# Innoactive

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

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.innoactive.de
- Total disclosed funding: $5.3M
- Latest round: Series A (Apr 25, 2018)
- Investors on record: 2

## About

Innoactive GmbH delivers advanced XR Streaming solutions, utilizing NVIDIA Omniverse technology to enhance 3D workflows and immersive training across various sectors including manufacturing and architecture.Founded in 2013 and headquartered in Munich, Germany, Innoactive GmbH offers XR solutions that facilitate virtual reality applications. The company raised EUR 4.4 million in Series A funding led by Unternehmertum Venture Capital on April 25, 2018, targeting the development of its XR Streaming platform. Daniel Seidl, the co-founder and CEO, has played a crucial role in the company's growth, although there is no record of prior ventures.Innoactive specializes in XR Streaming solutions, primarily leveraging NVIDIA Omniverse technology to deliver enhanced 3D digital twin workflows and immersive training experiences across various industries, including manufacturing, oil and gas, and architecture, engineering, and construction (AEC). The core offerings include the Innoactive XR Streaming platform, facilitating seamless cross-platform access to virtual reality (VR) applications, enabling real-time collaboration and high-performance rendering powered by NVIDIA RTX GPUs. Clients utilize these services to improve operational efficiencies, conduct design reviews, and facilitate immersive training programs without the need for physical prototypes.Innoactive's revenue model is built around providing enterprise-grade XR solutions through a subscription-based pricing structure. Businesses engage with Innoactive by subscribing to their Portal platform, which offers features like multi-user collaboration and integration with Learning Management Systems (LMS) for streamlined training deployments. Transactions occur primarily in a B2B context, where large enterprises contract services to deploy VR training and collaborative applications across their workforce, reflecting their commitment to delivering comprehensive XR capabilities.Innoactive GmbH plans to utilize the EUR 4.4 million raised from the Series A funding in June 2018 to further enhance its product offerings and expand into new markets, specifically targeting North America, Europe, and Asia-Pacific by 2024. The company is designing new features for its Portal platform to improve user engagement and collaboration. Upcoming releases are expected to include enhancements that cater to the evolving needs of enterprises seeking to modernize their training and design processes.

## Funding rounds

- Series A, Apr 25, 2018, $5.3M — Capnamic, Unternehmertum Venture Capital

## Investors

- Capnamic (https://capitalatlas.ai/funds/capnamic) — Series A
- Unternehmertum Venture Capital (https://capitalatlas.ai/funds/unternehmertum-venture-capital) — Series A