UK Immersive Tech: VC Investment Report Supported by HTC’S VIVE X
UK Immersive Tech: VC Investment Report supported by HTC’s VIVE X 1 3 Foreword 4 Introduction 5 10 Featured Companies 30 Immerse UK ‘21 to Watchʼ 33 Investor Survey Data 35 Thanks & Acknowledgements 36 HTC 37 Immerse UK Report Contents Report 2 Foreword June 2021 Welcome This report by Immerse UK and HTC VIVE X is the first of its kind. It Despite these successes, the report also shows that there’s features 31 highly innovative, fast-growing immersive technology some way to go. The UK attracted more than $15bn in (XR) ventures that have already raised significant amounts of external tech venture funding in 2020 in spite of the Covid-19 crisis, investment from a wide range of sources. according to Tech Nation, but immersive ventures are only taking a very small share of that capital. Meanwhile, an even These companies show the huge potential of the XR sector, which includes virtual reality (VR), augmented reality (AR), mixed reality smaller number of those companies receiving funding are (MR), haptics, and a wide range of enabling technologies. The led by women or people from diverse backgrounds. There’s a ventures highlighted here demonstrate some of the various cross- lot more work to be done in encouraging company founders sector applications of this technology ranging from media and from a more diverse range of social, cultural, and educational entertainment to medicine, manufacturing, education, training, backgrounds. fitness, and humanitarianism. We hope this report demonstrates the breadth of talent that There have been some particularly interesting areas of growth in exists across the whole of the UK, and that it will inspire more the industry over the past year.
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