# Series B VR & AR investors (2026 list) > 21 series B VR & AR investors, 100% active in the last 12 months. Led by Sequoia Capital, National Science Foundation, New Enterprise Associates. Source: https://millionrounds.com/lists/series-b-vr-investors (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Series B VR & AR investors Updated 7 November 2026 Firms we have watched take part in a Series B round raised by a VR & AR company in the last two years. Both the stage and the sector are what they did, not what their website says. [See all 21 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fseries-b-vr-investors)The top 21 **21** investors on the list No change this week **1,042** cheques in 12 months *-3%* against the market **$25M** median round they joined *+216%* against the market median **100%** wrote a cheque in 12 months **62%** have led a round ## The Top 21 Ordered by cheques observed, never by anything anyone paid for Deploying now (21) - 1 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen - 2 [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) *Deploying now* Government · United States **1,869** **$926K** median round **Sept 2026** last seen - 3 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) *Deploying now* VC firm · United States **1,610** **$34M** median round **Oct 2026** last seen - 4 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen - 5 [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) *Deploying now* VC firm · United States **740** **$37M** median round **Oct 2026** last seen - 6 [IDG Capital](https://millionrounds.com/fund/idg-capital) *Deploying now* Private equity · China **504** **$25M** median round **Oct 2026** last seen - 7 [8VC](https://millionrounds.com/fund/8vc) *Deploying now* VC firm · United States **497** **$23M** median round **Oct 2026** last seen - 8 [QED Investors](https://millionrounds.com/fund/qed-investors) *Deploying now* VC firm · United States **314** **$29M** median round **Oct 2026** last seen - 9 [Vertex Ventures](https://millionrounds.com/fund/vertex-ventures) *Deploying now* VC firm · Mexico **267** **$15M** median round **Sept 2026** last seen - 10 [TCV](https://millionrounds.com/fund/tcv) *Deploying now* Private equity · United States **200** **$100M** median round **Oct 2026** last seen - 11 [Vertex Ventures China](https://millionrounds.com/fund/vertex-ventures-china) *Deploying now* VC firm · China **188** **$18M** median round **Oct 2026** last seen - 12 [RTP Global](https://millionrounds.com/fund/rtp-global) *Deploying now* VC firm · United States **183** **$10M** median round **Sept 2026** last seen - 13 [9Unicorns](https://millionrounds.com/fund/9unicorns) *Deploying now* VC firm · India **91** **$4.4M** median round **Oct 2026** last seen - 14 [Declaration Partners](https://millionrounds.com/fund/declaration-partners) *Deploying now* Family office · United States **90** **$25M** median round **Oct 2026** last seen - 15 [FreeS Fund](https://millionrounds.com/fund/frees-fund) *Deploying now* VC firm · China **89** **$10M** median round **Sept 2026** last seen - 16 [Fusion Fund](https://millionrounds.com/fund/fusion-fund-2) *Deploying now* VC firm **87** **$10M** median round **Sept 2026** last seen - 17 [Olivier Pomel](https://millionrounds.com/fund/olivier-pomel) *Deploying now* VC firm **16** **$23M** median round **Oct 2026** last seen - 18 [Australian Gulf Capital](https://millionrounds.com/fund/australian-gulf-capital) *Deploying now* VC firm · Australia **2** **$140M** median round **Nov 2026** last seen - 19 [Dovetail](https://millionrounds.com/fund/dovetail) *Deploying now* VC firm · Norway **2** **$27M** median round **Sept 2026** last seen - 20 [Martin Chavez](https://millionrounds.com/fund/martin-chavez) *Deploying now* Angel **1** **$40M** median round **Sept 2026** last seen - 21 [Shah Rukh Khan's family office](https://millionrounds.com/fund/shah-rukh-khan-s-family-office) *Deploying now* Family office **1** **$40M** median round **Sept 2026** last seen ## The Newest Cheques Rounds this list's investors joined most recently - **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *With* [Australian Gulf Capital](https://millionrounds.com/fund/australian-gulf-capital) - **3** Nov **[Traversal](https://millionrounds.com/company/traversal)** Series B · $120M *Led by* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) - **3** Nov **[Trajectory](https://millionrounds.com/company/trajectory)** Series A · $45M *Led by* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) - **31** Oct **[OpenAI](https://millionrounds.com/company/openai)** Other · $20B *With* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) - **31** Oct **[OpenAI](https://millionrounds.com/company/openai)** Other · $11B *With* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) - **31** Oct **[upliance.ai](https://millionrounds.com/company/upliance-ai)** Series A *With* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) ## Stages This Year 940 rounds - Venture **19%** - Series A **18%** - Series B **13%** - Seed **12%** - Series C **7%** - Other **30%** ## What They Backed Sectors, last 12 months - AI **452** - Biotech **90** - Healthcare **68** - Fintech **66** - Big Data & Analytics **48** - Robotics **48** ## Cheques by Quarter Led Joined 238 Q1 25 301 Q2 25 315 Q3 25 334 Q4 25 323 Q1 26 229 Q2 26 283 Q3 26 74 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Seed AI investors 2,922](https://millionrounds.com/lists/seed-ai-investors) - [Series A AI investors 2,490](https://millionrounds.com/lists/series-a-ai-investors) - [Series B AI investors 1,557](https://millionrounds.com/lists/series-b-ai-investors) - [Pre-seed AI investors 1,286](https://millionrounds.com/lists/pre-seed-ai-investors) - [Growth AI investors 1,186](https://millionrounds.com/lists/growth-ai-investors) - [Series A fintech investors 950](https://millionrounds.com/lists/series-a-fintech-investors) - [Series C AI investors 930](https://millionrounds.com/lists/series-c-ai-investors) - [Seed fintech investors 925](https://millionrounds.com/lists/seed-fintech-investors) - [Series A biotech investors 650](https://millionrounds.com/lists/series-a-biotech-investors) [All investor lists *→*](https://millionrounds.com/lists) ## Reading for founders at Series B and scaling - Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies Reid Hoffman · 2018 3.95 from 7,118 ratings on Goodreads Scaling and operations Leading and managing Moats and competition About the book Foreword by Bill Gates LinkedIn cofounder, legendary investor, and host of the award-winning Masters of Scale podcast reveals the secret to starting and scaling massively valuable companies. What entrepreneur or founder doesn’t aspire to build the next Amazon, Facebook, or… On AmazonListen on Audible - One Page Talent Management: Eliminating Complexity, Adding Value Marc Effron · 2010 4.00 from 311 ratings on Goodreads Leading and managing Hiring and culture Scaling and operations About the book A Revolutionary Approach to Talent Management You know that winning in today’s marketplace requires top quality talent. You also know what it takes to build that talent, and you spend significant financial and human resources to make it happen. Yet somehow, your company’s… On AmazonListen on Audible - The Culture Code: The Secrets of Highly Successful Groups Daniel Coyle · 2017 4.24 from 37,412 ratings on Goodreads Hiring and culture Leading and managing About the book What do Pixar, Google and the San Antonio Spurs basketball team have in common?The answer is that they all owe their extraordinary success to their team-building skills. In The Culture Code, Daniel Coyle goes inside some of the most effective organisations in the world and… On AmazonListen on Audible - Scaling Up: How a Few Companies Make It...and Why the Rest Don't Verne Harnish · 2014 4.16 from 6,229 ratings on Goodreads Scaling and operations Leading and managing About the book Winner of the 2015 International Book Awards for General Business Winner of the 2015 National Indie Excellence Award for General Business Winner of the 2015 Readers' Favorite International Book Award Gold Medal for Non-Fiction Business Winner of the 2015 Paris Book… On AmazonListen on Audible More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&stage=scaling). As an Amazon Associate we earn from qualifying purchases. ## Quick answers about series B VR & AR investors ### Who are the most active series B VR & AR investors? By cheques observed, the most active are Sequoia Capital, National Science Foundation, New Enterprise Associates, Khosla Ventures and Menlo Ventures. ### How many series B VR & AR investors are there? 21 are on record. 100% made an investment in the last 12 months and 62% have led a round. ### Which stages do series B VR & AR investors back? Of the rounds with a named stage in the last 12 months, mostly Series A (26%) and Series B (18%). ### How big are the rounds series B VR & AR investors join? The typical (median) round among the leading investors here is $25M. ### Which sectors do series B VR & AR investors back most? In the last 12 months, mostly AI, Biotech and Healthcare. ### Which series B VR & AR investors lead the most rounds? Sequoia Capital (91 led), New Enterprise Associates (73 led) and Khosla Ventures (57 led). ### Where are series B VR & AR investors based? Among the most active, most are based in the United States (10), China (3) and Mexico (1). ### What have series B VR & AR investors invested in recently? Recent rounds include Harbinger (Series D+, Nov 2026, with Australian Gulf Capital), Traversal (Series B, Nov 2026, with Khosla Ventures) and Trajectory (Series A, Nov 2026, with Sequoia Capital). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)