VR/AR Funding Falls As Metaverse Mass Adoption Still Not Reality
Venture investors appear to be growing increasingly sensitive regarding those risks. That, at least, is one easy explanation for why funding to companies in the VR, augmented reality and virtual worlds categories has been dropping quarter over quarter since their peak in late 2021. Since hitting over $2.1 billion in the fourth quarter of 2021, metaverse-related funding has fallen to around $760 million in the most recent full quarter. The third quarter was also lower than Q1 and Q2 of 2022. Overall global venture funding, of course, has also been down sharply, so augmented and virtual reality categories are by no means isolated examples of investors’ rising risk-aversion.
NFT's & Metaverse Updates
