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10 Virtual Reality Startups

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10 Virtual Reality Startups

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Virtual reality (VR) uses technologies in the field of data collection, processing and visualization to simulate or create virtual worlds. Companies are using VR technology to create a better view of their operations and improve operational efficiency. The retail and real estate industries are using VR for product marketing and virtual tours. Manufacturing companies, including automotive companies, as well as city planners and real estate developers, are using virtual reality to improve design and planning. Virtual Reality Startups

VR provides an immersive entertainment experience, offering virtual concerts, movie theaters and more. VR technology also improves the efficiency of industrial training and education. Finally, healthcare institutions are offering medical training and therapy using VR to improve physician efficiency and patient management.

Real estate and Virtual Reality Startups

Virtual tours and staging allow real estate companies to improve communication and conversion rates. Hence, they use virtual reality visualization and marketing platforms to achieve this goal. The use of VR allows developers to offer remote and virtual property showcases to potential clients. To do this, they use guided or interactive 3D virtual tours, replacing physical visits and saving time.

Additionally, developers can sell work-in-progress projects through architectural renderings, providing an immersive experience. Otherwise, these leads end up being no-shows or clients end up losing interest due to a lack of real properties. Recent virtual reality solutions in real estate also allow potential buyers to purchase properties while they are under construction, increasing sales.

Startup Ikigai Factory makes it easy to create virtual tours

Ikigai Factory is a British startup developing REVR, a tool for creating virtual tours. It’s a smartphone app that uses your phone’s built-in cameras to take photos and create tours.

The app also supports 360-degree video from other commercial cameras to speed up publishing workflows. Real estate companies are using this solution to quickly provide virtual tours of their properties without breaking the bank.

Virtual Reality Startups in engineering

Modeling and computer-aided design (CAD) are already part of engineering processes. Integrating virtual reality allows engineers and designers to extend existing solutions and move toward more interactive operations. For example, the combination of virtual reality and digital twins allows engineers to visualize and simulate numerous real-life situations.

Because this approach uses historical and real-time data, it can speed up project completion and reduce costly design changes and prototyping. In addition, virtual reality improves safety training, collaboration, and training for engineers. Which increases personnel safety, saves costs, optimizes work processes and increases productivity.

Startup WeAre promotes digital engineering

WeAre is a German startup that has created digital engineering based on virtual reality. The software of the startup WeAre Rooms allows you to jointly develop VR models. It also allows engineers to improve prototype reviews, sales presentations, and remote collaboration.

Digital engineering reduces development costs, speeds time to market, improves communication with customers and suppliers, and increases team motivation.

Entertainment and Virtual Reality Startups

From virtual museums and theaters to immersive games and concerts, virtual reality is gaining enormous attention in the entertainment industry. The digital world that VR offers allows content creators and entertainment companies to better communicate their ideas and stories. Advances in immersive displays and haptic technologies are making virtual reality even more important to the entertainment sector.

Game developers are already monetizing this opportunity by offering VR-ready games for PCs and smartphones. Moreover, remote access to virtual reality entertainment events allows companies to reach a global audience and increase sales. Cinemas are also offering unique VR content to attract more viewers.

Startup IMVERSE provides metaverse 3D graphics

IMVERSE is a Swiss startup offering 3D graphics of the metaverse. The startup’s own rendering and volumetric pixel (voxel) modeling engine ensures authentic holoportation. This real-time recording solution improves 3D telepresence through scalable, real-time simulation.

Additionally, the IMVERSE voxel engine finds application in games and entertainment activities.

Virtual Reality Startups in retail

VR enables virtual commerce in the retail sector, allowing customers to purchase products through e-commerce channels by interacting with them. This simplifies the customer experience and provides retailers with valuable customer analytics.

For example, Kellogg’s uses eye tracking data from virtual reality headsets to understand which products quickly grab customers’ attention and identify underperforming products. Additionally, VR allows retailers to offer digital twins of their brick-and-mortar stores to enhance the customer experience and increase sales. Virtual reality is also finding applications in innovative marketing, merchandising and retail advertising. This includes virtual reality product placements, virtual customer meetings and VR store tours.

Startup NexReality powers meta-commerce

NexReality is an American startup offering a meta-commerce solution for retail businesses. The startup’s software-as-a-service (SaaS) solution is a customer-to-manufacturer (C2M) technology that digitizes the retail experience.

It allows e-commerce businesses to virtually showcase and sell their products. Which eliminates routine costs and inventory shortages while increasing customer satisfaction.

Training and education with Virtual Reality Startups

VR dramatically improves the efficiency of both industrial training and school education. Through immersive and interactive training based on virtual reality solutions, staff and students can better understand their curriculum. For example, simulating safety hazards in industrial settings allows workers to quickly understand safety protocols, while simulating human organs allows students to understand human biology.

VR further improves the overall learning curve of students. When combined with digital twins, VR allows them to leverage virtual prototyping and enable collaborative development. In the study of history, geography and archaeology, virtual presentations of historical sites and archaeological finds enhance the learning experience.

Startup FotonVR releases VR kits for training

FotonVR is an Indian startup that develops virtual reality educational kits for school education. The startup’s VR classes and virtual tours of the physics, chemistry and biology curriculum enhance student learning.

FotonVR also offers virtual reality headsets along with content libraries. This allows teachers and schools to offer interactive, gaming and immersive content to students.

Healthcare and Virtual Reality Startups

VR improves patient management, medical training and therapeutic outcomes in the healthcare sector. By using realistic models of the human body or organs, doctors can effectively communicate the effects of diseases and explain how therapeutics treat them. This increases confidence in patients and their families. At the same time, simulated situations allow new healthcare professionals to practice surgical procedures and diagnose rare and common health problems.

The use of 360-degree videos and virtual environments significantly improves the effectiveness of psychotherapy for conditions such as post-traumatic stress disorder (PTSD). Finally, virtual reality physical therapy and pain management solutions increase patient engagement in daily exercise after skin graft surgery and strokes.

Startup Cognihab offers vision therapy using VR

Cognihab is an Indian startup offering VR-assisted vision therapy to treat amblyopia, vergence and hand-eye coordination. The startup’s vision therapy package offers easy-to-follow graphical instructions for various exercises to ensure adequate eye muscle function.

It also helps in identifying various vision problems. In addition, the startup is developing VR solutions for the treatment of stroke, spinal cord injuries and rehabilitation of autism.

Virtual Reality Startups in construction

Visualization of building plans provides detailed information to improve design and construction planning. This allows builders to identify potential problems and risks before any construction processes begin, saving costs and time. Because construction companies can create VR environments using Building Information Modeling (BIM) data, communication between project stakeholders becomes more efficient and transparent.

Construction companies are using VR solutions to train their workers to work in high-risk environments. This reduces safety risks and improves worker safety. In addition, BIM and virtual reality models driven by digital twins provide real-time information about the status of on-site assets and project progress. This data allows project managers to reduce labor costs, delays and rework.

Startup HEGIAS makes construction planning easier

HEGIAS is a Swiss startup that improves construction planning. The startup’s cloud-based virtual building suite allows architects to prototype buildings directly in VR.

It also uses geo-referenced 3D models to calculate dynamic light and shadows for renderings, and allows them to compare multiple plans and alternative materials. This provides engineers with decision support and allows all stakeholders to view planned properties.

Production and Virtual Reality Startups

The manufacturing sector deals with complex production lines and assets, so efficient industrial design is critical to plant development. VR integrates all the necessary data to simulate final industrial installations and provides decision support for production planning.

What’s more, designing products with virtual reality allows engineers to reduce the time and cost of cost-intensive reprototyping and speed up design-for-manufacturing (DFM). Consequently, it improves the efficiency of new product development workflows. Manufacturers are using VR environments to train employees on safety protocols and machine operation. As a result, they can perform better on production lines while minimizing errors.

Startup Mazer creates production digital twins based on VR

Mazer is a Polish startup offering the production of digital twins based on virtual reality. The startup’s platform allows manufacturers to create multi-spatial VR showrooms for factories or individual assets.

Its real-time production data also allows them to simulate different production scenarios to aid decision making. Additionally, the platform allows remote workers to offer remote technical assistance.

Smart city and Virtual Reality Startups

Digital modeling of city infrastructure, such as water management systems and electrical grids, provides city officials and planners with optimization opportunities. Using virtual reality, they can create accurate models of cities using data from sensors, cameras and actuators. This allows city management to ensure optimal use of space, improve traffic management and improve safety.

In addition to urban planning, cities are using VR to train police officers in a virtual environment. This allows aspiring officers to learn threat management and improve post-incident response. At the same time, providing emergency medical care training using VR to medical workers in ambulances allows them to stabilize patients during transport.

Startup Pointreef improves city planning

Pointreef is a German VR startup offering digital twins for urban planning. The startup uses high-resolution photogrammetry, 3D laser scanning and aerial photography to create digital twins of cities. This data allows city planners and management to improve construction, traffic and infrastructure planning.

Virtual Reality Startups in the automotive industry

Rendering CAD models into VR virtualization allows vehicle engineers to evaluate designs at real scale. It also allows automotive engineers to carefully analyze design parameters and avoid mistakes before physical prototyping. Consequently, virtual reality speeds up design completion and reduces time to market.

In addition, car manufacturers are using VR to simulate car interiors for ergonomic analysis. On the other hand, virtual representations of production and assembly lines provide automobile manufacturers with improved process visibility. With digital twins and predictive analytics, they can further reduce costly manufacturing errors and quality issues. VR also supports the training of new employees and improves their productivity once deployed on production sites.

VR startup SIMBOTT makes it easier to learn automotive welding

SIMBOTT is an Indian startup that offers virtual reality car welding training. The startup’s immersive simulation helps train shop floor operators in production and operations using factory digital twins.

This includes maintenance operations, assembly operations and quality inspections. Additionally, the startup supports workforce skills and emergency safety training. This allows automakers to avoid human errors and defects while improving industrial safety.


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