Hololight obtains 10 million euros in funding
In the rapidly evolving world of Extended Reality (XR), a Munich-based deeptech startup named Hololight is making waves. The company, which sees itself as a technological pioneer in XR pixel streaming, has recently secured a €10 million funding round, led by European growth fund Cipio Partners.
Hololight's unique XR pixel streaming technology is designed to overcome the challenges of current XR adoption, particularly hardware limitations and the inability to efficiently run complex 3D applications on lightweight or fragmented devices. By rendering applications remotely on powerful servers and streaming only the resulting pixels to end-user devices, Hololight's technology promises scalable, secure, and high-fidelity immersive experiences without the need for specialized hardware.
The company's proprietary XR pixel-streaming platform, Hololight Stream, is positioning Hololight as the "Netflix of XR." It streams AR/VR content in real time from cloud or on-premises servers to any compatible device, eliminating device limitations while ensuring high data security. Hololight's platform supports OpenXR-compatible applications, making it highly flexible and enterprise-ready.
Ansgar Kirchheim, Partner at Cipio Partners, explained the investment, stating, "Hololight is taking AR/VR to the next level with its XR pixel streaming technology. Their goal is to make every AR/VR application available wirelessly, as easy and accessible as Netflix streams movies."
The funds from the recent funding round will be used to accelerate the global rollout and further development of Hololight's XR streaming solutions. Hololight plans to scale its existing business and market its latest innovation, Hololight Stream Runtime, worldwide. The company's vision is to make AR/VR applications flexible, secure, and scalable for companies using XR pixel streaming.
Hololight is not alone in its mission. Existing investors Bayern Kapital, Direttissima Growth Partners, EnBW New Ventures, and Future Energy Ventures are also participating in the funding round. The company is also strengthening its pioneering role by collaborating with partners such as NVIDIA, Qualcomm, Snap, Meta, and others.
With over 150 international customers and partners, including major OEMs and technology companies, Hololight is poised to further expand its position in the global XR market. The global outlook for XR pixel streaming is highly promising, driven by the increasing demand for scalable, high-performance, and device-agnostic XR solutions across industries such as engineering, automotive, and manufacturing.
In summary, Hololight's XR pixel streaming technology is set to revolutionize the way we interact with AR/VR applications, making them scalable, secure, and accessible across diverse hardware. With substantial investment and strategic partnerships, Hololight is well on its way to becoming a global leader in immersive streaming software.
Startups like Hololight, with their innovation in XR pixel streaming technology, are reshaping the future of AR/VR applications. The technology, powered by artificial-intelligence, promotes scalable, secure, and high-fidelity immersive experiences, breaking traditional device limitations.
The recent funding round, led by Cipio Partners, will facilitate Hololight's global growth, allowing them to further develop their XR streaming solutions and market their artificial-intelligence powered technology to startups and enterprises worldwide.
