AerinX, a Budapest, Hungary-based company that develops and provides digital aircraft maintenance solutions, raised €2M in Pre Series A funding.
Takarék Venture Capital Fund I, which is a member of one of Hungary’s largest financial services provider, Takarék Group, made the investment.
The company intends to use the funds to accelerate its technological research and development as well as business development activities to enter international markets with its mixed reality (MR) system for the external inspection and maintenance of aircraft and other aerial vehicles early next year.
Led by Antal Bence Kiss, Co-Founder and CEO, AerinX develops innovative hi-tech solutions assisting with external surface checks and the conduct of related maintenance of aircraft. The company’s first product is a mixed reality (MR)-based aircraft inspection system that supports the work of professionals with external surface inspection of airplanes and other aircrafts, together with the related maintenance tasks. The system, which accelerates workflows, is already being used in test phase since the beginning of this year by Aeroplex of Central Europe, which is one the largest MRO (maintenance, repair and overhaul) companies in Central Europe. Besides Aeroplex, other major international aircraft maintenance companies are starting to use AerinX’s MR system soon within the frameworks of the company’s Early Adopter Program.