Virnect develops industrial XR solutions, including remote collaboration, facility digitalization and monitoring, built on its in-house AR‑SDK core technology. The company operates research centers in Austria and Korea and has completed over 100 projects. Its deployments include customers such as LG Chemical, Samsung Electronics, 39 corporate subsidiaries, and 27 public-sector organizations including KAC and KEPCO. Virnect holds 107 intellectual property rights and has won 36 awards for product performance. With the new funding, it plans to expand its industrial XR ecosystem, recruit talent, develop differentiated products, and increase global marketing efforts. An IPO on the KOSDAQ exchange is expected this year.

Total raised

$30M

Funding rounds

1

Latest round

Series B

Latest activity

Jan 2022