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VR/AR Funding Falls As Metaverse Mass Adoption Still Not Reality

news.crunchbase.com · 903 words · saved by 1 readers

Funding to companies in the VR, augmented reality and virtual worlds categories has been dropping quarter over quarter since their peak in late 2021, but there are some big deals still getting done.

Joanna Glasner jglasner 66 Shares Email Facebook Twitter LinkedIn One day, perhaps, we will spurn the two-dimensional screens that now dominate our attention in favor of the more immersive world of the metaverse. At present, however, that isn’t happening en masse. And as Meta ’s staggering share price plunge on the heels of its pricey metaverse investments demonstrates, there’s lots of money to be lost in pursuit of that futuristic vision. Search less. Close more. Grow your revenue with all-in-one prospecting solutions powered by the leader in private-company data. Start Your Search Venture in

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