Hololight Secures Major Investment for Growth

In a significant move for the augmented and virtual reality sector, Hololight has announced a hefty €10 million (approximately $10.8 million) investment aimed at boosting the global distribution and enhancement of its cutting-edge pixel-streaming technology.

Backed by Major Investors

The funding round was spearheaded by Cipio Partners, a European growth fund, alongside contributions from established supporters such as Bayern Kapital, Direttissima Growth Partners, EnBW New Ventures, and Future Energy Ventures.

Revolutionizing AR/VR with Pixel-Streaming

Hololight’s innovative pixel-streaming technology allows AR and VR applications to be streamed seamlessly from central servers to various devices without sacrificing performance or compromising data security. This groundbreaking technology enables businesses to scale immersive applications with remarkable ease, facilitating the development of more powerful and user-friendly devices.

Vision for Wireless AR/VR

CEO and co-founder Florian Haspinger emphasizes the company’s ambition, stating, "We aim to make every AR/VR application available wirelessly, as accessible as Netflix movies are today." He believes that with ongoing advancements and new product launches, Hololight is solidifying its position as a trailblazer in the industry.

Introducing Hololight Stream Runtime

Their latest innovation, Hololight Stream Runtime, enables OpenXR-compatible applications to be streamed to AR and VR devices without requiring extra development, a critical advancement for wider enterprise adoption.

A Bright Future Ahead

Dr. Ansgar Kirchheim from Cipio Partners highlighted the potential of Hololight’s XR pixel-streaming technology to expand the use of AR and VR across various industries and eventually for consumers. This investment will enable Hololight to scale its current operations while promoting the Hololight Stream Runtime globally.

Growing Clientele and Future Goals

Hololight boasts a client base of over 150 international partners, including some of the foremost technology companies and original equipment manufacturers (OEMs). Haspinger concludes, "Our vision is clear: succeeding in AR/VR requires XR pixel-streaming. We are poised to elevate AR/VR to new heights."