Here is our Q2 2019 summary report on the virtual reality startup sector. The following report includes a sector overview and recent activity.
How is the funding environment shaping up for virtual reality in 2019? As we pass the mid-year mark, let's see how the year-to-date metrics compare to the historical trends. The graph below shows VR total funding by year, stacked by quarters.
As the graphic demonstrates, virtual reality has amassed $1.4B through Q1 and Q2 of this year. This amount represents 78% of the total funding in 2018, and 146% of the funding through Q2 in 2018. The top three funding events in Q2 2019 include a $280M round into Magic Leap, a $230M round into Meero, and a $125M round into Unity Technologies.
A straight-line projection of the completed funding this year would result in $2.8B, which is a whopping 155% of the total 2018 funding. By the same token, a weighted quarterly average projection of 2019 funding would result in $2.6B, which exceeds the total 2018 funding by 46%. Therefore, based on the mid-year data, virtual reality funding in 2019 is projected to dramatically increase from the funding...