Magic Leap’s massive Series B drove Q4’14 funding to an all-time high of $623M. Putting aside that single $542M outlier round, augmented and virtual reality startups have seen five straight quarters of funding growth
Q3’15 saw an increase in both deals and funding, reaching the second-highest funding tally of all-time at $166M, and just the second quarter ever of 20 or more deals.
Those deals were just a few of the now more than 10 financings over $10M in the first three quarters of 2015. That said, most deals in AR and VR are still happening at the early stage.
Active VCs in AR/VR
Rothenberg Ventures, Google Ventures, and Intel Capital have been the most active VCs in AR/VR since 2012 on a unique company basis. Rothenberg’s investments include AltspaceVR, Matterport, and EmergentVR, among others. Rothenberg Ventures also operates the River program, which originally was focused on AR/VR startups, but has now expanded to frontier tech overall.
Feature image credit: Maurizio Pesce // Flickr