How many total Virtual Reality companies are there?

As of Apr 2026, there are 4,194 active companies in Virtual Reality sector.

Which countries have the most Virtual Reality companies?

United States (1,870) has the highest number of Virtual Reality companies, followed by United Kingdom (507) and India (375).

How many Virtual Reality companies are funded?

As of Apr 2026, 1,644 companies in this sector have received funding.

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

As of Apr 2026, Improbable has secured $932M 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 $3.13B 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 $4.89B 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 6.03K companies in the Virtual Reality sector across the world, with 1.64K funded companies having collectively raised $10.5B in venture capital money and private equity. Overall 479 of these are Series A+ funded and the sector has seen the creation of 3 Unicorns.

Virtual Reality sector has seen 167 acquisitions and 65 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

6.03K

Top Companies

Oculus, Matterport & more

Total Funding

Funded Companies

Series A+ Companies

Series C+ Companies

Unicorns Created

IPOs

Acquisitions

167

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: August, 2025 (80 Pages)

Premium

Virtual Reality Investor Landscape

Edition: July, 2025 (12 Pages)

Premium

Virtual Reality Exit Landscape

Edition: August, 2025 (15 Pages)

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

There are more than 6.03K 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	-
CCP Games	Developer of science fiction massively multiplayer online role-playing and strategy games	Reykjavik (Iceland)	1997	Acquired	$106M
Resolution Games	VR gaming development studio	Stockholm (Sweden)	2015	Series C	$38.5M

Get a longer list of companies

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

1 new startup has been founded so far in 2026 in the Virtual Reality sector. 585 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	1
2025	7
2024	31
2023	94
2022	219
2021	300
2020	391
2019	461
2018	504
2017	585

Companies founded across countries in the Virtual Reality sector

United States has 1,870 Virtual Reality startups, the most by any country, followed by United Kingdom which has 507 startups and India which has 375.

Total Number of Companies

Country	No. of companies
United States	1,870
United Kingdom	507
India	375
China	336
Germany	299
Canada	270
France	177
Australia	164
Netherlands	160
Spain	146

Stage-wise distribution of the Virtual Reality sector

Out of the total 6,029 Virtual Reality companies, 1,644 have secured funding. Among them, 479 have reached Series A or higher, and 314 to Series B or beyond.

Founded - 6,029

Funded - 1,644

Series A+ - 479

Series B+ - 314

Series C+ - 269

Company Stage	No. of companies
Founded	6,029
Funded	1,644
Series A+	479
Series B+	314
Series C+	269

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

6K+ Total Companies
$10.5B+ Total Funding
1.6K+ Funded Companies
60+ IPOs
165+ Acquisitions
10+ Reports

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

The Virtual Reality sector saw a total funding of more than $7.8B 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 $38.5M in 2026 till date.

Total Funding

Year	Total Funding
2026	$38.5M
2025	$239M
2024	$451M
2023	$478M
2022	$1.83B
2021	$1.08B
2020	$572M
2019	$687M
2018	$1.07B
2017	$1.36B

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 - $3.13B. United Kingdom follows with $1.59B and China with $1.08B.

Total Funding

Country	Total Funding
United States	$3.13B
United Kingdom	$1.59B
China	$1.08B
Japan	$339M
India	$135M
Germany	$99.4M
France	$52.4M
Canada	$43.7M
Spain	$30.8M
Netherlands	$18.2M

Total funding amount raised by stage in the Virtual Reality sector

Over the last 10 years, the Virtual Reality sector have seen $816M into Seed Stage funding rounds, $3.69B into Early Stage funding rounds and $2.72B go into Late Stage funding rounds.

Funding Stage	Total Funding
Early Stage	$3.69B
Late Stage	$2.72B
Seed Stage	$816M
Grant	$164M
ICO	$100M
Debt	$92.7M
Post IPO	$55M
PE	$6.5M

Recent Funding Rounds in Virtual Reality

In the year 2026, till March 2026, Virtual Reality companies have raised $35.3M in equity funding across 7 rounds. In the same period last year (i.e. till March 2025), Virtual Reality companies had raised $114M across 14 rounds. So, 2026 has seen a 69.03% 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
Giraffe360	Series B	6326	Mar 26, 2026	Cipio Partners and 4 more
Oxford Medical Simulation	Series A	5499	Mar 16, 2026	Salica Investments
Ctruh	Angel	9676	Mar 12, 2026	Anupam Mittal and 1 more
Hadean	Series A	5720	Mar 11, 2026	Booz Allen Hamilton and 3 more
Training All People	Seed	2088	Feb 12, 2026	Stand Together Ventures Lab and 3 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, Ultraleap and XRHealth
HHS	Washington, DC (United States)	HaptX, Rendever, EON Reality and Floreo
Boost VC	San Mateo (United States)	Decentraland, FitXR, Arthur and YUR
Vivex Vive	San Francisco (United States)	ObEN, bHaptics, LIV and SurrealVR
Techstars	New York City (United States)	Obsess, Tyffon, Cosm and Rad.

See a more detailed list of investors

In the year 2026, till February 2026, 1 acquisition 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
Stereolabs	Business Acquisition	Feb 09, 2026	Ouster
Ready Player Me	Business Acquisition	Dec 23, 2025	Netflix
Ultraleap	Business Acquisition	Nov 11, 2025	ROLI
VRPharma	Business Acquisition	Sep 10, 2025	Oroi
ReadySet	Business Acquisition	Sep 09, 2025	One Door

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	1
2025	11
2024	11
2023	8
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)
zSpace	Dec 06, 2024	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)

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, Massachusetts Institute of Technology and Cornell University.

College	No. of companies
Stanford University	40
Massachusetts Institute of Technology	31
Cornell University	24
Harvard University	24
University of Cambridge	22
University of Pennsylvania	18
Carnegie Mellon University	16
University of California (Berkeley)	16
University of Oxford	15
Columbia University	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	$1.24B
Imperial College London	$934M
Stanford University	$724M
University of Bristol	$311M
Massachusetts Institute of Technology	$193M
University of Oxford	$167M
Aalto University	$153M
Duke University	$112M
Columbia University	$109M
University of Edinburgh	$106M