Holo-Light, an augmented reality start-up based in Ismaning near Munich, recently closed a €4 million Series A financing. This is intended to create the starting point for further international growth. 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 development step: "Holo-Light has brought the MCI on board as a technology and innovation driver. Since 2017, we have enjoyed an intensive and fruitful collaboration, which we were able to further deepen in 2018 with an investment. We look forward to many more challenges together." Holo-Light CEO and co-founder Florian Haspinger adds: "This investment enables us to expand the sales structure as well as increase the scalability of the product and underlines the trust of customers, partners and investors in our team and technology."
Holo-Light has been successfully developing software for customers from industrial sectors such as mechanical engineering and the automotive industry since 2015. In the process, the company is redefining the field of engineering in areas of application such as prototype construction or the planning of production facilities. The Holo-Stylus, a digital input device with an unprecedented level of precision, developed jointly by MCI and Holo-Light and winner of several awards, has attracted international attention. Using the Holo-Stylus together with the augmented reality software Holo-View, engineers can design, create, edit and optimise 3D content together with other participants.