Hololight receives 11.4 million euros in Series B funding

Bayern Kapital and other investors invest in Hololight: The company plans to use fresh capital to expand its XR technologies for various industrial sectors.

Hololight, an expert in AR and VR solutions for the enterprise sector, has successfully closed a Series B financing round of 11.4 million euros. The round was led by Flatz Hoffmann and included participation from investors such as Bayern Kapital, EnBW New Ventures and Future Energy Ventures. This brings the company's total investment to around 25 million euros. These funds will mainly be used for the further development of the XR streaming platform "Hololight Hub".

Our approach not only offers improved data security and infrastructure flexibility, but also enables true-to-life XR experiences and global availability

Florian Haspinger, CEO of Hololight

Since its founding in 2015, the startup has worked as a proven enterprise streaming platform in the AR/VR space, winning over 150 customers such as BMW, Nokia and Amazon Web Services. The company has set the standard for XR streaming and promises broad application in the digital transformation of various industries.

Hololight impressively demonstrates the innovative strength of European companies in the XR sector. Its ability to compete in the global market reflects the strength and potential of European technology leaders

Monika Steger, Managing Director of Bayern Kapital

The "Hololight Hub" platform allows companies worldwide easy access to XR applications. These are used to improve industrial processes in product development, manufacturing, training and service. The investment aims to further develop the platform and expand the customer portfolio in industries such as automotive, aerospace and mechanical engineering.

With the Bavarian Growth Fund 2, we are helping such companies to successfully navigate through decisive growth phases. In this way, we are further expanding Bavaria's position as a leading location for high-tech innovations.

Hubert Aiwanger, Bavarian Minister of Economic Affairs

With its platform, Hololight focuses on the increasing demand for streaming in times of spatial computing and industrial XR. In particular, the company addresses challenges in data management, processing and security in industrial scenarios. The financing round and the investment in the development of the "Hololight Hub" underline the company's commitment to advancing AR/VR technologies for various industries.