Loft Dynamics, a Zurich, Switzerland- and San Francisco, CA-based provider of a virtual reality (VR) flight simulator, raised $20M in funding.
The round was led by Craft Ventures, Sky Dayton, and Up Ventures. Sky Dayton, investor and founder of Earthlink and Boingo Wireless, is joining Loft Dynamics’ board of directors.
The company intends to use the funds to accelerate its growth into international markets, particularly into the USA.
Led by CEO Fabi Riesen, Loft Dynamics provides a simulator that pilots with a highly realistic and immersive flight experience. They combine panoramic views inside and outside the aircraft – from exact perspectives to precise colors, shading, vibrations, better visual cues, realistic motion and sound characteristics. The pilot experiences the correct loads and force feedback from flight controls and is fully immersed.
Loft Dynamics is already serving customers such as Airbus Helicopters, Air Zermatt, Colorado Highland Helicopters, Helitrans Norway, Meravo, and Mountainflyers.
FinSMEs
06/12/2022