How Corporate Investors Support Their Platforms with AR/VR Investments

Published by , September 26, 2016 2:20 am

(VentureBeat) Corporate investors have been fueling a lot of the fundings for augmented reality and virtual reality startups. These investors want AR and VR to succeed, so their own platforms can see accelerated demand. AR and VR are expected to be a $120 billion industry by 2020, according to Digi-Capital.
The investment manager for Qualcomm Ventures explained to a recent conference that his group has a couple of core investment themes. One of them is around core chipsets and systems on a chip. The other is frontier technologies, which is seen as one kind of one big vertical with AR and VR, automotive, drones, robotics. The horizontal is with areas like security and cloud. Verizon’s investment manager explained that his fund is one of the few that has not yet invested in the space. Verizon intends to help grow the VR/AR market arena for users versus the early “picks and shovels” hardware.

Tags: , ,