Munich-based HOLOGATE bags €8.3 million Series A to expand interaction with virtual humans worldwide

This investment will propel us towards ambitious goals in this era of spatial computing, play a vital role in our plans for strategic hiring, explore new markets, innovate with new products and ultimately supercharge our growth. The company pioneers turnkey extended reality (XR) solutions for entertainment and enterprise and has an impressive track record as the world’s largest location-based VR network, spanning 42 countries and over 450 locations. Since the start of the company, HOLOGATE has captivated over 18 million players with an array of interactive — and immersive — entertainment products and blockbuster IPs such as Ghostbusters and Angry Birds. Filip Dames, Founding Partner of Cherry Ventures, commented: “When we first teamed up with Leif, Hologate was setting out — and succeeding — on an entertainment-focused vision for their XR. Now, with their ability to replicate everything from the visualizations to the interactions of real-life scenarios, Hologate is helping, to start, law enforcement professionals train in intense environments with fewer resources, less risk, and greater effect.” Robert Zipp, Head of Bolero Holdings, added: “We are excited to have co-led this funding round, showcasing our strong belief in the immense potential of extended reality technology.