
BayBG, Vito Ventures back €1.3m round for VR-On
Bayerische Beteiligungsgesellschaft (BayBG) has led a €1.3m funding round for Munich based virtual reality software company VR-On.
Vito Ventures and entrepreneurs Andreas Perreiter and Carsten Erdt also invested in the round. The new funding will be used to market the product internationally as well as to finance further product development and innovation.
Company
VR-On is based in Munich and was founded in 2016. The company makes virtual reality software for businesses. Its Stage platform enables virtual reality conferences through the use of headsets and also allows the sharing of designs and other data, which can be visualised in three dimensions.
People
Bayerische Beteiligungsgesellschaft – Alexander Ullmann (investment manager).
VR-On – Mathias Wochnig, Ralf Rabätje (co-founders).
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