seed | 1033 | Jul 23, 2026 | - | |
Seed | 8069 | Jul 21, 2026 | and 1 more | |
Series A | 2318 | Jul 15, 2026 | - | |
Series A | 3317 | Jul 03, 2026 | - |
Top Investors in Digital Twin
Europa is the top investor in Digital Twin companies based on number of companies invested.
Here are some top investors in Digital Twin:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Arlington (United States) | ||
Sunnyvale (United States) | ||
Oak Ridge (United States) | ||
Brussels (Belgium) |
M&A activity in Digital Twin
In the year 2026, till June 2026, 6 acquisitions happened in Digital Twin sector. Last year, in 2025, a total of 9 acquisitions happened in Digital Twin sector.
Here are some recent, important acquisitions in Digital Twin:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jun 30, 2026 | ||
Business Acquisition | Jun 01, 2026 | ||
Business Acquisition | May 19, 2026 | ||
Business Acquisition | Apr 30, 2026 | ||
Business Acquisition | Mar 05, 2026 |
Acquisition trends in Digital Twin
Here are the acquisition trends in Digital Twin:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 6 |
2025 | 9 |
2024 | 12 |
2023 | 2 |
2022 | 7 |
2021 | 12 |
2020 | 1 |
2019 | 8 |
2018 | 2 |
2017 | 3 |
IPOs in Digital Twin
In the year 2025, till December 2025, 2 IPOs happened in Digital Twin sector.
Here are some recent, important IPOs in Digital Twin:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 30, 2025 | Hong Kong Exchanges (HKG) | |
Dec 11, 2025 | Korea Exchange (KRX) | |
Feb 23, 2024 | Korea Exchange (KRX) | |
Aug 12, 2022 | OTC Markets (OTCMKTS) | |
Jun 28, 2022 | Neo Exchange (NEO) |
Colleges which produce the most Digital Twin companies
Companies founded by alumni from top colleges in the Digital Twin sector
Most number of Digital Twin startups have been founded by alumni from Stanford University, BITS Pilani and IIT Madras.
College | No. of companies |
|---|---|
Stanford University | 14 |
BITS Pilani | 7 |
IIT Madras | 7 |
University of California (Berkeley) | 7 |
IIT Delhi | 5 |
Imperial College London | 5 |
Massachusetts Institute of Technology | 5 |
University of Cambridge | 5 |
University of Oxford | 5 |
Carnegie Mellon University | 3 |
Total funding in companies founded by alumni from top colleges in the the Digital Twin sector
In the last 10 years, Stanford University graduates' Digital Twin companies have raised the most funding among top colleges. University of California (Berkeley) alumni are second, and Princeton University alumni are third.
College | Total Funding |
|---|---|
Stanford University | $2.36B |
University of California (Berkeley) | $1.54B |
Princeton University | $1.43B |
Massachusetts Institute of Technology | $712M |
Columbia University | $204M |
IIT Madras | $146M |
Harvard University | $127M |
University of Cambridge | $120M |
University of Oxford | $65.7M |
University of Warwick | $64M |
Top News in Digital Twin
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Aker Solutions Units Join Early Stage of Bellrock Floating Wind ProjectRenewables Now•Jul 16, 2026•Aker Solutions
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Aker Solutions ASA: Second-quarter and half-year results 2026PR Newswire•Jul 14, 2026•Aker Solutions
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IFS and AVEVA Announce Partnership to Advance AI-Powered Continuous Asset Decision IntelligenceBatipresse•Jun 19, 2026•AVEVA, IFS, Siemens, Cognite and 1 other
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Cognite Named to CNBC Disruptor 50 List for Leadership in Industrial AIBusiness Wire•May 19, 2026•Cognite
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Cognite Unveils Cognite Flows: An AI-Native Industrial Experience PlatformKorea Newswire•May 14, 2026•Cognite, ABB
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