Hololight Raises €10M in Funding for AR/VR Pixel-Streaming Technology
Summary:
- Hololight, a company based in Innsbruck, Austria, has secured €10M in funding for its AR/VR pixel-streaming technology.
- The investment was led by Cipio Partners and included participation from Bayern Kapital, Direttissima Growth Partners, EnBW New Ventures, and Future Energy Ventures.
- The funding will be used to expand global distribution and continue enhancing Hololight’s vision of making XR pixel-streaming accessible in the AR/VR market.
Article:
Hololight, a leading developer of AR/VR pixel-streaming technology based in Innsbruck, Austria, has successfully raised €10M in funding. This significant investment, led by Cipio Partners and supported by Bayern Kapital, Direttissima Growth Partners, EnBW New Ventures, and Future Energy Ventures, marks a pivotal moment for the company.
With this funding, Hololight aims to accelerate the global distribution of its cutting-edge products and further advance its mission to democratize XR pixel-streaming technology within the AR/VR market. CEO Florian Haspinger leads the company in providing a crucial technical bridge between XR applications and XR devices.
Powered by its proprietary XR streaming technology, Hololight is revolutionizing the way XR applications are delivered, overcoming traditional limitations related to device compatibility, performance optimization, and security protocols. This innovative approach is set to reshape the landscape of AR/VR technology and drive the industry forward.
Overall, Hololight’s recent funding round signifies a strong vote of confidence in the company’s vision and capabilities. As they continue to push the boundaries of AR/VR pixel-streaming technology, Hololight is poised to make a significant impact on the future of immersive experiences and digital innovation.