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Over £150m worth of capital raised in 2021, a 72% year-on-year increase
Magic Leap and Niantic lead the way, with a total of $702 million invested between them, bringing annual total to $2.5bn.
The VR Fund has released its latest snapshot of the industry and finds robust increases driven by major players Facebook and Apple.
Tim Merel, founder and MD at international tech advisors, Digi-Capital, examines the most recent round of investments and looks forward to the sector's growth potential.
A new report shows that the majority of investors feel the value of private VR companies is inflated; challenges include scarce content and high hardware prices.
Eastern investors think twice about US commitments, European market could double by 2018 as a result.
Tim Merel looks at the investment in VR over its first 12 months and casts his gaze forwards to that difficult second album.