AR and VR Received $4.1B in Investments – Digi-Capital

Analytics platform Digi-Capital recently revealed that the augmented reality (AR) and virtual reality (VR) sector acquired a whopping $4.1 billion in 2019 from investors. Venture Beat said that this is the third-highest-recorded investment in VR and AR, with 2017 and 2018 taking the two topmost positions. In the past year, the classifications that received the highest deal volumes are AR/VR technology, education, games, medical, smartglasses, solutions/services, and enterprise software/services. A huge chunk of the investments is from a variety of funding rounds such as Series A and B, as well as grants, seeds, accelerators, and crowdfunding. However, the overall number for 2019 fell by 35% compared to 2018.