In order to find the hottest virtual/augmented reality companies out there, we started with a chart from our friends at CB Insights that shows who the biggest players are when it comes to investing in AR/VR startups. We took the top-5 investors in this space and then had one of our on-staff PHDs come up with a sophisticated algorithm to determine which companies are the hottest as seen below:
(X means two VC firms have invested, not that they don't exist anymore.)