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Augmented Reality

26 of the Most Successful Augmented Reality Startups

If you're building an Augmented Reality startup, you must check this list of the 26 most successful ones.

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Have you ever wondered who is on the list of Augmented Reality startups with the highest growth rates?

You’re not alone.

There are hundreds of companies in this space, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 26 fast-growing Augmented Reality startups that have top-tier venture capital funding.


26 Augmented Reality Startups

1) Oculus

1) Oculus

Oculus, which makes the Rift, creates virtual reality systems and technologies that allow users to experience anything with anybody.

Details of the startup:

  • Country: United States
  • City: Menlo Park
  • Started in: 2012
  • Founders: Brendan Iribe, Jack McCauley, Maxwell Planck, Michael Antonov, Mike LeBeau, Nate Mitchell, Palmer Luckey
  • Number of employees: 501-1000
  • Funding amount: $98,387,429
  • Number of funding rounds: 5
  • Number of investors: 10

You can find their website here.

2) Niantic

2) Niantic

Niantic develops augmented reality platforms for current and future AR hardware generations.

Details of the startup:

  • Country: United States
  • City: San Francisco
  • Started in: 2010
  • Founders: John Hanke, Phil Keslin
  • Number of employees: 101-250
  • Funding amount: $470,000,000
  • Number of funding rounds: 4
  • Number of investors: 20

You can find their website here.

3) Magic Leap

3) Magic Leap

Magic Leap is a wearable technology developed by Magic Leap that allows users to interact with digital gadgets in a purely visual cinematic manner.

Details of the startup:

  • Country: United States
  • City: Plantation
  • Started in: 2010
  • Founders: Brian Schowengerdt, Rony Abovitz
  • Number of employees: 1001-5000
  • Funding amount: $2,978,500,000
  • Number of funding rounds: 10
  • Number of investors: 27

You can find their website here.

4) The Wild

4) The Wild

The Wild is a virtual and augmented reality-based immersive collaboration platform that helps architecture, design, and enterprise teams save time and make better decisions by allowing them to experience their work together in a shared virtual area.

Details of the startup:

  • Country: United States
  • City: Portland
  • Started in: 2017
  • Founders: Gabe Paez
  • Number of employees: 11-50
  • Funding amount: $3,125,000
  • Number of funding rounds: 4
  • Number of investors: 6

You can find their website here.

5) Play Shifu

5) Play Shifu

PlayShifu is an EdTech company that provides teaching and learning tools for kids aged 4 to 12.

Details of the startup:

  • Country: India
  • City: Bengaluru
  • Started in: 2016
  • Founders: Dinesh Advani, Vivek Goyal
  • Number of employees: 51-100
  • Funding amount: $28,438,340
  • Number of funding rounds: 5
  • Number of investors: 10

You can find their website here.

6) RED 6

6) RED 6

ATARS is a system developed by RED 6 that allows real pilots in real planes to fly and visually maneuver against any synthetically generated enemy in real time.

Details of the startup:

  • Country: United States
  • City: Santa Monica
  • Started in: 2018
  • Founders: Nick Bicanic
  • Number of employees: 11-50
  • Funding amount: $40,850,000
  • Number of funding rounds: 5
  • Number of investors: 10

You can find their website here.

7) Rec Room

7) Rec Room

Rec Room is a virtual world where you may play and create games with your friends.

Details of the startup:

  • Country: United States
  • City: Seattle
  • Started in: 2016
  • Founders: Bilal Orhan, Cameron Brown, Dan Kroymann, John Bevis, Josh Wehrly, Nick Fajt
  • Number of employees: 101-250
  • Funding amount: $149,000,000
  • Number of funding rounds: 7
  • Number of investors: 10

You can find their website here.

8) Avataar.Me

8) Avataar.Me

Avataar.Me is a high-tech provider of AR and VR services that are utilized to turn 2D design materials into 3D social media campaigns.

Details of the startup:

  • Country: India
  • City: Bengaluru
  • Started in: 2016
  • Founders: Gaurav Baid, Mayank Tiwari, Prashanth Aluru, Sravanth Aluru
  • Number of employees: 51-100
  • Funding amount: $7,000,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

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9) Specular Theory, Inc.

9) Specular Theory, Inc.

Award-winning virtual reality, augmented reality, and artificial intelligence (VR/AR/AI) training applications for the defense and commercial sectors. A Phase III SBIR firm. The company is based in Los Angeles, California.

Details of the startup:

  • Country: United States
  • City: Venice
  • Started in: 2013
  • Founders: Morris May, Ryan Pulliam
  • Number of employees: 1-10
  • Funding amount: $5,700,000
  • Number of funding rounds: 2
  • Number of investors: 1

You can find their website here.

10) CLO Virtual Fashion

10) CLO Virtual Fashion

CLO Virtual Fashion creates lifelike 3D garment simulation technology for the fashion, film, and gaming sectors.

Details of the startup:

  • Country: South Korea
  • City: Seoul
  • Started in: 2009
  • Founders: Jaden Oh, JH Boo
  • Number of employees: 101-250
  • Funding amount: ₩6,000,000,000
  • Number of funding rounds: 2
  • Number of investors: 4

You can find their website here.

11) Heru

11) Heru

Heru creates unique AI-powered vision diagnostics and augmentation software that can be used with commercially accessible AR/VR devices.

Details of the startup:

  • Country: United States
  • City: Miami
  • Started in: 2018
  • Number of employees: 11-50
  • Funding amount: $32,700,000
  • Number of funding rounds: 2
  • Number of investors: 5

You can find their website here.

12) Second Spectrum

12) Second Spectrum

Second Spectrum is working on a game machine learning software that will use artificial intelligence to change sports.

Details of the startup:

  • Country: United States
  • City: Los Angeles
  • Started in: 2013
  • Founders: Jeff Su, Rajiv Maheswaran, Yu-Han Chang
  • Number of employees: 51-100
  • Funding amount: $20,099,998
  • Number of funding rounds: 4
  • Number of investors: 4

You can find their website here.

13) Nreal

13) Nreal

Nreal is a company that creates mixed reality glasses that are ready to wear.

Details of the startup:

  • Country: China
  • City: Beijing
  • Started in: 2017
  • Founders: Bing Xiao, Chi Xu
  • Number of employees: 51-100
  • Funding amount: $71,000,000
  • Number of funding rounds: 5
  • Number of investors: 12

You can find their website here.

14) UX3D

14) UX3D

In 3D, UX3D offers GPU-based products and solutions for disruptive technologies such as AI, XR, and eCommerce.

Details of the startup:

  • Country: Germany
  • City: Munich
  • Started in: 2017
  • Founders: Norbert Nopper, Thomas Kress
  • Number of employees: 11-50
  • Funding amount: € 990,000
  • Number of funding rounds: 4
  • Number of investors: 1

You can find their website here.

15) CGTrader

15) CGTrader

CGTrader is the world's leading provider of high-quality 3D content for e-commerce, gaming, virtual reality, entertainment, and 3D printing.

Details of the startup:

  • Country: Lithuania
  • City: Vilnius
  • Started in: 2012
  • Founders: Dalia Lasaite, Marius Kalytis
  • Number of employees: 51-100
  • Funding amount: $12,112,321
  • Number of funding rounds: 4
  • Number of investors: 5

You can find their website here.

16) Rokid

16) Rokid

Rokid is a cutting-edge technology firm that focuses on robotics research and AI development.

Details of the startup:

  • Country: China
  • City: Hangzhou
  • Started in: 2014
  • Founders: Eric Wong, Mingming Zhu
  • Number of employees: 251-500
  • Funding amount: $158,300,000
  • Number of funding rounds: 4
  • Number of investors: 9

You can find their website here.

17) bdeo

17) bdeo

Bdeo is a visual intelligence company that aims to alter the way people interact with insurance companies.

Details of the startup:

  • Country: Spain
  • City: Madrid
  • Started in: 2017
  • Founders: Julio Pernía Aznar , Manuel Moreno
  • Number of employees: 11-50
  • Funding amount: € 6,300,000
  • Number of funding rounds: 5
  • Number of investors: 6

You can find their website here.

18) MapsPeople

18) MapsPeople

MapsPeople creates a cloud-based SaaS indoor navigation software that enables users to navigate huge, complicated buildings with ease.

Details of the startup:

  • Country: Denmark
  • City: Nørresundby
  • Started in: 1997
  • Founders: Michael Gram
  • Number of employees: 101-250
  • Funding amount: DKK53,000,000
  • Number of funding rounds: 2
  • Number of investors: 3

You can find their website here.

19) JigSpace

19) JigSpace

Clients can use JigSpace to make and share dynamic spatial presentations.

Details of the startup:

  • Country: Australia
  • City: Melbourne
  • Started in: 2015
  • Founders: Numa Bertron, Sam Duff, Zac Duff
  • Number of employees: 11-50
  • Funding amount: $1,401,000
  • Number of funding rounds: 3
  • Number of investors: 5

You can find their website here.

20) Adverty

20) Adverty

Adverty is a cutting-edge advertising platform.

Details of the startup:

  • Country: Sweden
  • City: Stockholm
  • Started in: 2016
  • Founders: Niklas Bakos
  • Number of employees: 11-50
  • Funding amount: $3,767,824
  • Number of funding rounds: 3
  • Number of investors: 3

You can find their website here.

21) Resolution Games

21) Resolution Games

Resolution Games is a virtual reality and augmented reality game development company.

Details of the startup:

  • Country: Sweden
  • City: Stockholm
  • Started in: 2015
  • Founders: Martin Vilcans, Måns Ullerstam, Paul Brady, Tommy Palm
  • Number of employees: 51-100
  • Funding amount: $13,500,000
  • Number of funding rounds: 2
  • Number of investors: 11

You can find their website here.

22) DataMesh

22) DataMesh

XR platform + Digital Twin

Details of the startup:

  • Country: China
  • City: Beijing
  • Started in: 2014
  • Founders: Jie Li
  • Number of employees: 51-100
  • Funding amount: $3,095,574
  • Number of funding rounds: 4
  • Number of investors: 2

You can find their website here.

23) DGene

23) DGene

DGene is a provider of virtual reality solutions.

Details of the startup:

  • Country: China
  • City: Shanghai
  • Started in: 2016
  • Founders: Jason Yang, Jingyi Yu, Xu Hong, Yi Ma
  • Number of employees: 51-100
  • Funding amount: $21,326,887
  • Number of funding rounds: 4
  • Number of investors: 6

You can find their website here.

24) 51WORLD

24) 51WORLD

Infrastructure provider for digital twins

Details of the startup:

  • Country: China
  • City: Beijing
  • Started in: 2015
  • Founders: Archer Li, Oscar Xue, Yi Li
  • Number of employees: 251-500
  • Funding amount: $45,000,000
  • Number of funding rounds: 3
  • Number of investors: 9

You can find their website here.

25) Pimax VR

25) Pimax VR

Pimax designs and manufactures VR headsets in 4K and 8K resolutions.

Details of the startup:

  • Country: China
  • City: Shanghai
  • Started in: 2015
  • Founders: Robin Weng, Veni Tang
  • Number of employees: 51-100
  • Funding amount: $19,236,618
  • Number of funding rounds: 2
  • Number of investors: 2

You can find their website here.

26) HiScene

26) HiScene

HiScene is a company that focuses on studying and creating fundamental augmented reality technology and solutions.

Details of the startup:

  • Country: China
  • City: Shanghai
  • Started in: 2012
  • Founders: Chunyuan Liao
  • Number of employees: 1-10
  • Funding amount: $67,596,276
  • Number of funding rounds: 6
  • Number of investors: 12

You can find their website here.

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