Bolverk XR

Copenhagen, Denmark Founded: 2017 • Age: 9 yrs
Virtual reality-based simulations for airline training are provided.
Annual revenue $66,123 Latest available
Total funding $237,064 2 rounds
Employees 10 Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

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
  • Sectors
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Bolverk Xr Aps
Operational Areas
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $66.12 K (USD)
    109
    as on Mar 31, 2020
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $237.06 K (USD)

    in 2 rounds

  • Latest Funding Round
    $116.83 K (USD), Seed

    Apr 15, 2019

  • Investors
    Not available
  • 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.

Product name locked
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Primary

Software for immersive VR simulations of cabin crew scenarios.

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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.

Investments & Acquisitions by Bolverk XR

Investments
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Investment portfolio details for Bolverk XR

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Financial Statements - Bolverk XR

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Detailed financials for Bolverk XR

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Bolverk Xr Comparisons

Bolverk XR Primary company
Description
Virtual reality-based simulations for airline training are p...
Location
Copenhagen, Denmark
Founded Year
2017
Annual Revenue
$66.12 K (USD)
Net Profit
Not available
EBITDA
Not available
Employees
10
As of 2021
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Peer comparison for Bolverk XR

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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.

Company Name Domain Founded year HQ Location Description
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AR/VR training solutions are provided for aerospace and defence sectors.
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Virtual airline management tool for flight simulation and performance tracking.
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Developer of life preservation systems and flight assistance tools solutions for pilots
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Provider of a VR-based visualization solutions
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Provides AR, VR, and MR solutions for industrial, educational, and defense applications.
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Detailed competitors of Bolverk XR

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Latest news on Bolverk Xr

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Frequently Asked Questions about Bolverk XR

Bolverk XR was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Bolverk XR is headquartered in Copenhagen, Denmark.

Bolverk XR is a funded company, having raised a total of $237.06K across 2 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Bolverk XR is 10.

Annual revenue of Bolverk XR is $66.12K as on Mar 31, 2020.

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.

Bolverk XR's top competitors include SAFETYN, RaceRocks and Aviation Virtual.

Bolverk XR offers VR Training Software and Customizable VR Sessions.

The valuation of Bolverk XR is $1.02M as of Apr 2019.

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