About Metaverse
There are 1.24K companies in the Metaverse sector across the world, with 450 funded companies having collectively raised $5.95B in venture capital money and private equity. Overall 104 of these are Series A+ funded and the sector has seen the creation of 9 Unicorns.
Metaverse sector has seen 24 acquisitions and 7 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.
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.Market Map of Metaverse
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.
Reports related to Metaverse
Here is a report related to Metaverse sector:
View all reports related to Metaverse. Sign up today!Top Companies in Metaverse
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 |
|---|---|---|---|---|---|
Online gaming platform for developing web and mobile games | San Mateo (United States) | 2005 | Public | $918M | |
Developer of social media, messaging, and virtual reality technology platforms | Menlo Park (United States) | 2004 | Public | - | |
Developer of tools for creating customizable, intelligent, and dynamic characters | Los Angeles (United States) | 2011 | Series C | $276M | |
Online platform offering a user-generated metaverse with blockchain games for creative and immersive gaming experiences | Hong Kong (China) | 2018 | Series B | $115M | |
Developer of a platform for creating and sharing virtual experiences | New York City (United States) | 2016 | Series B | $66.8M |
Companies founded year-on-year in the Metaverse sector
392 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 | 3 |
2023 | 49 |
2022 | 341 |
2021 | 392 |
2020 | 93 |
2019 | 53 |
2018 | 39 |
2017 | 51 |
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 98 startups and India which has 70.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 324 |
United Kingdom | 98 |
India | 70 |
Singapore | 62 |
China | 49 |
United Arab Emirates | 44 |
South Korea | 43 |
Canada | 28 |
France | 26 |
Germany | 25 |
Stage-wise distribution of the Metaverse sector
Out of the total 1,237 Metaverse companies, 450 have secured funding. Among them, 104 have reached Series A or higher, and 52 to Series B or beyond.
Founded - 1,237
Funded - 450
Series A+ - 104
Series B+ - 52
Series C+ - 41
Company Stage | No. of companies |
|---|---|
Founded | 1,237 |
Funded | 450 |
Series A+ | 104 |
Series B+ | 52 |
Series C+ | 41 |
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- 1.2K+ Total Companies
- $5.95B+ Total Funding
- 445+ Funded Companies
- 5+ IPOs
- 20+ Acquisitions
Funding Trends in the Metaverse sector
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 $2.1B. There has been a total funding of $109K in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $109K |
2025 | $41.1M |
2024 | $202M |
2023 | $234M |
2022 | $2.1B |
2021 | $1.37B |
2020 | $300M |
2019 | $123M |
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 - $2.55B. United Kingdom follows with $1.17B and South Korea with $357M.
- Total Funding
Country | Total Funding |
|---|---|
United States | $2.55B |
United Kingdom | $1.17B |
South Korea | $357M |
China | $316M |
United Arab Emirates | $103M |
Singapore | $62.5M |
India | $37.8M |
France | $30.6M |
Switzerland | $27.7M |
Vietnam | $13.3M |
Total funding amount raised by stage in the Metaverse sector
Over the last 10 years, the Metaverse sector have seen $974M into Seed Stage funding rounds, $1.67B into Early Stage funding rounds and $2.31B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $2.31B |
Early Stage | $1.67B |
Seed Stage | $974M |
ICO | $206M |
Debt | $58.1M |
Post IPO | $24.1M |
Grant | $17.2M |
PE | $6.5M |
Recent Funding Rounds in Metaverse
In the year 2026, till March 2026, Metaverse companies have raised $109K in equity funding across 2 rounds.
In the same period last year (i.e. till March 2025), Metaverse companies had raised $10.5M across 2 rounds.
So, 2026 has seen a 98.97% drop 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 |
|---|---|---|---|---|
Angel | 5182 | Mar 12, 2026 | and 1 more | |
Series A | 7492 | Mar 11, 2026 | ||
Series C | 9274 | Aug 15, 2025 | - | |
Seed | 2823 | May 29, 2025 | - | |
Seed | 8881 | Apr 17, 2025 | - |
Top Investors in Metaverse
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 |
|---|---|---|
Kowloon (China) | ||
San Francisco (United States) | ||
London (United Kingdom) | ||
New York City (United States) |
M&A activity in Metaverse
In the year 2026, till February 2026, 1 acquisition happened in Metaverse sector. Last year, in 2025, a total of 4 acquisitions happened in Metaverse sector.
Here are some recent, important acquisitions in Metaverse:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Feb 19, 2026 | ||
Business Acquisition | Dec 23, 2025 | ||
Business Acquisition | Dec 01, 2025 | ||
Business Acquisition | Jun 13, 2025 | ||
Business Acquisition | May 22, 2025 |
Acquisition trends in Metaverse
Here are the acquisition trends in Metaverse:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 1 |
2025 | 4 |
2024 | 3 |
2023 | 2 |
2022 | 6 |
2021 | 1 |
2020 | - |
2019 | 1 |
2018 | 1 |
2017 | 1 |
IPOs in Metaverse
In the year 2022, till November 2022, 2 IPOs happened in Metaverse sector.
Here are some recent, important IPOs in Metaverse:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Nov 04, 2022 | OTC Markets (OTCMKTS) | |
Oct 26, 2022 | Canadian Securities Exchange (CSE) | |
Apr 30, 2021 | Canadian Securities Exchange (CSE) | |
Apr 28, 2021 | Canadian Securities Exchange (CSE) | |
Mar 10, 2021 | New York Stock Exchange (NYSE) |
Colleges which produce the most Metaverse companies
Companies founded by alumni from top colleges in the Metaverse sector
Most number of Metaverse startups have been founded by alumni from Stanford University, University of Oxford and Massachusetts Institute of Technology.
College | No. of companies |
|---|---|
Stanford University | 9 |
University of Oxford | 7 |
Massachusetts Institute of Technology | 6 |
IIT Delhi | 5 |
Carnegie Mellon University | 4 |
Columbia University | 4 |
Duke University | 4 |
Harvard University | 4 |
University of Cambridge | 4 |
The Wharton School | 3 |
Total funding in companies founded by alumni from top colleges in the the Metaverse sector
In the last 10 years, University of Cambridge graduates' Metaverse companies have raised the most funding among top colleges. Stanford University alumni are second, and Imperial College London alumni are third.
College | Total Funding |
|---|---|
University of Cambridge | $1.01B |
Stanford University | $942M |
Imperial College London | $933M |
University of Oxford | $376M |
Seoul National University | $336M |
Wharton School | $298M |
University of Michigan - Stephen M. Ross School of Business | $286M |
University of Pennsylvania | $286M |
Massachusetts Institute of Technology | $191M |
Technische Universität Berlin | $80M |
Top News in Metaverse
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Arm Unveils AI-Optimized CPU, "Arm AGI CPU", to be Manufactured Using TSMC's 3nm ProcessIT Media•Mar 25, 2026•Arm, Meta, Taiwan Semiconductor Manufacturing, Synopsys and 1 other
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Boston IVF Partners with Gaia and PatientFi to Make Fertility Treatment More AccessibleBusiness Wire•Dec 02, 2025•Boston IVF, PatientFi, Gaia, Gaia Interactive
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Nick Scali sees profitability in British stores despite profit slump.The West Australian•Aug 08, 2025•Fab, Nick Scali
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Instagram now requires 1,000 followers to go live on the platformTechCrunch+•Aug 01, 2025•Instagram, Meta
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Comparative Study: Meta Platforms And Industry Competitors In Interactive Media & Services IndustryBenzinga•Jul 28, 2025•Meta, Alphabet, Baidu, Reddit and 11 others
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Instagram Changes Algorithm After Accusations of Steering Predators to ChildrenThe Verge•Jul 23, 2025•Meta, Instagram
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