VR/AR ECOSYSTEM OVERVIEW

Common Categories Major Players Aspiring Players (total capital raised) Equity Capital Raised ($mm) & Number of Deals

Business / Enterprise Microsoft 8i ($42M) Marxent ($14M) 59 9 115 133 117 71 98 65 37

Education Intel (Voke) Atheer ($23M) Niantic ($25M) 10

Number of Deals
Games Oculus AltspaceVR ($16M) NextVR ($116M) 8
Applications

Other Consumer Trimble Blippar ($99M) Virtual Reality ($25M) 6

Virtual Commerce High Fidelity ($38M) WEVR ($38M) 4
Jaunt ($100M) Within Unlimited ($13M) 2
0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2015 2016 2017
= $704M = 53 financings

Application Store Autodesk Oculus Atheer ($23M) ODG ($58M)

61 41 25 142 6 24 197 27 3
SDK Dolby Samsung APX Labs ($29M) SilverVR ($10M) 10
Software Enablers

Number of Deals
VR / AR Engines Google Sony Augmedix ($40M) Unity ($289M) 8
HTC Improbable ($22M) Valve 6
IBM Meta ($73M) 4
Microsoft Occipital ($21M) 2
0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2015 2016 2017
= $519M = 30 financings

Capture Cameras AMD Nvidia Altotech ($10M) Merge Labs ($11M) 61 74 49 43 948* 71 178 95 88
Glasses Epson Oculus Avegant ($35M) MindMaze ($109M) 10

Number of Deals
Headsets Google Qualcomm DAQRI ($15M) ODG ($58M) 8
Hardware

Motion Sensors HTC Samsung Digilens ($22M) Nod ($16M) 6

Semiconductors Intel Snap Fove ($11M) Survios ($54M) 4
Magic Leap ($1.4B) Sony Leap Motion ($45M) Thalmic Labs ($136M) 2
Microsoft Vuzix Lumus ($57M) Technical Illusions ($15m) 0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Lytro ($211M) uSens ($27M)
Mantis Vision ($22M) Virtuix ($16M) 2015 2016 2017
Matterport ($61M)
= $1.6B = 44 financings
* Magic Leap raised $794mm in Q1 2016
Note: includes investments over $10M from 2015 to today