According to a study published by The Venture Reality Fund and LucidWeb, the European ecosystem working on these technologies is around 300 companies, with video games being the most competitive sector.
The Venture Reality Fund and LucidWeb they have published a study on the current panorama of companies in Europe dedicated to virtual reality. Of the nearly 300 companies that were identified and analyzed, only 116 were selected to be part of the ecosystem. And of the 116, four of them are Spanish: ImmersiON-VRelia, Neurodigital Technologies, Psious and Future Lighthouse, although the latter does not appear as such in the report.
Video games represent the most competitive sector with companies such as Crytek, Ubisoft, CCP Games, nDreams and Croteam. In input technology is the Swiss company Mindmaze that raised the highest round of VR financing in Europe, with a single investment of 100 million dollars. Everything related to video is powered by companies like VideoStitch and Giroptic. The real estate market also has companies such as the Swedish Diakrit or the German TheConstruct. As for HMDs we have Starbreeze, Homido and ImmersiON-VRelia, among others. Health is another important part with the presence of Psious. Some of these companies have been acquired by other large American companies such as Thrive Audio by Google or Two Big Ears by Facebook.
France is the country with the highest representation in this ecosystem, and half of the companies are from the United Kingdom, France, Germany and Sweden. “The virtual reality industry is booming, and not only in the United States and Asia. The old continent has started slowly, but it has definitely accelerated in the last two years,” concluded Leen Segers, CEO of LucidWeb.