Market map · Europe

AR and VR market map: Europe

132 AR and VR startups based in Europe that have raised money in rounds we track, placed in 5 segments by what each says it does. Together they have raised $1.8B; the biggest segment is spatial computing tools.

132startups on the map
5segments
$1.8Braised between them
Games and entertainmentmost funded segment

Segment by segment

Spatial computing tools

32 startups · $555M raised

  1. AugmentAeroAugmentAero is a UK-based aerospace technology company that focuses on enhancing aircraft maintenance through augmented reality, AUnited Kingdom$231M
  2. BlipparBlippar is a London-based company recognized as a leader in augmented reality (AR) and extended reality (XR) technology.United Kingdom$165M
  3. OneDomeOneDome is the World's First eHomeBuying PlatformUnited Kingdom$38M
  4. RIVRA leading developer of photorealistic virtual reality interactive experiencesSwitzerland$25M
  5. BasemarkBasemark is a privately held software and services company founded in April 2015, specializing in Augmented Reality (AR), advancedFinland$24M
  6. KIT-ARKIT-AR is a UK-based technology startup that offers an augmented worker platform aimed at improving quality and efficiency in manuUnited Kingdom$9.7M
  7. HadeanHadean is a London-based technology company founded in 2015, specializing in distributed spatial computing, artificial intelligencUnited Kingdom$9.3M
  8. Scape TechnologiesScape is a computer vision startup, building the localization engine for city-scale augmented reality.United Kingdom$8.0M

Smart glasses and headsets

28 startups · $235M raised

  1. LLynxLynx is a first standalone Mixed Reality headset capable of virtual and augmented reality.United Kingdom$50M
  2. MICLEDI MicrodisplaysMICLEDI microdisplays is a Belgium-based fabless semiconductor design company founded in 2019 as a spin-off from IMEC.Belgium$25M
  3. Distance TechnologiesDistance Technologies is a Finnish deep-tech startup based in Helsinki, founded in 2024.Finland$22M
  4. OQmentedOQmented is a German deep-tech company founded in 2018, specializing in ultra-compact, fully integrated MEMS-based laser beam scanGermany$20M
  5. DispelixDispelix develops and delivers see-through waveguide combiners that are used as transparent displays in extended reality (XR) devices.Finland$14M
  6. vitrealabVitrealab is a deep-tech photonics company based in Vienna, founded in 2018.Austria$11M
  7. ValkeeValkee is a Finnish health technology company based in Oulu, specializing in bright-light therapy products.Finland$10M
  8. CREALCREAL is a technology company that develops near-eye light-field display technology for virtual and mixed reality applications.Switzerland$8.9M

Games and entertainment

28 startups · $834M raised

  1. ImprobableVenture into new worlds: improbable.io Improbable is a British start-up that has been at the forefront of building virtual worlds United Kingdom$674M
  2. Resolution GamesResolution Games is a game studio and video game developer based in Stockholm, Sweden, with additional offices in Austin, Texas, aSweden$39M
  3. Pixel ToysPixel Toys is an independent game studio located in Leamington Spa, England, founded in 2012 by industry veterans Andy Wafer and Alex Zoro.United Kingdom$27M
  4. Immersive GameboxImmersive Gamebox is an immersive entertainment platform that delivers immersive team adventures in the interactive digital smart rooms.United Kingdom$20M
  5. ForeverlandForever Land offers virtual reality experiences and maintains a strong social media presence.Italy$12M
  6. EmperiaEmperia is a virtual reality platform company based in London and New York, founded in 2019.United Kingdom$10M
  7. MetaGravityMetaGravity is a deep technology and infrastructure company founded in 2021 and based in London, United Kingdom.United Kingdom$9.5M
  8. XR GamesXR Games is a game development studio located in Leeds, United Kingdom, founded in 2017 by Bobby Thandi.United Kingdom$8.9M

Healthcare XR

24 startups · $90M raised

  1. StrolllStrolll is a digital health startup developing solutions for the mobility of people living with neurological disorders.United Kingdom$18M
  2. Pixee MedicalPixee Medical is a French medical technology company founded in 2017, specializing in augmented reality (AR) and mixed reality (MRFrance$15M
  3. SURGARSURGAR is a French Medtech startup founded in 2019, specializing in augmented reality (AR) software for minimally invasive surgeries.France$12M
  4. Oxford VROxford VR is an evidence-based immersive treatment for serious mental illness and behavioral health.United Kingdom$10M
  5. Amelia Virtual CareAmelia Virtual Care develops a virtual reality platform designed to bring value to mental health treatment.Spain$7.4M
  6. HYPNO VRHypnoVR is a virtual reality software for anesthesia, treatment of pain and anxiety.France$5.1M
  7. VirtuleapVirtuleap is a healthcare technology startup based in Lisbon, Portugal, founded in 2018.Portugal$3.3M
  8. ArspectraArspectra is a medical technology firm that focuses on unique augmented reality solutions for the healthcare industry.Luxembourg$2.6M

Training and enterprise XR

20 startups · $116M raised

  1. Loft DynamicsLoft Dynamics is a Swiss aviation simulation and training company based in Dübendorf and Santa Monica.Switzerland$24M
  2. ThreediumThreedium is a London-based enterprise software company founded in 2017.United Kingdom$12M
  3. HololightHololight is a global deep-tech enterprise software company founded in 2015, headquartered in Innsbruck, Austria, with additional Germany$12M
  4. HOLOGATEHOLOGATE, founded in 2013 in Munich, Germany, is a global leader in extended reality (XR) solutions.Germany$9.1M
  5. SSkillupSkillUp is an advanced virtual reality-based skills training library designed to accelerate the acquisition of on-site work skills.Norway$8.8M
  6. VoxelSensorsVoxelSensors is a Belgian deep-tech semiconductor startup founded in 2020 and based in Brussels.Belgium$8.7M
  7. XRlabsXRlabs is a London-based medical technology company founded by neurosurgeon Dr.United Kingdom$8.4M
  8. Oxford Medical SimulationOxford Medical Simulation (OMS) is a virtual reality healthcare training platform founded in 2017.United Kingdom$6.7M

How this map is made. Every startup here has raised money in rounds we track, and is based in Europe. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in AR and VR, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

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