# VR & AR investors in Europe (2026 list)

> 29 VR & AR investors in Europe, 76% active in the last 12 months. Led by Bpifrance, EIC Accelerator, Antler. Ranked by what they funded.

Source: https://millionrounds.com/lists/vr-investors-in-europe (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# VR & AR investors in Europe

Updated 7 November 2026

Firms observed backing a VR & AR company in Europe in the last two years, wherever the firm is based.

[See all 29 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fvr-investors-in-europe)The top 25

**29** investors on the list No change this week

**751** cheques in 12 months *-25%* against the market

**$5.1M** median round they joined *-36%* against the market median

**76%** wrote a cheque in 12 months

**55%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (21)

- 1 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen
- 2 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen
- 3 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen
- 4 [Almi Invest](https://millionrounds.com/fund/almi-invest) *Deploying now* VC firm · Sweden **328** **$1.1M** median round **Nov 2026** last seen
- 5 [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) *Deploying now* Government · Luxembourg **246** **$37M** median round **Nov 2026** last seen
- 6 [Bayern Kapital](https://millionrounds.com/fund/bayern-kapital) *Deploying now* Government · Germany **173** **$7.1M** median round **Oct 2026** last seen
- 7 [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) *Deploying now* VC firm · Sweden **152** **$20M** median round **Oct 2026** last seen
- 8 [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) *Deploying now* VC firm · Finland **141** **$5.7M** median round **Nov 2026** last seen
- 9 [Foresight Group](https://millionrounds.com/fund/foresight-group) *Deploying now* Private equity · United Kingdom **132** **$4M** median round **Oct 2026** last seen
- 10 [Luminate](https://millionrounds.com/fund/luminate-accelerator) *Deploying now* Accelerator · United States **127** **$5.3M** median round **Sept 2026** last seen
- 11 [nVentures](https://millionrounds.com/fund/nventures-2) *Deploying now* VC firm · Singapore **97** **$26M** median round **Jun 2026** last seen
- 12 [PMV](https://millionrounds.com/fund/pmv) *Deploying now* Government · Belgium **85** **$3.6M** median round **Sept 2026** last seen
- 13 [Techstart Ventures](https://millionrounds.com/fund/techstart-ventures) *Deploying now* VC firm · United Kingdom **76** **$1.4M** median round **Jun 2026** last seen
- 14 [Chalmers Ventures AB](https://millionrounds.com/fund/chalmers-ventures-ab) *Deploying now* VC firm **67** **$848K** median round **Sept 2026** last seen
- 15 [OostNL](https://millionrounds.com/fund/oost-nl) *Deploying now* VC firm · Netherlands **52** **$3.5M** median round **Aug 2026** last seen
- 16 [IAG Capital Partners](https://millionrounds.com/fund/iag-capital-partners) *Deploying now* Private equity · United States **46** **$15M** median round **Sept 2026** last seen
- 17 [Future Energy Ventures](https://millionrounds.com/fund/future-energy-ventures) *Deploying now* VC firm · Germany **43** **$12M** median round **Jul 2026** last seen
- 18 [Qbic Fund](https://millionrounds.com/fund/qbic-fund) *Deploying now* VC firm · Belgium **40** **$7M** median round **Jul 2026** last seen
- 19 [Sure Valley Ventures](https://millionrounds.com/fund/sure-valley-ventures) *Deploying now* VC firm · United Kingdom **35** **$2.1M** median round **Jul 2026** last seen
- 20 [EIC Fund](https://millionrounds.com/fund/eic-fund) *Deploying now* VC firm **15** **$13M** median round **Oct 2026** last seen
- 21 [imec.xpand](https://millionrounds.com/fund/imec-xpand) *Deploying now* VC firm · Belgium **10** **$13M** median round **Sept 2026** last seen
- 22 [Imec](https://millionrounds.com/fund/imec) quiet Accelerator · Belgium **3** **$9M** median round **Jan 2025** last seen
- 23 [CIC](https://millionrounds.com/fund/cic) quiet VC firm **3** **$8M** median round **Apr 2025** last seen
- 24 [SFPIM Relaunch](https://millionrounds.com/fund/sfpim-relaunch) quiet VC firm **2** **$5.1M** median round **Jan 2025** last seen
- 25 [Banque Populaire](https://millionrounds.com/fund/banque-populaire) quiet VC firm · France **1** **$1.4M** median round **Apr 2025** last seen

**4 more on this list**

All 29 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fvr-investors-in-europe)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Vensum Power](https://millionrounds.com/company/vensum-power)** Series A · $10M *Led by* [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures)
- **3** Nov **[Scatec](https://millionrounds.com/company/scatec)** Debt · $217M *With* [European Investment Bank](https://millionrounds.com/fund/european-investment-bank)
- **2** Nov **[Dispatch Network](https://millionrounds.com/company/dispatch-network)** Pre-seed · $527K *Led by* [Antler](https://millionrounds.com/fund/antler)
- **2** Nov **[Sortrace](https://millionrounds.com/company/sortrace)** Seed · $800K *Led by* [Almi Invest](https://millionrounds.com/fund/almi-invest)
- **29** Oct **[VUSE XR](https://millionrounds.com/company/vuse-xr)** Pre-seed · $1.3M *Led by* [IACD](https://millionrounds.com/fund/iacd)
- **29** Oct **[Fronted](https://millionrounds.com/company/fronted)** Seed · $1.9M *With* [Antler](https://millionrounds.com/fund/antler)

## Stages This Year

694 rounds

- Seed **24%**
- Venture **20%**
- Series A **14%**
- Pre-seed **11%**
- Grant **8%**
- Other **24%**

## What They Backed

Sectors, last 12 months

- AI **197**
- Biotech **82**
- Healthcare **57**
- Aerospace & Space **35**
- Energy **33**
- Big Data & Analytics **26**

## Cheques by Quarter

Led Joined

270 Q1 25

261 Q2 25

253 Q3 25

276 Q4 25

231 Q1 26

240 Q2 26

150 Q3 26

33 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america)
- [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe)
- [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america)
- [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america)
- [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia)
- [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america)
- [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america)
- [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america)
- [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about VR & AR investors in Europe

### Who are the most active VR & AR investors in Europe?

By cheques observed, the most active are Bpifrance, EIC Accelerator, Antler, Almi Invest and European Investment Bank.

### How many VR & AR investors in Europe are there?

29 are on record. 76% made an investment in the last 12 months and 55% have led a round.

### Which stages do VR & AR investors in Europe back?

Of the rounds with a named stage in the last 12 months, mostly Seed (32%) and Series A (18%).

### How big are the rounds VR & AR investors in Europe join?

The typical (median) round among the leading investors here is $5.3M.

### Which sectors do VR & AR investors in Europe back most?

In the last 12 months, mostly AI, Biotech and Healthcare.

### Which VR & AR investors in Europe lead the most rounds?

EQT Ventures (20 led), Bpifrance (11 led) and EIC Accelerator (9 led).

### Where are VR & AR investors in Europe based?

Among the most active, most are based in the United Kingdom (4), Belgium (4) and France (2).

### What have VR & AR investors in Europe invested in recently?

Recent rounds include Vensum Power (Series A, Nov 2026, with Lifeline Ventures), Scatec (Debt, Nov 2026, with European Investment Bank) and Dispatch Network (Pre-seed, Nov 2026, with Antler).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
