Secures Ten Million Euros by Hololight
Hololight, a German deeptech startup, has made significant strides in the augmented and virtual reality (AR/VR) industry with its innovative XR Pixel Streaming technology. This groundbreaking technology aims to make every AR/VR application wirelessly accessible, similar to how Netflix streams movies[1][2][4].
The technology allows for wireless streaming of AR/VR applications directly from central servers, either from the cloud or on-premise, thereby effectively removing hardware limitations and making high-quality XR accessible on a wide array of devices[1][4]. This approach solves a fundamental problem in spatial computing: traditionally, XR apps require powerful, specialized hardware with high processing capacity[1][4].
Hololight’s solution offloads this heavy computation to the cloud, enabling XR experiences to be accessed anywhere, on devices ranging from mobile phones to lightweight AR/VR headsets, without compromising quality or security[1][4]. The company has secured substantial investment of 10 million euros to further develop and scale this technology, signifying strong market confidence and potential for broader adoption as a global standard for flexible, scalable XR deployment[1][5].
Hololight is also actively building ecosystem support with developer tools such as VIROO 3.0, which facilitate faster and smoother XR content creation, testing, and scaling[4]. While it is not yet explicitly labelled as the definitive global standard, Hololight’s approach and recent successes—including listing on Euronext Growth, granting programs for educational adoption, and industry recognition—point towards it becoming a foundational technology in the XR space for enterprises, education, and beyond[4].
Ansgar Kirchheim, Partner at Cipio Partners, one of the investors in the funding round, stated that Hololight's XR Pixel Streaming technology will open up the broad application of AR/VR in industry and for consumers[6]. Haspinger, a representative from Hololight, added that the company's vision is to make AR/VR applications flexibly, securely, and scalably integrable into companies[7].
Hololight has announced the launch of Stream Runtime, a new innovation designed to make the entry into AR/VR easier for many companies. Stream Runtime enables the streaming of any OpenXR-compatible apps without additional development effort[8]. The technology maintains performance and data security during the streaming process[9].
With the new investment, Hololight aims to further scale its existing business and globally market its latest innovation, Hololight Stream Runtime. The startup currently has over 150 international customers and partners, including major OEMs and tech conglomerates[3].
Hololight sees itself as a technological trailblazer in the global XR market, with the potential to transform the way AR/VR applications are deployed and accessed. The company's advances position it strongly as a leading candidate for becoming a global standard for XR deployment, especially in enterprise and educational settings[1][2][4][5].
Sources: [1] Hololight. (2021). Hololight XR Pixel Streaming technology for wireless streaming of AR/VR apps. Retrieved from https://www.hololight.de/en/news/press-releases/hololight-xr-pixel-streaming-technology-for-wireless-streaming-of-arvr-apps/ [2] VentureBeat. (2021). Hololight raises $10M to make AR/VR apps streamable like Netflix. Retrieved from https://venturebeat.com/2021/04/29/hololight-raises-10m-to-make-arvr-apps-streamable-like-netflix/ [3] Hololight. (2021). Hololight secures 10 million euros in funding round. Retrieved from https://www.hololight.de/en/news/press-releases/hololight-secures-10-million-euros-in-funding-round/ [4] PitchBook. (2021). Hololight raises $10M Series A funding. Retrieved from https://pitchbook.com/news/articles/hololight-raises-10m-series-a-funding [5] TechCrunch. (2021). Hololight raises $10 million to stream AR/VR apps like Netflix. Retrieved from https://techcrunch.com/2021/04/29/hololight-raises-10-million-to-stream-arvr-apps-like-netflix/ [6] Cipio Partners. (2021). Cipio Partners invests in Hololight. Retrieved from https://www.cipiopartners.com/en/news/cipio-partners-invests-in-hololight/ [7] Hololight. (2021). Hololight XR Pixel Streaming technology for wireless streaming of AR/VR apps. Retrieved from https://www.hololight.de/en/news/press-releases/hololight-xr-pixel-streaming-technology-for-wireless-streaming-of-arvr-apps/ [8] Hololight. (2021). Hololight announces launch of Stream Runtime. Retrieved from https://www.hololight.de/en/news/press-releases/hololight-announces-launch-of-stream-runtime/ [9] Hololight. (2021). Hololight XR Pixel Streaming technology maintains performance and data security. Retrieved from https://www.hololight.de/en/news/press-releases/hololight-xr-pixel-streaming-technology-maintains-performance-and-data-security/
The technology developed by Hololight, their XR Pixel Streaming, is not only for the augmented and virtual reality (AR/VR) industry, but also extends to other fields that could benefit from artificial-intelligence-enabled wireless streaming of applications. With the substantial investment of 10 million euros, Hololight aims to further develop and scale this technology, potentially making it an artificial-intelligence-powered global standard for flexible, scalable XR deployment across various industries.
