That’s what we call a stellar group of supporters! We’re delighted to share this investor summary with you. We’re humbled to have so many great investors on board supporting our vision to change in-car entertainment forever.
Some of our RIDE private sale investors are:
- Elrond Research: The strategic innovation lab of Elrond Network
- Faculty Capital: A value-driven venture capital firm focused on innovative blockchain projects
- Istari Vision: A service provider for technology projects based on the Elrond blockchain and secure EGLD staking
- Valhalla Capital: A private investment fund and start-up accelerator run by long-time crypto investors and serial entrepreneurs
- Woodstock: A multi-asset emerging technology fund house currently focused on investments in Blockchain and Distributed Ledger Technology
- Morningstar Ventures: An investment firm backing ambitious ideas by early-stage founders
- Signum Capital: Support game-changing projects that advance us towards the future of blockchain-enabled socioeconomic transformation
- Terranova Ventures: Backing founders who seek industry transformation and creation
If you would like to find out more about our investors, make sure to have a look at our Investor Spotlight Series with additional information and their rationale behind backing holoride.
About holoride
holoride creates an entirely new media category for passengers by connecting Extended Reality (XR) content with data points from the vehicle in real-time. These data points include physical feedback, like acceleration and steering, traffic data, as well as travel route and time. holoride technology provides a new type of immersion into any kind of VR content, creating a breathtaking, immersive experience, and significantly reducing motion sickness.
The tech startup was founded at the end of 2018 in Munich, Germany by Nils Wollny, Marcus Kuehne, Daniel Profendiner, and Audi, who holds a minority stake in the startup.
In April 2021, holoride raised €10 million in its Series A funding round led by Terranet AB, earning the company a €30 million valuation. That same year, holoride won the prestigious SXSW Pitch and was also named Best in Show. It has been hailed “Best of CES 2019” four times, recognized as one of the “100 Best Inventions of 2019” by TIME Magazine, and is part of the global innovation platform “STARTUP AUTOBAHN powered by Plug and Play”.
