# VRgineers

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

- Industry: Hardware
- Headquarters: Prague, Czech Republic
- Website: www.vrgineers.com
- Total disclosed funding: $7M
- Latest round: Series A (Nov 15, 2023)
- Investors on record: 4

## About

Based in Prague, Czech Republic, VRgineers, Inc. specializes in advanced virtual and mixed reality training systems, serving military and aviation clients with innovative technology solutions.VRgineers, Inc. provides high-resolution virtual and mixed reality training systems for professional and military applications. Founded in 2017 by Marek Polcák and Václav Bittner, the company has completed 2 funding deals, with its latest Series A round in November 2023 raising USD 6.000 mn, led by Taiwania Capital and featuring participation from several investors including Nation 1 and Y Soft Venture Capital. The firm is headquartered in Prague, Czech Republic.VRgineers focuses on high-resolution virtual and mixed reality training systems tailored for military and professional clients. Their flagship products include the XTAL MR/VR headsets for pilot training and the Somnium VR/MR headsets, designed for immersive training experiences. These headsets integrate seamlessly with advanced aviation simulators, supporting a wide range of aircraft types and training scenarios, and are utilized by military organizations and commercial airlines like KLM Royal Dutch Airlines.In 2017, VRgineers reported a revenue of USD 119,345.40. The company earns income primarily through the sale of its training systems, including both the XTAL and Somnium headsets, complemented by services such as training facilities and support. Their B2B model fosters long-term contracts with clients, often incorporating subscription-based software updates and additional training scenarios.Following a recent funding round of USD 6.000 mn on November 15, 2023, led by Taiwania Capital, VRgineers will direct these resources towards its growth projects. The company plans to enhance its product line and expand its market presence, focusing on new geographic regions and sectors that require advanced training solutions. Specific details on upcoming product launches have yet to be disclosed, but the funding will be instrumental in supporting these initiatives.

## Funding rounds

- Series A, Nov 15, 2023, $6M — Y Soft Venture Capital, Taiwania Capital, Nation 1, Somnium Space Ltd.
- Seed, Aug 1, 2019, $1M — Nation 1

## Investors

- Nation 1 (https://capitalatlas.ai/funds/nation-1) — Seed, Series A
- Y Soft Venture Capital (https://capitalatlas.ai/funds/y-soft-venture-capital) — Series A
- Taiwania Capital (https://capitalatlas.ai/funds/taiwania-capital) — Series A
- Somnium Space Ltd. — Series A