Top 10 VR game development companies in 2023

The gaming industry has been revolutionized by the emergence of virtual reality (VR) technology. VR video games offer players a truly immersive experience that blurs the line between the real world and the virtual world. With the rise in popularity of VR headsets such as the Oculus Rift, HTC Vive, and PlayStation VR, more and more companies are investing in VR game development. Infact VR has taken over Augmented Reality when it comes to gaming. The number of VR games out there are far more than AR games.

In this article, we will be looking at the top 10 VR game development companies in 2023.

Valve Corporation

Valve Corporation, a well-known video game developer and publisher, has made significant strides in the VR game development industry in recent years. Founded in 1996 and based in Bellevue, Washington, Valve is most famous for its Half-Life and Portal franchises, among others.

Valve has been a prominent player in the VR industry since the launch of their flagship product, the HTC Vive. The HTC Vive is a VR headset designed and developed by HTC and Valve, with Valve being responsible for the software development side of the project. The headset was released in April 2016 and has been a popular choice among VR enthusiasts and gamers alike.

Valve has developed several VR games, including “The Lab,” “Aperture Hand Lab,” and “Half-Life: Alyx.” “The Lab” is a VR playground designed to showcase the capabilities of the HTC Vive and is available for free on Steam, Valve’s digital distribution platform. “Aperture Hand Lab” is a VR game designed to test and improve hand tracking in VR, and “Half-Life: Alyx” is the latest installment in the popular Half-Life franchise, released in March 2020.

Valve is known for its innovative and immersive VR experiences, and this is reflected in the company’s use of cutting-edge VR technologies. The company uses Valve Index, a VR headset developed by Valve, to create its VR games. The Valve Index features high-resolution displays, precise hand tracking, and advanced audio technology, all of which contribute to creating a highly immersive VR experience.

Valve’s expertise in the gaming industry, combined with its commitment to innovation and immersive experiences, has made it one of the top VR game development companies in the world. With the release of “Half-Life: Alyx” and continued development of new VR games and technologies, Valve is poised to remain a major player in the VR industry for years to come.

Oculus Studios

Oculus Studios is a division of Oculus, a subsidiary of Facebook Technologies, LLC, that focuses on VR game development. The studio is situated in Menlo Park, California, and was established in 2015 to develop virtual reality games, applications, and experiences for the Oculus Rift and Oculus Quest headsets. Oculus Studios collaborates with external game developers to create games that provide an immersive experience for VR users.

Oculus Studios has released several VR games, including “Lone Echo,” “Robo Recall,” “Defector,” and “Asgard’s Wrath.” “Lone Echo” is a space adventure game that takes place in the future, where players take on the role of an astronaut aboard a space station orbiting Saturn. “Robo Recall” is a first-person shooter game where players are tasked with destroying malfunctioning robots in a futuristic city. “Defector” is an action-adventure game where players take on the role of a spy on a mission to stop a global threat. “Asgard’s Wrath” is an action role-playing game that takes place in a world inspired by Norse mythology.

Oculus Studios uses the Oculus SDK (software development kit) and Unity game engine to create its VR games. The Oculus SDK provides developers with the tools and resources they need to build high-quality VR experiences, while Unity is a popular game engine that provides a wide range of tools and features for creating games.

In addition to developing its own games, Oculus Studios also partners with other VR game development companies to bring their games to the Oculus platform. Oculus Studios is committed to providing high-quality VR games and experiences that showcase the potential of virtual reality technology.

Cloudhead Games

Cloudhead Games is a VR game development company located in Vancouver, Canada. Founded in 2012, the company has established a reputation for its focus on narrative-driven VR experiences that are both engaging and immersive. They aim to provide the best possible experience for VR players by creating high-quality content that is both technically impressive and emotionally resonant.

One of Cloudhead Games’ most notable projects is The Gallery, an episodic adventure game that takes players on an immersive journey through an otherworldly realm. The game was widely praised for its stunning visuals, captivating storyline, and innovative use of VR technology. The first episode of The Gallery was released in 2016, and the second episode was released in 2018.

Cloudhead Games has also worked on other VR projects, including Heart of the Emberstone and Pistol Whip. Heart of the Emberstone is a puzzle-adventure game that takes place in a mysterious, ancient world. Pistol Whip is an action-packed rhythm game that combines fast-paced shooting and music to create an intense, immersive experience.

In terms of VR technology, Cloudhead Games uses the Unity engine, which is one of the most popular game engines for VR development. They also make use of a variety of VR headsets, including the Oculus Rift, HTC Vive, and PlayStation VR. Additionally, they are constantly experimenting with new technologies and techniques to create the best possible VR experiences for their players.

Overall, Cloudhead Games is a company that is passionate about VR and creating immersive experiences for players. Their focus on narrative-driven content and their commitment to using the latest VR technology make them a company to watch in the gaming industry.


ILMxLAB is a pioneering VR game development company that is revolutionizing the way we interact with virtual environments. The company is headquartered in San Francisco, California, and is a subsidiary of Lucasfilm, the production company behind the Star Wars franchise. ILMxLAB is dedicated to creating immersive experiences that blur the lines between the real world and the virtual world.

The company’s VR games are among the most visually stunning and engaging on the market, and they utilize cutting-edge technologies to create lifelike environments and characters. One of the key technologies that ILMxLAB uses is Unreal Engine, a game engine developed by Epic Games that enables developers to create highly realistic environments and characters.

One of the most notable VR games created by ILMxLAB is Vader Immortal: A Star Wars VR Series, which was released in 2019. The game allows players to step into the shoes of a smuggler who is drawn into a conflict with Darth Vader, the iconic villain from the Star Wars franchise. The game’s graphics are incredibly detailed and immersive, and players feel as though they are truly part of the Star Wars universe.

In addition to Vader Immortal, ILMxLAB has created several other VR experiences, including Trials on Tatooine, a short but immersive experience that puts players in the shoes of a Jedi Padawan on the planet Tatooine. The company has also worked on several VR projects that are not strictly games, such as a VR experience based on the Disney film The Lion King.

Overall, ILMxLAB is a leader in the VR game development industry, and its innovative use of technology and dedication to immersive experiences make it a company to watch in the coming years.


Polyarc is a Seattle-based game development studio that focuses on creating immersive experiences for players in VR. The company was founded in 2015 by a team of game industry veterans who have worked on popular titles like Destiny, Halo, and Red Dead Redemption. Polyarc’s main goal is to push the boundaries of what is possible in virtual reality by creating unique, story-driven games that take full advantage of the technology.

Polyarc’s debut title, Moss, is a beautiful puzzle-platformer game that takes players on an adventure through a magical forest as they control a small mouse named Quill. The game features stunning graphics, engaging gameplay, and a touching story that players can immerse themselves in. Moss has been widely praised for its innovative use of VR, and it has won numerous awards since its release in 2018.

In addition to Moss, Polyarc has also developed a DLC pack for the game called Twilight Garden, which features new puzzles and environments for players to explore. The company has also worked on other VR projects, including a virtual reality experience for the Star Wars franchise called Vader Immortal.

Polyarc’s development team uses a variety of tools and technologies to create their VR games, including Unreal Engine 4, Maya, and ZBrush. The studio is committed to creating games that are accessible to all players, regardless of their level of experience with virtual reality. They aim to make their games easy to pick up and play, while still providing a deep and immersive experience for players.


Survios is a leading VR game development company that was founded in 2013 by a group of passionate gamers and developers. Based in Los Angeles, California, Survios specializes in developing immersive virtual reality games that push the boundaries of what is possible with the technology. The company has been at the forefront of VR game development since the early days of the industry, and has created some of the most popular and critically acclaimed VR games on the market.

One of Survios’ most popular games is “Raw Data”, a fast-paced action game that challenges players to fight off waves of robots in a futuristic world. The game was one of the first VR games to feature full body presence, which allows players to see their entire body and interact with the environment in a more natural way. Survios has also developed “Sprint Vector”, a VR racing game that uses a unique movement system that allows players to move by swinging their arms in a running motion.

Survios’ commitment to creating immersive and engaging VR experiences has earned them a reputation as one of the top VR game development companies in the world. The company uses cutting-edge technology to create realistic environments and seamless gameplay, and is constantly pushing the boundaries of what is possible in the VR gaming industry.

Fast Travel Games

Fast Travel Games is a Swedish VR game development company founded in 2016, with a mission to create immersive and engaging virtual reality experiences. The company is based in Stockholm and has quickly established itself as a leading VR game development company.

One of their most popular games is Apex Construct, an action-packed adventure game set in a post-apocalyptic world. Players take on the role of a survivor who must explore the ruins of civilization, fight against rogue robots, and unravel the mystery behind the downfall of humanity.

Fast Travel Games is committed to creating high-quality, immersive VR games with a focus on user experience. They use cutting-edge VR technologies, such as the Oculus Rift, HTC Vive, and PlayStation VR, to create realistic and immersive experiences for players. Their team includes experienced VR game developers, designers, and artists who are passionate about pushing the boundaries of VR game development.

The company also offers virtual reality game development services, providing custom solutions to businesses looking to incorporate VR into their products or services. Fast Travel Games works with clients across various industries, including healthcare, real estate, and education, to create VR experiences that meet their specific needs.

Fast Travel Games has received critical acclaim for its innovative approach to VR game development. The company has won numerous awards, including the Best VR Game Developer award at the Nordic Game Awards in 2019. Their commitment to creating immersive and engaging VR experiences makes them a top VR game development company in the gaming industry.


Archiact is a virtual reality game development company based in Vancouver, Canada. Founded in 2013, Archiact has quickly become a major player in the VR industry, focusing on creating high-quality, immersive games and experiences.

Archiact has a wide range of VR games and experiences in their portfolio, including popular titles such as “Evasion,” “Waddle Home,” and “Hidden Fortune.” Their games cover a variety of genres, from action-packed shooters to puzzle games and escape rooms.

One of Archiact’s biggest strengths is their commitment to innovation and pushing the boundaries of what’s possible in VR. They use a variety of cutting-edge technologies to create unique and immersive experiences, including haptic feedback, motion tracking, and spatial audio.

Archiact’s team is made up of experienced VR developers and designers who are passionate about creating amazing VR experiences. They work closely with their clients to understand their vision and goals, and use their expertise to bring those ideas to life in VR.

Schell Games

Schell Games is a video game development company based in Pittsburgh, Pennsylvania that was founded in 2002 by Jesse Schell. The company has made a name for itself as a leading creator of virtual reality games and experiences. Schell Games specializes in designing games that promote education, social interaction, and positive behavioral change.

One of Schell Games’ most popular VR games is I Expect You to Die, a spy-themed puzzle game where players must use their wits to solve various challenges and avoid death. The game has received critical acclaim for its clever puzzles, immersive environment, and engaging storyline. In addition to I Expect You to Die, Schell Games has also developed other VR titles such as Until You Fall, HoloLAB Champions, and SuperChem VR.

Schell Games has worked with a variety of VR headsets including Oculus Rift, HTC Vive, and PlayStation VR. They have also developed games and experiences for mobile devices and console platforms. The company has been recognized for its innovative approach to game development, and has won numerous awards for its work in the VR gaming industry.

Schell Games prides itself on creating games with a strong focus on user experience. Their games are designed to be intuitive and engaging, with a focus on delivering an immersive experience for players. The company uses cutting-edge technology and employs a team of experienced game developers to bring their ideas to life.

Ready At Dawn

Ready At Dawn was founded in 2003 and has since developed some of the most popular games in the market. The company is situated in Irvine, California, and has created games for various platforms such as PlayStation, Xbox, and Oculus.

When it comes to VR game development, Ready At Dawn is known for its critically acclaimed title “Lone Echo.” The game was released in 2017 and was developed exclusively for Oculus Rift. It is a zero-gravity experience that allows players to explore a virtual space station and interact with its various systems and environments. The game received high praise for its immersive experience and impressive graphics.

Ready At Dawn’s focus on VR games has made them experts in the field, and they use the latest technologies to create their games. They use Unreal Engine, a popular game engine that allows developers to create high-quality graphics and immersive environments. They also use motion capture technology to create realistic animations and movements for their characters.

Aside from VR games, Ready At Dawn has also developed several mobile games, such as “Deformers” and “God of War: Chains of Olympus.” The company has a strong focus on user experience and has been praised for its attention to detail and innovation in game development. They are constantly pushing the boundaries of what is possible in the gaming industry, and their dedication to creating immersive experiences is evident in their work.


The gaming industry has seen a significant shift towards VR games, and these top 10 VR studios are at the forefront of this innovation. Each company brings something unique to the table. All of these companies are developing VR games focused on VR headsets with little to no focus on mobile apps. As VR technology continues to evolve and become more accessible, we can expect to see even more exciting developments from these VR game developers in the future.

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