Menu

News

Loft Dynamics raises USD 20M

Zurich-based Loft Dynamics announced USD 20 million in its first institutional financing round, alongside its rebranding from VRM Switzerland. Craft Ventures, Sky Dayton and Up Ventures backed the company, which planned to expand internationally, particularly in the United States, and support additional aircraft types. Existing customers included Airbus Helicopters, Air Zermatt and several helicopter operators and training providers.

Its simulators combine a virtual reality headset, a full-scale cockpit and a six-degrees-of-freedom motion platform. This allows pilots to practise flight procedures and emergencies without using an aircraft. The financing followed European aviation regulator authorization for its Airbus H125 training device in May 2022, giving the company a basis for expanding simulator-based training with recognized training credit.

H125 virtual reality flight simulator. Credit: Loft Dynamics, via TechCrunch.

Confirm

Install zurich.tech