NXRT adds strategic investment from Rhomberg Sersa Rail Group

Austria 19 November 2020
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NXRT, a Vienna, Austria-based developer of software for simulations, announced that it secured an undisclosed amount of capital investment.

The money was raised from the international railway technology company Rhomberg Sersa Rail Group (RSRG). The money will be used for expading the business.

NXRT, founded in 2019 by CEO Lukas Stranger, develops products and solutions in the field of augmented, mixed and virtual reality.. The company has as main focus on products and services in the safety area, which is of great importance for the construction and maintenance of rail infrastructure. For example, NXRT has developed virtual simulations that allow real vehicles to be used as simulators. The first joint initiatives are currently being evaluated, for example for the training of train drivers.

Total investments received (USD): 8.63M

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