The virtual reality game development industry focuses on creating immersive, interactive experiences through advanced technology. Companies in this field range from startups to established corporations, producing a variety of VR titles across multiple genres, including action, adventure, and educational games. As technology evolves, developers are increasingly integrating augmented reality and mixed reality, further enriching user experiences. Future trends indicate a surge in multiplayer VR games and enterprise solutions, catering to both gamers and businesses. The demand for engaging VR content continues to rise, driven by advancements in hardware and growing consumer interest.

This list features 23 virtual reality game development companies, mostly based in the United States, with some in Europe and Canada. Companies like Oculus VR and Sanzaru focus on hardware and story-driven titles, respectively, while others like Fast Travel Games are carving out their niche. Ranging in size from small teams of fewer than 50 employees to larger firms with over 1,000 staff, these companies have been founded between 2002 and 2016, showcasing a mix of experience and fresh perspectives within the industry.

Explore our listing of top virtual reality game development companies.

Top 23 Virtual Reality Game Development Companies

1. Oculus VR

• Website: oculus.com
• Ownership type: Corporate
• Headquarters: Menlo Park, California, United States (USA)
• Employee distribution: United States (USA) 72%, China 19%, Switzerland 4%, Other 4%
• Latest funding: Crowdfunding, $2.4M, August 2019
• Founded year: 2012
• Headcount: 501-1000
• LinkedIn: oculus-vr

Oculus VR, founded in 2012 and based in Menlo Park, California, operates under Meta Platforms. The company specializes in virtual reality (VR) and augmented reality (AR) technologies, offering a range of VR headsets, including the Quest 3, Quest Pro, and Rift S. Oculus VR is dedicated to creating immersive experiences for both consumers and businesses, focusing on innovative hardware and software solutions. Their platform supports developers in creating engaging VR content, which has contributed to the growth of the VR gaming industry. Oculus VR has also engaged in crowdfunding efforts, securing funding to enhance its product offerings and expand its reach in the market.

2. Survios

• Website: survios.com
• Ownership type: Venture Capital
• Headquarters: Marina Del Rey, California, United States (USA)
• Employee distribution: United States (USA) 98%, Pakistan 2%
• Latest funding: January 2021
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: survios

Survios is a virtual reality game studio based in Marina Del Rey, California, founded in 2013. The company specializes in crafting immersive gaming experiences that captivate players. Survios has developed a range of well-known titles, including 'Raw Data', 'Creed: Rise to Glory', and 'The Walking Dead: Onslaught', which showcase their expertise in creating engaging gameplay. The studio has received recognition for its innovative designs and has won several industry awards for game design and technical achievement. Survios is also expanding its reach into console and PC game development, indicating a proactive approach to growth in the gaming industry. With a team of passionate developers, Survios aims to push the boundaries of what is possible in virtual reality gaming.

3. Sanzaru

• Website: sanzaru.com
• Ownership type: Corporate
• Headquarters: Foster City, California, United States (USA)
• Employee distribution: United States (USA) 92%, Canada 6%, Georgia 2%
• Latest funding: February 2020
• Founded year: 2007
• Headcount: 51-200
• LinkedIn: sanzaru-games

Sanzaru Games, based in Foster City, California, is a video game developer that specializes in creating immersive gaming experiences across various platforms, with a strong emphasis on virtual reality. Founded in 2006, the company has developed a reputation for crafting visually impressive and engaging titles. Notable games include 'Asgard's Wrath', which received critical acclaim for its depth and gameplay mechanics, and 'Marvel Powers United VR', which allows players to engage in cooperative battles using iconic Marvel characters. Sanzaru has released over 16 titles, showcasing their ability to innovate and adapt in a competitive market. Their latest project, 'Asgard's Wrath 2', is set to launch in December 2023, further solidifying their position in the VR gaming sector. As a subsidiary of Oculus Studios, Sanzaru is well-positioned to leverage advancements in VR technology, ensuring they remain relevant in the evolving gaming landscape.

4. nDreams

• Website: ndreams.com
• Ownership type: Corporate
• Headquarters: Farnborough, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 99%, Other 1%
• Latest funding: $110.0M, November 2023
• Founded year: 2006
• Headcount: 201-500
• LinkedIn: ndreams

nDreams is a video game developer and publisher based in Farnborough, England, specializing in virtual reality gaming. Established in 2006, the company has dedicated itself to creating immersive VR experiences that prioritize innovative gameplay and high-quality content. Since shifting its focus entirely to virtual reality in 2013, nDreams has developed a portfolio of popular titles, including 'Synapse', 'Fracked', and 'Ghostbusters: Rise of the Ghost Lord'. The company operates through multiple studios, fostering collaboration and creativity among its teams. In November 2023, nDreams secured $110 million in funding, reflecting strong investor interest and support for its ongoing projects and future endeavors. With a commitment to pushing the boundaries of VR entertainment, nDreams continues to cater to the growing demand for engaging virtual experiences.

5. Vertigo Games

• Website: vertigo-games.com
• Ownership type: Corporate
• Headquarters: Rotterdam, South Holland, Netherlands
• Employee distribution: Netherlands 99%
• Latest funding: $59.0M, September 2020
• Founded year: 2008
• Headcount: 51-200
• LinkedIn: vertigo-games-bv

Vertigo Games, based in Rotterdam, Netherlands, is a video game developer and publisher that specializes in virtual reality gaming. Established in 2008, the company has built a reputation for creating immersive VR experiences that appeal to both consumers and businesses. Vertigo Games has developed a range of popular titles, including 'Arizona Sunshine', 'After the Fall', and the upcoming 'Metro Awakening', showcasing their ability to produce engaging content for various VR platforms. In addition to game development, they also focus on the arcade market, providing VR games for location-based entertainment venues through their distribution platforms, HAZE VR and Springboard VR. This strategy not only enhances their market presence but also helps to introduce new audiences to VR gaming. Vertigo Games is part of the global PLAION Group, which further supports their operations and growth in the competitive gaming industry.

6. Fast Travel Games

• Website: fasttravelgames.com
• Ownership type: Venture Capital
• Headquarters: Stockholm, Stockholm, Sweden
• Employee distribution: Sweden 100%
• Latest funding: Series B, May 2024
• Founded year: 2016
• Headcount: 51-200
• LinkedIn: fast-travel-games

Fast Travel Games is a video game developer based in Stockholm, Sweden, established in 2016. The company specializes in virtual reality gaming, focusing on creating immersive experiences that transport players into beautifully crafted worlds. With a team of industry veterans, Fast Travel Games is dedicated to developing engaging narratives and innovative gameplay mechanics that leverage the unique capabilities of VR technology. They are currently working on several unannounced VR titles, showcasing their commitment to pushing the boundaries of what is possible in virtual reality. The company operates with a team of around 60 employees, all based in Sweden, and emphasizes a collaborative and creative work environment. Their approach to game development is centered on the belief that VR will revolutionize gaming, similar to the impact of mobile games in the early 2010s.

7. Schell Games

• Website: schellgames.com
• Ownership type: Private
• Headquarters: Pittsburgh, Pennsylvania, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Other (Grant), $900,000, July 2019
• Founded year: 2002
• Headcount: 51-200
• LinkedIn: schell-games

Schell Games, based in Pittsburgh, Pennsylvania, is a private video game developer that specializes in creating virtual reality experiences. Founded in 2002, the company has built a reputation for crafting engaging and immersive games. Their portfolio includes the popular 'I Expect You To Die' series, which combines puzzle-solving with a unique narrative, and 'Until You Fall', a physically active VR hack-and-slash roguelite. Schell Games operates primarily through direct sales to consumers, ensuring a direct connection with their audience. The company has also received funding, with a notable grant of $900,000 in 2019, which underscores their commitment to innovation and growth in the VR gaming sector.

8. Ready At Dawn Studios

• Website: readyatdawn.com
• Ownership type: Corporate
• Headquarters: Irvine, California, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: June 2020
• Founded year: 2003
• Headcount: 51-200
• LinkedIn: ready-at-dawn-studios

Ready At Dawn Studios, founded in 2003 and based in Irvine, California, is a video game development studio known for its focus on creating engaging experiences for both AAA consoles and virtual reality platforms. The company was established by former members of renowned studios like Naughty Dog and Blizzard Entertainment. Over the years, Ready At Dawn has developed several critically acclaimed titles, including "Daxter," "God of War: Chains of Olympus," and "The Order: 1886." In recent years, they have shifted their focus towards virtual reality, producing notable games such as "Lone Echo" and "Echo Arena," which showcase their commitment to pushing the boundaries of VR gaming. The studio prides itself on its technological innovations and artistic excellence, ensuring that they remain a relevant player in the gaming industry.

9. Polyarc

• Website: polyarcgames.com
• Ownership type: Private Equity
• Headquarters: Seattle, Washington, United States (USA)
• Employee distribution: United States (USA) 96%, Canada 4%
• Latest funding: Series B, $9.0M, July 2020
• Founded year: 2015
• Headcount: 11-50
• LinkedIn: polyarc-games

Polyarc, Inc. is a video game developer based in Seattle, Washington, specializing in virtual reality experiences. Founded in 2015, the company has gained recognition for its immersive games, particularly the Moss series, which includes Moss and Moss II. These titles are designed to engage players with rich narratives and interactive gameplay, appealing to a broad audience of gamers. Polyarc operates primarily through direct sales of its games online, ensuring a direct connection with its player base. The company has also received significant funding, with a Series B round in July 2020 raising $9 million, which underscores its growth potential and commitment to advancing VR technology. With a dedicated team and a focus on creating compelling virtual experiences, Polyarc continues to contribute to the evolution of the gaming industry.

10. Cloudhead Games

• Website: cloudheadgames.com
• Ownership type: Private
• Headquarters: United States (USA)
• Employee distribution: Canada 100%
• Latest funding: Other (Debt), $50,000, August 2015
• Founded year: 2012
• Headcount: 11-50
• LinkedIn: cloudheadgames

Cloudhead Games is a private video game developer based in the United States, specializing in virtual reality experiences. Founded in 2012, the company has gained recognition for its immersive games, including the award-winning Pistol Whip and The Gallery series. These titles showcase their ability to blend engaging narratives with innovative gameplay mechanics, appealing to both gamers and VR enthusiasts. Cloudhead Games has also collaborated with industry giants like Valve, further solidifying their position in the VR market. The studio is known for its commitment to sustainable development practices, ensuring a healthy work environment for its team. With a focus on creativity and technical expertise, Cloudhead Games continues to contribute to the evolution of virtual reality gaming.

11. XR Games

• Website: xrgames.io
• Ownership type: Venture Capital
• Headquarters: Leeds, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 100%
• Latest funding: Series A, $7.0M, July 2022
• Founded year: 2017
• Headcount: 51-200
• LinkedIn: xrgames

XR Games is a video game developer based in Leeds, England, specializing in virtual reality experiences. Founded in 2017, the company has made a name for itself by creating engaging and immersive games that resonate with players. Notable titles include 'HITMAN 3 VR: Reloaded', which allows players to step into the shoes of the iconic assassin, and 'Zombie Army VR', a cooperative shooter set in a zombie-infested World War II. XR Games collaborates with major studios and publishers, including Sony Pictures and IO Interactive, to bring popular franchises to life in VR. The company has received significant funding, with a Series A round in 2022 raising over 7 million dollars, reflecting its growth potential and the confidence investors have in its future. With a dedicated team and a focus on high-quality content, XR Games aims to push the boundaries of virtual reality gaming.

12. Firesprite

• Website: firesprite.com
• Ownership type: Corporate
• Headquarters: Liverpool, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 100%
• Latest funding: September 2021
• Founded year: 2012
• Headcount: 51-200
• LinkedIn: firesprite

Firesprite Ltd, founded in 2012 and based in Liverpool, England, is a video game development company that specializes in creating innovative games primarily for PlayStation platforms. With a workforce of around 131 employees, Firesprite has carved out a niche in the gaming industry by focusing on immersive experiences and engaging narratives. Their notable project, 'Horizon Call of the Mountain', co-developed with Guerrilla Games, is designed specifically for PlayStation VR2, highlighting their expertise in virtual reality. The studio has received recognition for its work, winning multiple awards, including accolades at the DICE and TIGA Awards. Firesprite's commitment to inclusivity and collaboration within its team further enhances its reputation as a forward-thinking game development studio.

13. Resolution Games

• Website: resolutiongames.com
• Ownership type: Venture Capital
• Headquarters: Stockholm, Stockholm, Sweden
• Employee distribution: Sweden 97%, United States (USA) 3%
• Latest funding: Series C, $25.0M, July 2021
• Founded year: 2015
• Headcount: 51-200
• LinkedIn: resolution-games

Resolution Games, based in Stockholm, Sweden, is a gaming company that specializes in virtual reality (VR), augmented reality (AR), and mixed reality (MR) games. Founded in 2015, the company has grown to employ around 131 people, primarily in Sweden, with a small presence in the United States. Resolution Games focuses on creating interactive and immersive gaming experiences across multiple platforms, catering to players who seek social and physical engagement through gaming. Their portfolio includes well-known titles such as Demeo, a cooperative tabletop adventure, and Angry Birds VR: Isle of Pigs. The company has received significant funding, including a $25 million Series C round in July 2021, which underscores their potential for growth and innovation in the gaming industry. Resolution Games continues to push the boundaries of gaming with new projects and updates, solidifying their position in the VR gaming market.

14. Thirdverse, Co., Ltd.

• Website: thirdverse.io
• Ownership type: Venture Capital
• Headquarters: San Francisco, California, United States (USA)
• Employee distribution: Japan 70%, United States (USA) 20%, Singapore 10%
• Latest funding: Series D, $3.3M, March 2024
• Founded year: 2016
• Headcount: 51-200
• LinkedIn: thirdverse

Thirdverse, Co., Ltd. is a virtual reality game development company based in San Francisco, California, with a significant presence in Japan. Founded in 2016, the company specializes in crafting immersive VR gaming experiences. Their notable titles include SOUL COVENANT, a narrative-driven action JRPG, and X8, a multiplayer hero shooter. Thirdverse is actively expanding its footprint in the gaming industry, as demonstrated by their recent funding rounds, which have raised over $38 million to date. This financial backing supports their ambition to innovate and enhance their game offerings. The company is also focused on building a strong team, indicating a commitment to quality and creativity in game development. With a workforce distributed across Japan, the United States, and Singapore, Thirdverse is positioned to tap into various markets and trends in the VR gaming sector.

15. Owlchemy Labs

• Website: owlchemylabs.com
• Ownership type: Corporate
• Headquarters: Austin, Texas, United States (USA)
• Employee distribution: United States (USA) 98%, Australia 2%
• Latest funding: May 2017
• Founded year: 2010
• Headcount: 51-200
• LinkedIn: owlchemy-labs-llc

Owlchemy Labs is a virtual reality game development studio based in Austin, Texas, founded in 2010. The company specializes in creating polished and playful VR experiences that prioritize natural interactions and accessibility. They have developed several popular titles, including the award-winning 'Job Simulator' and 'Vacation Simulator', both of which have been well-received by gamers and critics alike. In addition to these titles, Owlchemy Labs has also created 'Rick and Morty: Virtual Rick-ality', which received an Emmy nomination. The studio is known for its innovative approach to VR, focusing on making gaming experiences enjoyable for a wide audience. Since its acquisition by Google in 2017, Owlchemy Labs has continued to push the boundaries of VR gaming, sharing insights and best practices through various channels. Their involvement in the VR community is further exemplified by their founding of VR Austin, a prominent meetup group that fosters collaboration and knowledge sharing among VR enthusiasts.

16. Pico Xr

• Website: picoxr.com
• Ownership type: Corporate
• Headquarters: Mountain View, California, United States (USA)
• Employee distribution: China 60%, Spain 14%, United States (USA) 9%, Other 17%
• Latest funding: $775.0M, August 2021
• Founded year: 2015
• Headcount: 1001-5000
• LinkedIn: picoxreurope

Pico Xr, officially known as PICO Immersive Pte.ltd., is a technology company based in Mountain View, California, founded in 2015. The company specializes in virtual reality (VR) and mixed reality (MR) products, offering a variety of VR headsets and software solutions tailored for both consumer and business markets. Their products enhance immersive experiences across various applications, including entertainment, training, and simulations. Pico Xr's commitment to the VR industry is evident through their extensive product lineup, which includes the PICO 4 and PICO Neo3 series, designed for comfort and high performance. They also support developers through their PICO Developer Platform, providing tools and resources to create engaging VR content. With a significant portion of their workforce located in China and a growing presence in Europe and the USA, Pico Xr is strategically positioned to cater to a global audience. The company has attracted considerable investment, with a reported funding amount of $775 million in August 2021, indicating strong investor confidence in their potential for growth and innovation.

17. BigBox VR

• Website: bigboxvr.com
• Ownership type: Corporate
• Headquarters: Seattle, Washington, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: June 2021
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: bigbox-vr

BigBox VR, based in Seattle, Washington, is a video game developer that specializes in creating virtual reality multiplayer games. Founded in 2016 by a team of industry veterans, the company is recognized for its flagship product, POPULATION: ONE, which offers a unique battle royale experience tailored for VR. The game features a Vertical Combat System that allows players to climb, fly, and engage in combat in a fully immersive environment. BigBox VR aims to innovate within the VR gaming space, focusing on engaging gameplay that fosters social connections among players. The company has not reported any recent funding, indicating a self-sustaining approach to its operations. Their ongoing development efforts and community engagement strategies highlight their commitment to enhancing the VR gaming experience.

18. Cortopia Studios

• Website: cortopia.com
• Ownership type: Private
• Headquarters: Stockholm, Stockholm, Sweden
• Employee distribution: Sweden 100%
• Latest funding: $2.5M, December 2017
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: cortopia

Cortopia Studios, based in Stockholm, Sweden, is a private video game developer that specializes in creating immersive virtual reality experiences. Founded in 2016, the company has gained recognition for its innovative approach to gameplay and storytelling. Cortopia is known for its popular titles, including 'Wands', a competitive VR game that allows players to engage in magical duels, and 'Down the Rabbit Hole', an adventure that invites players into a whimsical world inspired by Lewis Carroll's classic tales. The studio is also working on new projects, such as 'Escaping Wonderland', set to release in 2024. Cortopia has successfully raised funding, including over $2.5 million in 2017, which has supported its growth and development efforts. With a dedicated team of around 31 employees, Cortopia Studios continues to push the boundaries of virtual reality gaming, appealing to both gamers and VR enthusiasts alike.

19. Camouflaj

• Website: camouflaj.com
• Ownership type: Corporate
• Headquarters: Bellevue, Washington, United States (USA)
• Employee distribution: United States (USA) 83%, Japan 11%, United Kingdom (UK) 6%
• Latest funding: October 2022
• Founded year: 2011
• Headcount: 51-200
• LinkedIn: camouflaj-game-studio

Camouflaj is a video game development company based in Bellevue, Washington, founded in 2011. With a team size of approximately 35 employees, they specialize in creating immersive gaming experiences, particularly in the virtual reality space. The company is known for its critically acclaimed titles, including 'Iron Man VR', which was released in 2020, and 'République VR'. These games highlight their focus on innovative gameplay mechanics and compelling storytelling. Camouflaj actively engages with its audience through regular updates and trailers on their website, showcasing their commitment to transparency and community interaction. Their recent work on 'Batman: Arkham Shadow' further emphasizes their ongoing relevance and ambition within the virtual reality gaming industry.

20. Dark Slope

• Website: darkslopestudios.com
• Ownership type: Venture Capital
• Headquarters: Toronto, Ontario, Canada
• Latest funding: August 2022
• Founded year: 2018
• Headcount: 11-50
• LinkedIn: dark-slope-studios

Dark Slope Studios, based in Toronto, Ontario, is a game development studio that specializes in virtual reality and immersive entertainment. Founded in 2018, the company has carved out a niche in creating multiplayer games and providing virtual production services for clients in the entertainment sector. Their innovative approach combines storytelling with advanced technology, aiming to create engaging and inclusive experiences for players. Dark Slope has developed several titles, including 'Doomsday Brothers VR' and 'Scarygirl Mission Maybee', and has collaborated with notable brands in the industry. The studio has also received recognition as an Epic Mega Grant recipient, which underscores their commitment to high-quality content creation. With a team of around 70 employees, Dark Slope is actively expanding its global footprint and enhancing its capabilities in virtual production and metaverse development.

21. Nieko

• Website: niekoplay.com
• Ownership type: Private
• Headquarters: Vilnius, Vilnius, Lithuania
• Employee distribution: Lithuania 95%, Spain 5%
• Founded year: 2015
• Headcount: 11-50
• LinkedIn: niekoplay

Nieko, based in Vilnius, Lithuania, is a private VR studio founded in 2015. The company specializes in virtual reality game development and high-quality game art services. With a team of over 40 professionals, Nieko combines expertise in concept art, 3D modeling, rigging, and animation to create engaging virtual experiences. Their portfolio features original games such as 'Crystal Raiders' and 'Neolithic', highlighting their commitment to crafting immersive narratives and environments. Nieko also collaborates with businesses to develop tailored VR solutions for marketing, education, and interactive experiences, demonstrating their versatility and industry engagement.

22. The Virtual Reality Company

• Website: thevrcompany.com
• Ownership type: Venture Capital
• Headquarters: Los Angeles, California, United States (USA)
• Employee distribution: United States (USA) 78%, Romania 22%
• Latest funding: Series A, $23.0M, June 2016
• Founded year: 2014
• Headcount: 11-50
• LinkedIn: the-virtual-reality-company

The Virtual Reality Company, founded in 2014 and based in Los Angeles, California, is a content studio dedicated to crafting immersive virtual reality experiences. With a team that includes several Academy Award-winning and nominated artists, the company merges storytelling, technology, and art to create unique VR products. Their notable works include 'Jurassic World VR Expedition™', an interactive cinematic VR game that has been featured in over 100 Dave & Buster’s locations, and 'Raising a Rukus', a family-friendly adventure that highlights their commitment to engaging narratives. The company has attracted significant venture capital, securing $23 million in funding in 2016, which underscores their potential in the evolving VR market. With a workforce that spans the United States and Romania, The Virtual Reality Company continues to push the boundaries of what is possible in virtual reality entertainment.

23. Archiact

• Website: archiactvr.com
• Ownership type: Private
• Headquarters: Vancouver, British Columbia, Canada
• Latest funding: August 2021
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: archiact-interactive

Archiact is a virtual reality game studio based in Vancouver, British Columbia, Canada, with a satellite office in Toronto. Established in 2013, the company has grown to employ between 51 and 200 people, showcasing a robust team dedicated to the craft of VR gaming. Archiact specializes in creating immersive gaming experiences that captivate players through rich narratives and engaging gameplay. Their portfolio features a range of titles, including the recently released 'Journey to Foundation', which is self-published, and critically acclaimed games like 'DOOM 3: VR Edition' and 'FREEDIVER: Triton Down'. Archiact is recognized for its innovative approach and commitment to exploring new territories in virtual reality, making it a prominent name in the industry.

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