The funding landscape in AR/VR has been defined by large rounds to the exceptionally well-funded Florida-based startup Magic Leap, which has raised nearly $1.4B in venture funding. After raising massive Series B ($542M) and Series C ($780M) rounds, the stealth AR company’s financings tend to distort industry funding trends.
To identify well-capitalized AR/VR startups that aren’t named Magic Leap, we used CB Insights data to see which companies are raising big financing rounds and building war chests to help build out the AR/VR ecosystem, which some theorize could become the next major computing platform.
Topping the list of big AR/VR rounds was Laguna Beach, California-based NextVR, which focuses on virtual reality broadcasts of live events. NextVR recently raised an $80M Series B round.
The next biggest deal went to Palo Alto-based cinematic VR platform Jaunt. The company raised a $65M Series C in September of 2015.
In third was UK-based Blippar, which produces a mobile AR visual search app. Blippar last raised a $54M Series D in March of 2016.
See the full list, ranked by largest single rounds, below:
|Rank||Company||Round||Date||Round Amount ($M)||Select Company Investors||Total Funding ($M)|
|1||NextVR||Series B||7/1/2016||80||Comcast Ventures, Madison Square Garden, RSE Ventures, Time Warner Investments||111|
|2||Jaunt||Series C||9/21/2015||65||Google Ventures, Highland Capital Partners, Redpoint Ventures, Rothenberg Ventures, Sky, SV Angel||100|
|3||Blippar||Series D||3/2/2016||54||Barclays Bank, Khazanah Nasional Berhad, Lansdowne Partners, Qualcomm Ventures||99|
|4||Meta||Series B||6/13/2016||50||Alexis Ohanian, Fenox Venture Capital, Tencent, Tim Draper||73|
|5||ANTVR||Series B||12/30/2015||46||Gosuncn Technology Group, Kickstarter, Kunlun Worldwide, Sequoia Capital China||47|
|6||Movidius||Series E||4/14/2015||40||Capital-E, Celtic House Venture Partners, Dublin Business Innovation Centre, Emertec Gestion||87|
|7||Baofeng Mojing||Series B||1/21/2016||34||Green Pine Capital Partners, Huayi Brothers||44|
|8||CCP Games||Unattributed VC||11/12/2015||30||General Catalyst Partners, New Enterprise Associates, Novator||50|
|9||Matterport||Series C||6/25/2015||30||Felicis Ventures, Greylock Partners, Qualcomm Ventures, Rothenberg Ventures||58|
|10||Leap Motion||Series B||1/3/2013||30||Andreessen Horowitz, Founders Fund, SOSventures||44|
|11||WEVR||Series C||2/5/2016||25||HTC, DG Incubation, Mission Ventures, Scott Yara||46|
|15||The Virtual Reality Company||Series A||6/11/2016||23||Elementum Ventures, Hengxin Technology, Rothenberg Ventures||25|
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