Extend3D GmbH, a Munich-based augmented reality systems developer, has been acquired to enhance process and quality control offerings in manufacturing.

Target Information

Extend3D GmbH, founded in 2010 and headquartered in Munich, Germany, is a company specializing in the development and production of augmented reality systems. With a dedicated team of 16 employees, Extend3D has established itself as a prominent player in creating innovative technologies, including advanced 3D video and laser projectors. In 2022, the company reported approximately 3 million euros (32 million SEK) in revenue, indicating its strong performance in a niche market.

Industry Overview in Germany

The augmented reality industry in Germany is experiencing significant growth, with the integration of advanced technologies in manufacturing processes aligning with the principles of Industry 4.0. This revolution emphasizes automation and data exchange in manufacturing environments, resulting in enhanced productivity and efficiency. The German market is characterized by a robust automotive sector, which continues to drive demand for high-tech solutions that improve process and quality control.

With major players in automotive, aerospace, and general industry, Germany is focusing on leveraging augmented reality to streamline assembly operations and maintain com

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Henrik Elmin

invested in

Extend3D GmbH

in 2022

in a Other deal

Disclosed details

Revenue: $3M

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