Investment enables expansion of international distribution and further adaptation of products to meet the requirements of industrial customers
The Augmented Reality startup Holo-Light, based in Ismaning near Munich, recently closed a €4 million Series A financing deal. The aim is to create the basis for further international growth. The investors are EnBW New Ventures GmbH and Bayern Kapital GmbH together with Toprope Ventures GmbH and the existing investor innogy Innovation Hub.
MCI Rector Andreas Altmann is delighted with this new development: "Holo-Light brought MCI on board as a technology and innovation driver. Since 2017, we have been linked together through an in-depth and fruitful cooperation, which, through an affiliation in 2018, we were able to intensify further. We look forward to many more common challenges." Holo-Light CEO and co-founder Florian Haspinger adds: "This investment enables us to expand the distribution structure and scalability of the product and underlines the trust of customers, partners and investors in our team and our technology.
Since 2015, Holo-Light has been successfully developing software for customers in industrial sectors such as mechanical engineering and the automotive industry. The company is redefining the field of engineering in applications such as prototype construction, or the planning of production facilities. The multiple award-winning Holo-Stylus, a digital input device with an unprecedented level of precision, jointly developed by MCI and Holo-Light, has attracted international attention. Using Holo-Stylus and the augmented reality software Holo-View, engineers can design, create, edit and optimize 3D content in cooperation with other participants.
Holo-Light press release