Innsbruck-based DeepTech company Hololight has secured €10 million in new investment. This funding round, led by European growth fund Cipio Partners, aims to support the global distribution of its XR pixel-streaming technology. Existing investors Bayern Kapital, Direttissima Growth Partners, EnBW New Ventures, and Future Energy Ventures also participated.
Hololight, founded in 2015, provides a technical bridge between XR applications and devices. Its proprietary XR streaming technology pixel-streams applications from cloud or on-premise infrastructure. This process overcomes common device, performance, and security limitations. The company’s goal is to make every AR/VR application available wirelessly, as easily as streaming movies.