# AerinX

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aerinx

- Industry: Aerospace
- Headquarters: Budapest, Hungary
- Website: www.aerinx.com
- Total disclosed funding: $3.5M
- Latest round: Seed (Jul 22, 2020)
- Investors on record: 2

## About

AerinX Ltd. specializes in mixed reality solutions for aircraft skin inspections, enhancing operational efficiency through innovative technology tailored for airlines and maintenance organizations.Founded in 2015 and headquartered in Budapest, Hungary, AerinX Ltd. develops advanced mixed reality applications aimed at streamlining aircraft inspections. The company was co-founded by Bence Kiss, Imre Hanyecz, and Zoltán Wéber, with Bence Kiss serving as the CEO. In July 2020, AerinX raised EUR 2 million in Seed funding led by DBH Investment, bringing the total amount raised to EUR 2 million across three deals.AerinX provides a mixed reality solution designed specifically to enhance aircraft skin inspections. Their flagship product employs stereoscopic 3D smartglasses to overlay structural and damage data directly onto aircraft surfaces, improving the efficiency of inspection workflows. This technology facilitates the registration of damages, offers structured repair manual navigation, and automatically localizes previously noted damages. AerinX's solutions are deployed in various international markets, particularly where aviation and aerospace operations are concentrated.In 2023, AerinX reported a revenue of EUR 95,528.80, with an EBITDA of EUR -162,973.70. The company generates revenue through partnerships with airlines and maintenance, repair, and overhaul (MRO) organizations based on B2B relationships, often structured around service agreements that provide ongoing software access and support.AerinX is focused on expanding its product offerings and market reach. The company is currently developing new mixed reality solutions set to launch in the upcoming year. They aim to penetrate additional international markets, specifically targeting regions with growing aviation industries by 2025. The recent funding of EUR 2 million will be utilized to support these product developments and market expansions.

## Funding rounds

- Seed, Jul 22, 2020, $2.3M — DBH Investment
- Seed, Oct 1, 2019, $0.3M — X-Ventures
- Seed, Dec 20, 2018, $0.9M — X-Ventures

## Investors

- X-Ventures (https://capitalatlas.ai/funds/x-ventures) — Seed
- DBH Investment (https://capitalatlas.ai/funds/dbh-investment) — Seed