VIRNECT, the Seoul, Korea-based industrial XR (Extended Reality) solutions company, announced it raised a $30 million series B round. This round was backed by notable Korean VCs STIC Ventures, Lotte Ventures, strategic investor Hanwha, and institutional investors KTB Network, KB Investment, and KDB Investment Bank. IPO is expected on the KOSDAQ exchange this year.

Founded in 2016, VIRNECT is one of the leading industrial XR solution companies.
It services a wide variety of industries, sites, and problems through its AR technology. VIRNECT has built a class-leading product portfolio: remote collaboration (VIRNECT Remote), AR content authoring/sharing (VIRNECT Make, View), and AR SDK core technology for the creation of XR solutions.
SOURCE VIRNECT

https://virnect.com/

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Virnect, Leading Korean Industrial Xr Solutions Company, Closes $30 Million Series B Round

Virnect, Leading Korean Industrial Xr Solutions Company, Closes $30 Million Series B Round

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