How many total Virtual Reality Studios companies are there?

As of Oct 2026, there are 519 active companies in Virtual Reality Studios sector.

Which countries have the most Virtual Reality Studios companies?

United States (236) has the highest number of Virtual Reality Studios companies, followed by United Kingdom (79) and Canada (43).

How many Virtual Reality Studios companies are funded?

As of Oct 2026, 183 companies in this sector have received funding.

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

As of Oct 2026, Survios has secured $70.9M in funding, making it the highest-funded company in the Virtual Reality Studios sector.

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

With $158M in total funding, United States has attracted the most investment among Virtual Reality Studios companies.

Who are the top investors in Virtual Reality Studios companies?

The top investors in Virtual Reality Studios companies by number of investments are Europa, Sisu and Colopl Next

How much venture capital has Virtual Reality Studios sector attracted?

In the last 10 years, venture capital firms have invested $261M in this sector.

Virtual Reality Studios - 2026 Market & Investments Trends

The Virtual Reality Studios comprises 724 companies, including 183 funded companies having collectively raised $824M in venture capital money and private equity. Out of these, 63 are Series A+ funded.

Virtual Reality Studios sector has seen 27 acquisitions and 12 IPOs. This represents almost 5.4% of all such companies - which is higher than the 4.0% exit rate of tech companies in general.

This sector includes companies providing tech solutions in Vietnam.

Virtual Reality Studios sector is also known as Virtual Reality Studios Solutions, Advanced Virtual Reality Studios or Digital Virtual Reality Studios.

Companies included in Virtual Reality Studios

Companies providing tech solutions in Vietnam

Companies excluded in Virtual Reality Studios

Excludes standalone physical movie production houses or standard 2D animation agencies without interactive spatial engineering, companies developing pure augmented reality (AR) commerce plugins without 3D head-mounted display (HMD) support, hardware-only VR headset manufacturers (like Meta Quest or HTC Vive), and general video game studios lacking immersive spatial simulation environments.

Key Metrics

Total Companies

724

Top Companies

CCP Games, Resolution Games & more

Total Funding

$824M

Funded Companies

183

Series A+ Companies

Series C+ Companies

IPOs

Acquisitions

Also known as

Virtual Reality Studios Solutions or Advanced Virtual Reality Studios

View complete details of this sector

There are more than 724 companies in Virtual Reality Studios. CCP Games is the top Virtual Reality Studios company globally, ranked using Tracxn Score (what's this?).

Here are 5 of the top Virtual Reality Studios companies globally:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
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
Survios	Developer of games and applications for virtual reality devices	Los Angeles (United States)	2013	Series C	$70.9M
Guerrilla Games	Game development studio based in the Netherlands	Amsterdam (Netherlands)	2000	Acquired	-
Spellbook	Independent video game development studio	Springfield (United States)	2001	Acquired	$50M

Get a longer list of companies

Companies founded year-on-year in Virtual Reality Studios

33 Virtual Reality Studios 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	-
2025	-
2024	3
2023	4
2022	19
2021	21
2020	12
2019	11
2018	17
2017	33

Companies founded across countries in Virtual Reality Studios

United States has 236 Virtual Reality Studios startups, the most by any country, followed by United Kingdom which has 79 startups and Canada which has 43.

Total Number of Companies

Country	No. of companies
United States	236
United Kingdom	79
Canada	43
China	32
Netherlands	29
India	26
Spain	26
Germany	26
France	23
South Korea	18

Stage-wise distribution of Virtual Reality Studios

Out of the total 724 Virtual Reality Studios companies, 183 have secured funding. Among them, 63 have reached Series A or higher, and 48 to Series B or beyond.

Founded - 724

Funded - 183

Series A+ - 63

Series B+ - 48

Series C+ - 41

Company Stage	No. of companies
Founded	724
Funded	183
Series A+	63
Series B+	48
Series C+	41

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720+ Total Companies
$824M+ Total Funding
180+ Funded Companies
10+ IPOs
25+ Acquisitions

Total funding year-on-year in Virtual Reality Studios

Virtual Reality Studios saw a total funding of more than $563M in the last 10 years. The most amount of funding was in 2016 at more than $101M.

Total Funding

Year	Total Funding
2025	$59M
2024	$7.4M
2023	$58.1M
2022	$72.1M
2021	$76.7M
2020	$34.7M
2019	$33.1M
2018	$52.3M
2017	$68.5M

Total funding across countries in Virtual Reality Studios

In the last 10 years, Virtual Reality Studios startups in United States have recieved the highest funding among all countries - $158M. United Kingdom follows with $63.1M and Sweden with $42.5M.

Total Funding

Country	Total Funding
United States	$158M
United Kingdom	$63.1M
Sweden	$42.5M
Iceland	$41M
Germany	$18.3M
India	$15.3M
South Korea	$10.6M
Canada	$500K
Poland	$278K
China	-

Total funding amount raised by stage in Virtual Reality Studios

Over the last 10 years, Virtual Reality Studios have seen $59.5M into Seed Stage funding rounds, $244M into Early Stage funding rounds and $81.7M go into Late Stage funding rounds.

Funding Stage	Total Funding
Early Stage	$244M
Late Stage	$81.7M
Seed Stage	$59.5M
ICO	$6M
Grant	$2.76M
Debt	$517K

Recent Funding Rounds in Virtual Reality Studios

In the year 2025, till October 2025, Virtual Reality Studios companies have raised $59M in equity funding across 3 rounds. In the same period last year (i.e. till May 2024), Virtual Reality Studios companies had raised $7.15M across 2 rounds. So, 2025 has seen a 725.76% rise in funding in Virtual Reality Studios companies as compared to 2024.

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

Company	Round Raised	Amount Raised	Funding Date	Investors
Spellbook	Series B	1011	Oct 09, 2025	Threshold and 6 more
Aircards	Series A	6850	Aug 21, 2025	Foresight Group
Polyarc Games	Series B	6100	May 30, 2025	-
Holoride	Series B	2919	Dec 18, 2024	Fuel Ventures
5th Scape	Seed	4551	May 24, 2024	-

See a more detailed list of funding rounds

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

Here are some top investors in Virtual Reality Studios:

Investor	Location	Top Portfolio Companies
Europa	Belgium	CCP Games, Wenkly Studio, Gamedust and Innerspace
Sisu	Helsinki (Finland)	Resolution Games, Solfar Studios, Utopos Games and HatRabbit
Colopl Next	Minato City (Japan)	Resolution Games, Polyarc Games, Owlchemy Labs and Rogue Initiative
Vivex Vive	San Francisco (United States)	7D-Vision, Mixed Realms, Wewod and Cloudgate
Boost VC	San Mateo (United States)	RalphVR, AstroBeam, Kite & Lightning and Pixel Ripped

See a more detailed list of investors

In the year 2025, till April 2025, 1 acquisition happened in Virtual Reality Studios.

Here are some recent, important acquisitions in Virtual Reality Studios:

Company	Acquisition Type	Acquisition Date	Acquirers
Spellbook	Business Acquisition	Apr 23, 2025	Zelgor
nDreams	Business Acquisition	Nov 20, 2023	Aonic
Leap gaming	Business Acquisition	Dec 07, 2022	Imgarena
Supermassive Games	Business Acquisition	Jul 12, 2022	Nordisk Games
Metagame Studio	Acqui-Hired	Apr 08, 2022	Fortisgames

See a more detailed list of acquisitions

Acquisition trends in Virtual Reality Studios

Here are the acquisition trends in Virtual Reality Studios:

Total Number of Acquisitions

Year	No. of companies
2026	-
2025	1
2024	-
2023	1
2022	5
2021	4
2020	6
2019	3
2018	1
2017	2

In the year 2022, till February 2022, 1 IPO happened in Virtual Reality Studios.

Here are some recent, important IPOs in Virtual Reality Studios:

Company	IPO Date	Exchange Symbol
Skonec Entertainment	Feb 04, 2022	Korea Exchange (KRX)
The Farm 51	May 07, 2021	Frankfurt Stock Exchange (FRA)
Dragonfly	Nov 10, 1997	Korea Exchange (KRX)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in Virtual Reality Studios

Most number of Virtual Reality Studios startups have been founded by alumni from University of California (Los Angeles), Carnegie Mellon University and Cornell University.

College	No. of companies
University of California (Los Angeles)	6
Carnegie Mellon University	2
Cornell University	2
Harvard University	2
IIT Bombay	2
New York University	2
University of California (Berkeley)	2
University of Oxford	2
University of Toronto	2
Columbia University	1

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

In the last 10 years, Columbia University and Stanford University graduates' Virtual Reality Studios companies have raised the most funding among top colleges, and University of California (Los Angeles) alumni are third.

College	Total Funding
Columbia University	$100M
Stanford University	$100M
University of California (Los Angeles)	$52.6M
Utrecht University	$52.6M
University of Toronto	$20M
Harvard Business School	$18.7M
Harvard University	$18.7M
University of California (Berkeley)	$18.7M
IIT Delhi	$13.5M
IIT Madras	$7.15M