About Bolverk XR
Bolverk XR is a company based in Copenhagen (Denmark) founded in 2017 by Lasse Stevnss Tassing and Bo Bennekov.. Bolverk XR has raised $237.06 thousand across 2 funding rounds. The company has 10 employees as of December 31, 2021. Bolverk XR offers products and services including VR Training Software and Customizable VR Sessions. Bolverk XR operates in a competitive market with competitors including RaceRocks, Infinite Passengers, SAFETYN, Aviation Virtual and Innovate Labs, among others.
- Headquarter Copenhagen, Denmark
- Employees 10 as on 31 Dec, 2021
- Founders Lasse Stevnss Tassing, Bo Bennekov
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Bolverk Xr Aps
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Annual Revenue
$66.12 K (USD)109as on Mar 31, 2020
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Net Profit
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EBITDA
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Total Equity Funding
$237.06 K (USD)
in 2 rounds
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Latest Funding Round
$116.83 K (USD), Seed
Apr 15, 2019
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Investors
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Employee Count
10
as on Dec 31, 2021
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Products & Services of Bolverk XR
Bolverk XR offers a comprehensive portfolio of products and services, including VR Training Software and Customizable VR Sessions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for immersive VR simulations of cabin crew scenarios.
Platform enabling online VR training with analytics for improvement.
Funding Insights of Bolverk XR
Bolverk XR has successfully raised a total of $237.06K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $116.83 thousand completed in April 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $116,832
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First Round
First Round
(17 Sep 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Seed - Bolverk XR | Valuation |
investors |
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| Sep, 2018 | Amount | Seed - Bolverk XR | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Bolverk XR
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bolverk XR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bolverk Xr Comparisons
Competitors of Bolverk XR
Bolverk XR operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RaceRocks, Infinite Passengers, SAFETYN, Aviation Virtual and Innovate Labs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AR/VR training solutions are provided for aerospace and defence sectors.
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| domain | founded_year | HQ Location |
Virtual airline management tool for flight simulation and performance tracking.
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| domain | founded_year | HQ Location |
Developer of life preservation systems and flight assistance tools solutions for pilots
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| domain | founded_year | HQ Location |
Provider of a VR-based visualization solutions
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| domain | founded_year | HQ Location |
Provides AR, VR, and MR solutions for industrial, educational, and defense applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Bolverk XR
When was Bolverk XR founded?
Bolverk XR was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Bolverk XR located?
Bolverk XR is headquartered in Copenhagen, Denmark.
Is Bolverk XR a funded company?
Bolverk XR is a funded company, having raised a total of $237.06K across 2 funding rounds to date. The company's 1st funding round was a Seed of $120.23K, raised on Sep 17, 2018.
How many employees does Bolverk XR have?
As of Dec 31, 2021, the latest employee count at Bolverk XR is 10.
What is the annual revenue of Bolverk XR?
Annual revenue of Bolverk XR is $66.12K as on Mar 31, 2020.
What does Bolverk XR do?
Bolverk XR was established in 2017 in Copenhagen, Denmark, focusing on virtual reality applications within the aviation sector. Training solutions are delivered through immersive simulations that cover emergencies and evacuations, fire fighting and smoke scenarios, suspicious object identification, and aircraft familiarization for doors, exits, and slides. These tools are designed for airline personnel to practice real-world procedures in a controlled environment.
Who are the top competitors of Bolverk XR?
Bolverk XR's top competitors include SAFETYN, RaceRocks and Aviation Virtual.
What products or services does Bolverk XR offer?
Bolverk XR offers VR Training Software and Customizable VR Sessions.
What is Bolverk XR's valuation?
The valuation of Bolverk XR is $1.02M as of Apr 2019.