How many total Metaverse companies are there?

As of Nov 2026, there are 938 active companies in Metaverse sector.

Which countries have the most Metaverse companies?

United States (324) has the highest number of Metaverse companies, followed by United Kingdom (99) and India (71).

How many Metaverse companies are funded?

As of Nov 2026, 455 companies in this sector have received funding.

Which company has raised the most funding in Metaverse sector?

As of Nov 2026, Improbable has secured $937M in funding, making it the highest-funded company in the Metaverse sector.

Which country has attracted the most investment in Metaverse companies?

With $2.53B in total funding, United States has attracted the most investment among Metaverse companies.

Who are the top investors in Metaverse companies?

The top investors in Metaverse companies by number of investments are Animoca Brands, Shima Capital and Outlier Ventures

How much venture capital has Metaverse sector attracted?

In the last 10 years, venture capital firms have invested $3.32B in this sector.

How many unicorns has Metaverse sector produced?

Globally, there are 9 unicorns in Metaverse sector, to date.

Metaverse - 2026 Market & Investments Trends

There are 1.24K companies in the Metaverse sector across the world, with 455 funded companies having collectively raised $5.95B in venture capital money and private equity. Overall 105 of these are Series A+ funded and the sector has seen the creation of 9 Unicorns.

Metaverse sector has seen 26 acquisitions and 8 IPOs.

This sector includes companies that develop a virtual world combining aspects of social media, online gaming, AR, VR, and cryptocurrencies to allow users to interact virtually.

Metaverse sector is also known as Metaverse Solutions, Advanced Metaverse or Digital Metaverse.

Companies included in Metaverse sector

Includes companies offering infrastructure for the creation and functioning of the metaverse, avatar creation platforms for metaverse, asset creation platforms for assets like music, products, etc., metaverse asset marketplaces, metaverse platforms that include metaverse games, virtual worlds for social networking, music, healthcare, fitness, museums, etc., and metaverse tech enablers such as financial services, advertising, identity management, etc.

Companies excluded in Metaverse sector

Excludes generic blockchain infrastructure, generic game developers, generic game engines, generic cloud infra, generic social media platforms, generic AR VR infra, etc that are not specific to the metaverse.

Key Metrics

Total Companies

1.24K

Top Companies

Roblox, Improbable & more

Total Funding

$5.95B

Funded Companies

455

Series A+ Companies

105

Series C+ Companies

Unicorns Created

IPOs

Acquisitions

Also known as

Metaverse Solutions or Advanced Metaverse

View complete details of this sector

The market map of Metaverse gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution. Top 3 trending business models in Metaverse sector are Metaverse Asset Marketplaces, Metaverse Development Studios and AR in Metaverse.

Recent BlueBox/Industry Definition image of Metaverse

Here is a report related to Metaverse sector:

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Metaverse - Sector Report

Edition: July, 2026 (74 Pages)

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There are more than 1.24K companies in Metaverse. Roblox is the top Metaverse company globally, ranked using Tracxn Score (what's this?).

Here are 5 of the top Metaverse companies globally:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Roblox	Online gaming platform for developing web and mobile games	San Mateo (United States)	2004	Public	$918M
Improbable	Developer of venture building services for artificial intelligence and metaverse	London (United Kingdom)	2012	Series D	$937M
Meta	Developer of social media, messaging, and virtual reality technology platforms	Menlo Park (United States)	2004	Public	-
Genies	Developer of tools for creating customizable, intelligent, and dynamic characters	Los Angeles (United States)	2011	Series C	$276M
VRChat	Provider of a VR-based social platform	San Francisco (United States)	2014	Series D	$96M

Get a longer list of companies

Companies founded year-on-year in the Metaverse sector

389 Metaverse startups were founded in 2021 - 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	-
2025	1
2024	5
2023	50
2022	341
2021	389
2020	94
2019	54
2018	39
2017	52

Companies founded across countries in the Metaverse sector

United States has 324 Metaverse startups, the most by any country, followed by United Kingdom which has 99 startups and India which has 71.

Total Number of Companies

Country	No. of companies
United States	324
United Kingdom	99
India	71
Singapore	62
China	49
United Arab Emirates	46
South Korea	44
Canada	28
France	26
Germany	25

Stage-wise distribution of the Metaverse sector

Out of the total 1,244 Metaverse companies, 455 have secured funding. Among them, 105 have reached Series A or higher, and 54 to Series B or beyond.

Founded - 1,244

Funded - 455

Series A+ - 105

Series B+ - 54

Series C+ - 44

Company Stage	No. of companies
Founded	1,244
Funded	455
Series A+	105
Series B+	54
Series C+	44

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1.2K+ Total Companies
$5.95B+ Total Funding
450+ Funded Companies
5+ IPOs
25+ Acquisitions

Total funding year-on-year in the Metaverse sector

The Metaverse sector saw a total funding of more than $5.37B in the last 10 years. The most amount of funding was in 2022 at more than $2.08B. There has been a total funding of $35.1M in 2026 till date.

Total Funding

Year	Total Funding
2026	$35.1M
2025	$27.1M
2024	$197M
2023	$234M
2022	$2.08B
2021	$1.36B
2020	$300M
2019	$128M
2018	$304M
2017	$699M

Total funding across countries in the Metaverse sector

In the last 10 years, Metaverse startups in United States have recieved the highest funding among all countries - $2.53B. United Kingdom follows with $638M and South Korea with $357M.

Total Funding

Country	Total Funding
United States	$2.53B
United Kingdom	$638M
South Korea	$357M
China	$316M
United Arab Emirates	$103M
Singapore	$62.5M
India	$41.7M
France	$30.6M
Canada	$19.7M
Vietnam	$13.3M

Total funding amount raised by stage in the Metaverse sector

Over the last 10 years, the Metaverse sector have seen $970M into Seed Stage funding rounds, $1.65B into Early Stage funding rounds and $1.81B go into Late Stage funding rounds.

Funding Stage	Total Funding
Late Stage	$1.81B
Early Stage	$1.65B
Seed Stage	$970M
ICO	$179M
Debt	$58.1M
Grant	$17.2M
Post IPO	$10.9M

Recent Funding Rounds in Metaverse

In the year 2026, till September 2026, Metaverse companies have raised $35.1M in equity funding across 9 rounds. In the same period last year (i.e. till August 2025), Metaverse companies had raised $26.8M across 6 rounds. So, 2026 has seen a 30.79% rise in funding in Metaverse companies as compared to 2025.

Here are some recent, important funding rounds in Metaverse:

Company	Round Raised	Amount Raised	Funding Date	Investors
VRChat	Series D	8277	Sep 20, 2026	pixiv
Istari	Series A	6909	Jul 15, 2026	-
Veyond Metaverse	Seed	6121	Jun 12, 2026	-
GEEIQ	Series A	4594	May 19, 2026	YFM Equity Partners and 2 more
Ctruh	Seed	3162	Apr 29, 2026	Inflection Point Ventures and 8 more

See a more detailed list of funding rounds

Animoca Brands is the top investor in Metaverse companies based on number of companies invested.

Here are some top investors in Metaverse:

Investor	Location	Top Portfolio Companies
Animoca Brands	Hong Kong (China)	The Sandbox, Decentraland, Yuga Labs and Upland
Shima Capital	San Francisco (United States)	Parcl, Gaia, RaceFi and Age Of Tanks
Outlier Ventures	London (United Kingdom)	SuperWorld, Union Avatars, SKNUPS and Matterless
LucidBlue Ventures	China	rct AI, Mirror World, Delysium and PlaceWar
Andreessen Horowitz	New York City (United States)	Roblox, Improbable, Fab and Ready Player Me

See a more detailed list of investors

In the year 2026, till September 2026, 2 acquisitions happened in Metaverse sector. Last year, in 2025, a total of 5 acquisitions happened in Metaverse sector.

Here are some recent, important acquisitions in Metaverse:

Company	Acquisition Type	Acquisition Date	Acquirers
Soul Machines	Business Acquisition	Sep 28, 2026	AppDirect
Meshcapade	Business Acquisition	Feb 19, 2026	Epic Games
Ready Player Me	Business Acquisition	Dec 23, 2025	Netflix
Minivet AI Labs	Business Acquisition	Dec 19, 2025	Flipkart
ARway	Business Acquisition	Dec 01, 2025	NexTech AR Solutions

See a more detailed list of acquisitions

Acquisition trends in Metaverse

Here are the acquisition trends in Metaverse:

Total Number of Acquisitions

Year	No. of companies
2026	2
2025	5
2024	3
2023	2
2022	6
2021	1
2020	-
2019	1
2018	1
2017	1

In the year 2026, till July 2026, 1 IPO happened in Metaverse sector.

Here are some recent, important IPOs in Metaverse:

Company	IPO Date	Exchange Symbol
Secur3D	Jul 17, 2026	Canadian Securities Exchange (CSE)
ARway	Nov 04, 2022	OTC Markets (OTCMKTS)
ARway	Oct 26, 2022	Canadian Securities Exchange (CSE)
MetaWorks	Apr 30, 2021	Canadian Securities Exchange (CSE)
MetaWorks	Apr 28, 2021	Canadian Securities Exchange (CSE)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in the Metaverse sector

Most number of Metaverse startups have been founded by alumni from Stanford University, IIT Delhi and Massachusetts Institute of Technology.

College	No. of companies
Stanford University	7
IIT Delhi	5
Massachusetts Institute of Technology	5
University of Oxford	5
Columbia University	4
Duke University	4
Harvard University	4
Carnegie Mellon University	3
IIT Bombay	3
Tsinghua University	3

Total funding in companies founded by alumni from top colleges in the the Metaverse sector

In the last 10 years, Stanford University graduates' Metaverse companies have raised the most funding among top colleges. Imperial College London and University of Cambridge alumni are second.

College	Total Funding
Stanford University	$952M
Imperial College London	$937M
University of Cambridge	$937M
Wharton School	$298M
University of Pennsylvania	$286M
Massachusetts Institute of Technology	$189M
University of Toronto	$89.8M
The University of Tokyo	$66.8M
University of Oxford	$63.2M
Kellogg School of Management	$42M