How much did Vrgineers raise?

Vrgineers raised an undisclosed amount in a Series A round on November 28, 2023.

Who invested in Vrgineers?

Mitch Yang, Nation 1 and Taiwania Capital are named as investors in this round.

Who are the decision-makers at Vrgineers?

Fundz holds 1 contact at Vrgineers. Names and contact details are shown to Fundz members.

Vrgineers Successfully Closes 6 Million Usd Series A Investment

PRIVATENov 28, 2023

Round Type

Series A

DoverHardware

Investors

Mitch YangNation 1Taiwania Capital

Description

Vrgineers, a US-Czech company, has announced a Series A investment of 6 mil. USD that promises to accelerate the company's growth.

Quick answer

Vrgineers raised an undisclosed amount in a Series A round, dated November 28, 2023. Investors: Mitch Yang, Nation 1 and Taiwania Capital. Vrgineers is based in Dover, Delaware, United States.

How much did Vrgineers raise?: Vrgineers raised an undisclosed amount in a Series A round on November 28, 2023.
Who invested in Vrgineers?: Mitch Yang, Nation 1 and Taiwania Capital are named as investors in this round.
What does Vrgineers do?: Vrgineers Inc. is a leader in delivering next-generation virtual and mixed reality pilot training systems (Synthetic Training Environment, STE) for professional and military clients.
Where is Vrgineers based and how big is it?: Vrgineers is based in Dover, Delaware, United States.
Who are the decision-makers at Vrgineers?: Fundz holds 1 contact at Vrgineers. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware around the same time

Companies in the same sectors as Vrgineers that raised within 45 days of this round, from Fundz verified event records.

shaka raised $1M (Seed) on January 11, 2024.
DZS raised $25M (Funding Round) on January 5, 2024.
Lightmatter raised an undisclosed amount (Funding Round) on December 19, 2023.
Element Solutions raised $1.1B (Debt Financing) on December 18, 2023.
Numeracle raised $6.8M on December 13, 2023.
Actility raised $17M (Funding Round) on December 7, 2023.

Who to call at Vrgineers, and when

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Company Information

Company

Vrgineers

Location

Dover, Delaware, United States

About

Vrgineers Inc. is a leader in delivering next-generation virtual and mixed reality pilot training systems (Synthetic Training Environment, STE) for professional and military clients. The company develops and manufactures the XTAL, a virtual and mixed reality headset with the highest fidelity and the widest field of view available on the market. The XTAL VR headset won the prestigious Red Dot Product Design Award in 2020. Vrgineers was also one of the finalists of the VR Awards 2021 in the VR Hardware of the Year category with the XTAL Mixed Reality Module. Vrgineers’ simulator portfolio includes portable trainers ready to be packed and taken on mission; reconfigurable classroom simulators that support all major platforms from the T6 Texan to the F35; and custom-build simulators that are specific to the platform and include fully-functional cockpit replicas with real instrument panels. All simulators employ the XTAL headset featuring a market-leading 180° field of view at 8K resolution including the option of a mixed-reality module. Recognized as a technological leader, Vrgineers actively improves the training experience based on feedback from clients like the U.S. Air Force, U.S. Navy, the Royal Air Force, Lockheed Martin, Gulfstream, BAE Systems, NASA, and other technological pioneers. Vrgineers was co-founded in 2017 by CEO Marek Polcak and currently employs an international team of 50 specialists that combine a high level of technical skills (mostly Ph.D. and engineering graduates) with industry professionals.

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What this usually means

Typical timeline to Series B

Series A companies typically raise their next round in 10-18 months

Vrgineers raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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