The extended reality company DXRS, located in the Netherlands, said last week that it had received a pre-seed round of funding from the Brabant Development Agency (BOM) and two renowned informal investors.
The next financing round is the next stage in developing the indoor spatial platform, which adds critical scalability to satisfy growing market demand.
By providing the platform, indoor localization technology, and application framework to transform a plain-looking 3D building scan into an immersive experience, DXRS’ extended reality becomes popular. None of this would be feasible without infrastructure technologies like Wi-Fi, Bluetooth, NFC, etc.
Extensive reality, for example, can help blind and visually impaired people navigate public spaces like railway stations by providing precise interior localization and real-time contextual information. Given the potential of extended reality technology, countless applications may become possible.
A larger market’s expanded reality
DXRS and BOM executives are optimistic that the capital round will help DXRS in its aim to create affordable extended reality technologies.
Co-founder of DXRS, Victor van Dinten, said, “With this financing round, we can bring in exceptional talent and move on to the next critical phase of our product development. Innovation is essential to our goal. This demonstrates that we are at the cutting edge of technological advancement.
“At the same time, we want to provide a scalable platform on which organizations can innovate with respect for privacy, affordably, and securely,” van Dinten continues.
The investment manager at BOM, Daan van Lange, claims that DXRS creates extended reality technology that directly affects their initial target customers. For those in our society who are most vulnerable, DXRS’ solutions bring value.
Van Lange continues, “The underpinning platform is highly scalable as a building block for augmented and virtual reality experiences, neatly fitting with our sub-focus on immersive technology.
Closing the chasm
In May 2022, Lukas van Delft and van Dinten established DXRS to offer a unified platform for immersive experiences. Through mixed reality technology, the software startup hopes to close the gap between the physical and virtual worlds and chart a sustainable future.
DXRS provides three services and products: DXRS Capture (reality capture and processing services), DXRS Studio (mixed reality toolset), and DXRS Experience (immersive user experience apps).
The firm wants to enhance asset management, labor planning, and customer experience across several sectors. Parking, insurance, sports and entertainment, healthcare, facility management, and real estate are just a few uses for the services offered by DXRS.
DXRS is now offering products for mobile and desktop platforms, as well as augmented reality (AR) and virtual reality (VR) technologies.
Permanent clients that DXRS has worked with include ProRail and Amsterdam UMC. Additionally, DXRS is an active member of the local Brainport ecosystem, where the outer Eindhoven area is well-known for having some of the most sophisticated IT infrastructure in the Netherlands.