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Articles for tag Loft Dynamics AG


Loft Dynamics, Formerly VRM Switzerland, Raises $20M to Transform Virtual Reality Pilot Training

Posted by Admin

5 December, 2022 — Zurich, Switzerland and San Francisco, CA - Loft Dynamics AG, creator of the world’s first and only virtual reality (VR) simulator authorized by a major aviation regulator, today announced it has re-branded and raised $20M in financing. This is the company’s first institutional round, led by U.S. technology investors Craft Ventures, Sky Dayton, and Up Ventures. The funding will accelerate Loft Dynamics’ growth into international markets, particularly the USA. The rebranding from VRM Switzerland to Loft Dynamics positions the company for global expansion at a time when the pilot shortage has reached a crisis point and the need to reduce air pollution has never been more urgent.

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Tags: Loft Dynamics AG VR VRM Switzerland
Categories: Press Releases