Thousands of new startups are founded every year – emerging companies with the potential to disrupt immersive technologies. To give you a head-start on emerging technologies and startups that will impact the virtual reality sector in 2022, we analyzed a total of 858 global virtual reality startups and scaleups. Meet five of the most promising startups to watch!
Global Startup Heat Map highlights 5 Virtual Reality Startups to Watch in 2022
Out of 858, the five virtual reality startups to watch are chosen through the Big Data and Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 2 093 000+ startups & scaleups globally. As the world’s largest resource for data on emerging companies, the SaaS platform enables you to scout relevant startups, emerging technologies, and future industry trends quickly and exhaustively.
The Global Startup Heat Map below highlights the five virtual reality startups you should watch in 2022 as well as the geo-distribution of the other 853 startups and scaleups we analyzed for this research. We hand-picked the five highlighted virtual reality startups based on our data-driven startup scouting approach, taking into account factors such as location, founding year, the relevance of technology, and funding, among others.
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oVRcome provides Virtual Reality Exposure Therapy (VRET)
Founding Year: 2020
Location: Christchurch, New Zealand
Partner for: Anxiety Management, Obsessive-Compulsive Disorder (OCD) Therapy
Industries: Healthcare
New Zealand-based startup oVRcome utilizes virtual reality exposure therapy to treat anxiety disorders, OCD, and phobias. Its mobile application allows psychologists to conduct therapy sessions remotely and select appropriate simulations from the startup’s library. The startup’s VR headsets allow patients to immerse themselves in these simulations. Simultaneously, the therapists see what their patients are experiencing and continuously guide them on how to deal with the virtual scenarios.
The Virtual Submarine facilitates Soft Skill Development
Founding Year: 2020
Location: Lund, Sweden
Partner for: Conflict Management Training, Employee Engagement
Industries: HRTech
The Virtual Submarine is a Swedish startup that advances soft skill development through VR-based training. It offers photorealistic simulations that include negotiation, conflict management, and team management as well as scenarios of diversity and inclusion issues. For example, to improve conflict resolution competence, employees go through a simulation where they have to resolve a heated argument by selecting the appropriate replies. Additionally, the startup enhances onboarding programs with VR-based demonstrations, activities, and roleplaying, thus increasing employee engagement.
Kinemagic enables Design Fault Detection
Founding Year: 2019
Location: Metairie, US
Partner for: VR-based Digital Twin
Industries: Heavy Industries
US-based startup Kinemagic develops Stratus, a VR platform that enables heavy industries to detect design faults. It creates immersive digital twins from computer-aided designs (CAD). By simulating industrial facilities, Stratus allows engineers to explore their chosen points of interest, take measurements, and capture images. Further, they are able to highlight design issues and mitigate them through online collaboration with colleagues using the software’s immersive tools. This saves costs and reduces the need for physical visits to the facilities.
iXR Labs offers VR-Assisted Learning
Founding Year: 2020
Location: Jaipur, India
Partner for: Immersive Learning
Industries: EdTech
iXR Labs is an Indian startup that provides VR solutions for higher education in the fields of engineering, medical, and science in general. For example, its solution for medical students, Medical K-Lab, contains 3D visualizations of various human parts. This enables students to better understand the internal workings of the human body through experiential learning. The medical models depict normal and diseased conditions that are difficult to demonstrate with traditional methods. iXR Labs’ solutions thus provide a safe environment for students to experiment and learn without the worries of life-threatening mistakes.
Klapty creates Virtual Property Tours
Founding Year: 2019
Location: Fribourg, Switzerland
Partner for: Immersive Media
Industries: Real Estate, Construction, Tourism
Swiss startup Klapty builds a social network platform for immersive content. It allows real estate agents, construction companies, and hotel owners to create and share virtual tours of their facilities or properties. The software automatically generates 360 degrees imageries of photos uploaded by users. It also enables them to add hotspots to go from one view to another, including information hotspots and 2D photos. The virtual tours enhance marketing, increase visibility, and improve customer engagement.
Discover All Emerging Virtual Reality Startups
The 858 virtual reality startups showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. Download our free Industry Innovation Reports for a broad overview of the industry or get in touch for quick & exhaustive research on the latest technologies and emerging solutions that will impact your company in 2022!
