Loft Dynamics

company

About

Loft Dynamics provides professional virtual reality flight simulation training.

Details

Last Funding Type
Series A
Last Funding Money Raised
$20M
Industries
Aerospace,Training,Virtual Reality,Virtualization
Founded date
Jan 1, 2016
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Loft Dynamics AG
Also Known As
VRM Switzerland

Loft Dynamics is a training solutions provider that creates a virtual reality (VR) flight simulator. It was the first VR full motion simulator to receive Flight Simulation Training Device (FSTD) EASA FTD Level 3 authorization from the European Union Aviation Safety Agency (EASA). Loft Dynamics, with a talented team of passionate engineers, highly specialized developers, and dedicated aviation experts, assists leading global aircraft manufacturers, airlines, aviation operators, flight schools, and training organizations around the world in providing safer and more effective pilot training.

It was formerly known as VRMotion AG, which was founded in Zurich in 2018 and has quickly established itself as the market leader in the development and manufacture of virtual reality training devices for helicopter pilots.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$20M Fr9M
Loft Dynamics has raised a total of $20M Fr9M in funding over 2 rounds. Their latest funding was raised on Dec 5, 2022 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 5, 2022 Series A $20M 3 Craft Ventures
Sky Dayton
UP Ventures
Detail
May 25, 2020 Seed Fr9M Detail

Investments

Number of Investments
Number of Lead Investments
3
0
Loft Dynamics has made 3 investments. Their most recent investment was on Jul 20, 2021, when OpenSea raised $100M.
Date Company Name
Round Money Raised Industry Lead Investor
Jul 20, 2021 OpenSea
Series B $100M Bitcoin
Jul 18, 2017 Artsy
Series D $50M Art
May 1, 2016 Artsy
Convertable Note Art

Investors

Number of Lead Investors
Number of Investors
3
3
Loft Dynamics is funded by 3 investors. Craft Ventures and Sky Dayton are the most recent investors.
Investor Name Lead Investor Funding Round
Craft Ventures Yes Series A
Sky Dayton Yes Series A
UP Ventures Yes Series A

Employee Profiles

Number of Employee Profiles
4
Loft Dynamics has 4 current employee profiles, including Board member Sky Dayton
Board member
Executive
Executive
Executive