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VRAI

Extended Reality
Product stageSegments
Early
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AR/VR platforms
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Dublin-based VRAI develops a simulation training platform for high hazard environments. The platform, HEAT (Hazardous Environment Awareness Training), combines VR with data capture, analysis, and machine learning to provide trend identification and measurable insights for improved training outcomes. It also allows companies to create digital twins of the key equipment or activities for employees to train without disrupting daily operations. 

HEAT was tested in collaboration with the Royal Air Force, with funding provided by the Irish Ministry of Defence. In November 2023, the company integrated its HEAT simulation platform with VBS and Unreal Engine, democratizing developer access to its platform.

VRAI focuses on the defense, aerospace, and renewable energy industries. The company also offers bespoke VR simulation solutions for the offshore wind, logistics, utilities and construction industries.

Key customers and partnerships 

Notable clients include the Irish Defence Forces, the United Nations in Somalia, and IAG at Heathrow Airport. 

Partnerships to leverage biometric data captured by HEAT to bolster simulation training performance include that with Varjo and Vrgineers (November 2023). 

Other partnerships included that with 

1) BAE Systems, a British multinational arms and defense contractor, to develop a VR training program for military personnel and to create synthetic air, land, sea, space, and cyber environments (July 2022) 

2) Microsoft, to provide simulation capabilities to military end users, leveraging Microsoft’s Azure cloud. (November 2022)

Funding and financials

The company’s most recent funding was in September 2022, when it raised EUR 3.4 million (~USD 3.3 million) in a round led by Northstar Ventures. The proceeds were to be used to expand its technology to the offshore wind industry.


Extended Reality

Extended Reality

Key stats
Featured companies
239
Total funding (USD)
13.6 Bn
Total addressable market (USD)
100.4 Bn
Key competitors
 
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Company Brief


HQ location:
South William St., Dublin, Co. Dublin IRL
Founded year:
2016
Employees:
11-50
Total Funding:
USD 5.4 million
Last Funding
USD 3.3 million, Sep 2022

Funding


Investors


No investor data is available

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