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Startup aimed at VR entertainment in cars files for insolvency

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Abdullah is an ardent believer in the future of VR, and can't wait to see what more it brings to the table as technology improves. He enjoys covering new software releases in the XR industry, as well as major news about hardware and companies focused on VR.

Holoride, a startup that wanted to bring Virtual Reality entertainment to cars, has filed for insolvency. CEO Nils Wollny broke the news on LinkedIn in a heartfelt post that made it clear that this was very unexpected.

According to Wollny, an investment that “appeared secure” suddenly fell apart. Wollny says these negotiations had been taking place for months and contracts had been finalized before the unfortunate news.

 

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