Inflight VR, a Barcelona, Spain- and Munich, Germany-based virtual reality startup, closed an investment round that brings total funds raised to date to €4m.
Backers included Motu Ventures and CBC Investments, Stefan Lauer, and Dr. Carsten Berrar.
The company intends to use the funds for the further roll outs with multiple clients across different industries and use cases and to generate valuable data about content performance, user behavior and business models.
Established in 2014 by Moritz Engler, and Chief Executive Officer, Inflight VR provides businesses in various travel industries with Virtual Reality entertainment solutions.
Its multinational team of Virtual Reality experts has developed a solution serving transportation companies’ business needs by enabling a seamless deployment of an immersive and high quality virtual reality entertainment system with ancillary revenue opportunities, thanks to individual stand-alone VR headsets. Inflight VR has been deployed on busses, airlines and lounges in Asia, Europe, the Middle East and North America, so far.
Lounge operators like Aviapartner and Star Alliance, airlines such as Iberia, Jin Air, Singapore Airlines, SunExpress or EL AL and FlixBus have been early
adopters of the company’s technology.