Hololight closes Seed Round
14/05/2018

Financing round successfully completed

innogy Innovation Hub and MCI Entrepreneurial School are partnering up with Hololight. The Mixed and Augmented Reality sector continues high growth course and Hololight is at the forefront.

The innogy Innovation Hub bets big on cutting-edge Mixed and Augmented Reality technology and shows how hugely important it is to them and the energy markets globally. innogy´s accelerator and venture capital arm is always looking for ways to enable new use cases in the energy industry where critical information such as switching systems and machine data can be displayed in AR.

Tyrolean-based MCI has already collaborated with Hololight since spring of 2017 and is now also strengthening it‘s relationship with the young tech-enterprise. Their continued investment and support of Hololight underscores the university’s commitment to becoming an industry leader in the research and development of new technology hardware.

AR and MR solutions, from custom-developed software to in-house hardware

In addition to its wide variety of software products, ranging from prototype representations to quality control, training and planning, and medical applications, Hololight recently collaborated with the MCI’s Technology & Life Sciences Departments to develop the Holo-Stylus, an input device for all head-mounted displays offering incomparable precision when interacting with 3D digital content.

This revolutionary hardware device takes interacting with holograms to a new level and at the same time, with its pen-like design, makes it easier for the technology to gain widespread acceptance and use. The Holo-Stylus is currently available as a development kit and should be ready for series production starting in 2019.

Satisfied partners

“Hololight’s goal is to pave the way for a new way of communicating, learning, and interacting and to provide a breeding ground for future-oriented technologies. We are optimally positioned for this task through our collaboration with the innogy Innovation Hub and MCI and look forward to further growth opportunities.”

Florian Haspinger, CEO and Co-Founder and Michael Oberlechner, CFO, Holo Light

“As an Entrepreneurial University®, MCI positions itself at the interface of business and science. Hololight has brought the MCI on board as an innovation driver. We are pleased to accept this invitation and will do our part to promote application-oriented future technologies.”

Prof. Dr. Andreas Altmann, Rector and Managing Director, and Michael Kraxner, Head of Research, MCI®

“Mixed Reality enables new ways of communication to speed up processes and make knowledge transfer easier. In the power plant environment, for example, critical information such as switching systems and machine data can be displayed in augmented reality. In addition, the technology enables completely new ways to solve issues. Being able to virtually connect specialists, who can often be hundreds of kilometers away, can be a decisive time saving, for example in the maintenance of wind turbines. These are topics that are of great importance to the innogy Innovation Hub and the energy markets globally. The Hololight technology can make a significant contribution to this.”

Patrick Elftmann, Lead ‘Disruptive Digital’, innogy Innovation Hub