$2.3 Billion: 2016 Another Record Year for VR/AR Investment

According to Digi-Capital, venture capitalists and corporate investors provided $2.3 billion in virtual reality and augmented reality in 2016.  This was over 3 times the $700+ million that was invested in 2015.  Some of the notable firms include Magic Leap, who received $793.2 million and is said to be working on an augmented reality head-mounted display. The video game development software company Unity received $181 million.

Digi-Capital’s article provides a pie-graph that shoes the exact breakdown of how the investments landed during virtual reality’s first year as a true consumer product.  Regardless of what happens in the short term, the article states that the long term outlook for VR/AR investors appears to be quite bright.

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