Total technology industry virtual and augmented reality deals worth $69.69m were announced globally for December 2020, with the $20m venture financing of Rec Room being the sector’s biggest investment, according to GlobalData’s deals database.
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The value marked an increase of 5.2% over the previous month of $66.24m and a drop of 85.7% when compared with the last 12-month average of $485.96m.
In terms of number of virtual and augmented reality deals, the sector saw a drop of 13.33% with 26 deals in December 2020 when compared to the last 12-month average of 30 deals.
In value terms, North America led the activity with virtual and augmented reality deals worth $44m in December 2020.
technology industry virtual and augmented reality deals in December 2020: Top deals
The top five virtual and augmented reality deals accounted for 74.03% of the overall value during December 2020.
The combined value of the top five virtual and augmented reality deals stood at $51.59m, against the overall value of $69.69m recorded for the month.
The top five technology industry virtual and augmented reality deals of December 2020 tracked by GlobalData were:
1) DAG Ventures, First Round Capital, Index Ventures, Madrona Venture Group and Sequoia Capital’s $20m venture financing of Rec Room
2) The $14m venture financing of MEL Science by Channel four Ventures and Mubadala Investment
3) Nitto Denko’s $8m venture financing of Cosemi Technologies
4) The $6m asset transaction deal of 5518 Studios by 1518 Studios
5) SEAF CEE Growth Fund’s venture financing deal with Deepsense.ai Sp. z o.o for $3.59m.
