How many total Virtual Reality companies are there?

As of Oct 2026, there are 4,560 active companies in Virtual Reality sector.

Which countries have the most Virtual Reality companies?

United States (1,951) has the highest number of Virtual Reality companies, followed by United Kingdom (554) and India (392).

How many Virtual Reality companies are funded?

As of Oct 2026, 1,665 companies in this sector have received funding.

Which company has raised the most funding in Virtual Reality sector?

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

Which country has attracted the most investment in Virtual Reality companies?

With $3.1B in total funding, United States has attracted the most investment among Virtual Reality companies.

Who are the top investors in Virtual Reality companies?

The top investors in Virtual Reality companies by number of investments are Europa, HHS and Boost VC

How much venture capital has Virtual Reality sector attracted?

In the last 10 years, venture capital firms have invested $4.26B in this sector.

How many unicorns has Virtual Reality sector produced?

Globally, there are 3 unicorns in Virtual Reality sector, to date.

Virtual Reality - 2026 Market & Investments Trends

There are 6.4K companies in the Virtual Reality sector across the world, with 1.66K funded companies having collectively raised $10.6B in venture capital money and private equity. Overall 484 of these are Series A+ funded and the sector has seen the creation of 3 Unicorns.

Virtual Reality sector has seen 171 acquisitions and 64 IPOs.

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.

Companies included in Virtual Reality sector

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.

Companies excluded in Virtual Reality sector

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.

Key Metrics

Total Companies

6.4K

Top Companies

Oculus, Matterport & more

Total Funding

Funded Companies

Series A+ Companies

Series C+ Companies

Unicorns Created

IPOs

Acquisitions

171

Also known as

Immersive Reality or Simulated Reality

View complete details of this sector

The market map of Virtual Reality 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 Virtual Reality sector are Virtual Reality Studios, 3D Cameras and VR Social Experiences.

Recent BlueBox/Industry Definition image of Virtual Reality

Here are some reports related to Virtual Reality sector:

Free

Virtual Reality - Sector Report

Edition: September, 2026 (71 Pages)

Premium

Virtual Reality Investor Landscape

Edition: July, 2025 (12 Pages)

Premium

Virtual Reality Exit Landscape

Edition: June, 2026 (15 Pages)

View all reports related to Virtual Reality. Sign up today!

There are more than 6.4K companies in Virtual Reality. Oculus is the top Virtual Reality company globally, ranked using Tracxn Score (what's this?).

Here are 5 of the top Virtual Reality companies globally:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Oculus	Provider of VR-based head-mounted displays	Menlo Park (United States)	2012	Acquired	$107M
Matterport	Provider of 3D digital twin solutions for various industry applications	Sunnyvale (United States)	2011	Acquired	$163M
Meta	Developer of social media, messaging, and virtual reality technology platforms	Menlo Park (United States)	2004	Public	-
Improbable	Developer of venture building services for artificial intelligence and metaverse	London (United Kingdom)	2012	Series D	$937M
CCP Games	Developer of science fiction massively multiplayer online role-playing and strategy games	Reykjavik (Iceland)	1997	Acquired	$106M

Get a longer list of companies

Companies founded year-on-year in the Virtual Reality sector

22 new startups have been founded so far in 2026 in the Virtual Reality sector. 601 Virtual Reality startups 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
2026	22
2025	35
2024	52
2023	117
2022	232
2021	311
2020	406
2019	473
2018	518
2017	601

Companies founded across countries in the Virtual Reality sector

United States has 1,951 Virtual Reality startups, the most by any country, followed by United Kingdom which has 554 startups and India which has 392.

Total Number of Companies

Country	No. of companies
United States	1,951
United Kingdom	554
India	392
China	353
Germany	315
Canada	277
France	187
Australia	170
Netherlands	166
Spain	152

Stage-wise distribution of the Virtual Reality sector

Out of the total 6,396 Virtual Reality companies, 1,665 have secured funding. Among them, 484 have reached Series A or higher, and 316 to Series B or beyond.

Founded - 6,396

Funded - 1,665

Series A+ - 484

Series B+ - 316

Series C+ - 271

Company Stage	No. of companies
Founded	6,396
Funded	1,665
Series A+	484
Series B+	316
Series C+	271

Want to know more about Virtual Reality ? Signup and explore Tracxn for free

6.4K+ Total Companies
$10.6B+ Total Funding
1.7K+ Funded Companies
60+ IPOs
170+ Acquisitions
10+ Reports

Total funding year-on-year in the Virtual Reality sector

The Virtual Reality sector saw a total funding of more than $8.03B in the last 10 years. The most amount of funding was in 2022 at more than $1.83B. There has been a total funding of $179M in 2026 till date.

Total Funding

Year	Total Funding
2026	$179M
2025	$356M
2024	$453M
2023	$478M
2022	$1.83B
2021	$1.07B
2020	$567M
2019	$669M
2018	$1.07B
2017	$1.35B

Total funding across countries in the Virtual Reality sector

In the last 10 years, Virtual Reality startups in United States have recieved the highest funding among all countries - $3.1B. United Kingdom follows with $1.15B and China with $1.05B.

Total Funding

Country	Total Funding
United States	$3.1B
United Kingdom	$1.15B
China	$1.05B
Japan	$352M
Germany	$96.5M
India	$92.1M
France	$51.6M
Canada	$31M
Spain	$30.7M
Netherlands	$17M

Total funding amount raised by stage in the Virtual Reality sector

Over the last 10 years, the Virtual Reality sector have seen $774M into Seed Stage funding rounds, $3.58B into Early Stage funding rounds and $2.22B go into Late Stage funding rounds.

Funding Stage	Total Funding
Early Stage	$3.58B
Late Stage	$2.22B
Seed Stage	$774M
Grant	$172M
Debt	$97.9M
ICO	$73.2M
Post IPO	$52M

Recent Funding Rounds in Virtual Reality

In the year 2026, till September 2026, Virtual Reality companies have raised $179M in equity funding across 26 rounds. In the same period last year (i.e. till September 2025), Virtual Reality companies had raised $270M across 39 rounds. So, 2026 has seen a 33.76% drop in funding in Virtual Reality companies as compared to 2025.

Here are some recent, important funding rounds in Virtual Reality:

Company	Round Raised	Amount Raised	Funding Date	Investors
VRChat	Series D	2051	Sep 20, 2026	pixiv
Treble	Series A	4259	Sep 17, 2026	Paladin Capital and 3 more
BiPSEE	Series A	9706	Aug 17, 2026	Kyoto University Innovation Capital
OMMO	Series A	2178	Aug 13, 2026	Bayland Capital and 2 more
SeeTrue Technologies	Seed	8968	Aug 06, 2026	ZEISS and 4 more

See a more detailed list of funding rounds

Europa is the top investor in Virtual Reality companies based on number of companies invested.

Here are some top investors in Virtual Reality:

Investor	Location	Top Portfolio Companies
Europa	Belgium	CCP Games, Varjo, XRHealth and Immersion
HHS	Washington, DC (United States)	HaptX, Floreo, Rendever and AVATAR MEDICAL
Boost VC	San Mateo (United States)	FitXR, SideQuest, Decentraland and Virti
Vivex Vive	San Francisco (United States)	ObEN, LIV, bHaptics and SurrealVR
Techstars	New York City (United States)	Cosm, Tyffon, Occipital and Rad.

See a more detailed list of investors

In the year 2026, till August 2026, 4 acquisitions happened in Virtual Reality sector. Last year, in 2025, a total of 11 acquisitions happened in Virtual Reality sector.

Here are some recent, important acquisitions in Virtual Reality:

Company	Acquisition Type	Acquisition Date	Acquirers
Virtalis	Business Acquisition	Aug 19, 2026	Virtualware
Lynx	Business Acquisition	Jul 17, 2026	EssilorLuxottica
Catalyst	Business Acquisition	Apr 02, 2026	Themany
Stereolabs	Business Acquisition	Feb 09, 2026	Ouster
Ready Player Me	Business Acquisition	Dec 23, 2025	Netflix

See a more detailed list of acquisitions

Acquisition trends in Virtual Reality

Here are the acquisition trends in Virtual Reality:

Total Number of Acquisitions

Year	No. of companies
2026	4
2025	11
2024	11
2023	9
2022	20
2021	19
2020	21
2019	17
2018	17
2017	9

In the year 2026, till January 2026, 1 IPO happened in Virtual Reality sector.

Here are some recent, important IPOs in Virtual Reality:

Company	IPO Date	Exchange Symbol
Virtuix Omni	Jan 27, 2026	National Association of Securities Dealers Automated Quotations (NASDAQ)
Emdoor	Feb 14, 2023	Shenzhen Stock Exchange (SZSE)
Skonec Entertainment	Feb 04, 2022	Korea Exchange (KRX)
The Farm 51	May 07, 2021	Frankfurt Stock Exchange (FRA)
Singular Health	Feb 12, 2021	Australian Securities Exchange (ASX)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in the Virtual Reality sector

Most number of Virtual Reality startups have been founded by alumni from Stanford University, Harvard University and Massachusetts Institute of Technology.

College	No. of companies
Stanford University	29
Harvard University	25
Massachusetts Institute of Technology	24
Cornell University	19
University of Cambridge	19
University of California (Berkeley)	17
University of Pennsylvania	17
University of California (Los Angeles)	15
Carnegie Mellon University	13
University of Oxford	13

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

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

College	Total Funding
University of Cambridge	$1.06B
Imperial College London	$979M
Stanford University	$731M
Carnegie Mellon University	$365M
University of Bristol	$269M
Massachusetts Institute of Technology	$209M
Aalto University	$153M
University of Toronto	$112M
Columbia University	$105M
University of California (Berkeley)	$105M