NXS batch of 2020: KIT-AR

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Rounding out our blog series into this year’s NXS batch is the fourth and final new portfolio company, KIT-AR.

With a team based in Portugal, the UK and Norway, KIT-AR has the farthest reaching background in the NXS portfolio. The first NXS company in the industrial field, KIT-AR is rethinking the manufacturing process.

KIT-AR is a fully integrated industrial Augmented Reality system that increases manufacturing productivity. KIT-AR instantly provides all the information needed to assemble and engineer products efficiently, whilst reducing human error by providing quality assurance through context reasoning to maintain correct operating procedures. For more information, visit www.kit-ar.com

CEO of KIT-AR, Manuel Oliveira: “The navigation of the accelerator landscape is difficult and plagued with uncertainty, with very few accelerators being worthy landmarks to consider when charting the path to success. The NXS is one of the precious few that delivers on the promise to advance the growth of a start-up, being an essential choice when working in the XR domain. The range and quality of NXS ecosystem is astounding, giving access to world renown XR stakeholders with a combined wealth of experience and expertise that is mind boggling. The richness of the NXS network is only surpassed by the quality and dedication of their team, who have become key collaborators with the drive of making KIT-AR a recognisable beacon in the digital transformation of the manufacturing shopfloor.”

Follow KIT-AR:
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About NXS
Nordic XR Startups is an investor and accelerator program for VR, AR and MR startups companies based in Northern Europe. NXS’s mission is to contribute to and improve the competitiveness of the Nordic XR ecosystem and accelerate the growth of their investment portfolio companies. For investment and support, let NXS know what you are working on.

About NXS owners, gumi Inc.
Founded in 2007, gumi Inc. (Tokyo Stock Exchange: 3903) is a leading global mobile game publisher and developer headquartered in Japan, with overseas operations in France, Korea, Singapore, Taiwan and the United States. The company has proven success in launching titles worldwide, such as the widely popular role-playing games Brave Frontier and Phantom of the Kill. With ongoing publishing and development projects on various platforms, including iOS, Android, and more, gumi aims to change the world through innovative entertainment products and services, including both original content and collaborations with popular IP. For more information, please visit gu3.co.jp/en. 

About NXS owners, Nordisk Film
Founded in 1906, Nordisk Film is the leading producer and distributor of films in the Nordic countries and operates the largest cinema chains in Denmark and Norway. Nordisk Film has digital businesses within gift cards, computer games development and eSports and is the distributor of PlayStation in the Nordic and Baltic countries. Nordisk Film is part of Egmont – Denmark’s largest media group with 6,200 employees and activities in 30 countries. These include Egmont Publishing, which publishes more than 700 magazines, TV 2 in Norway and several book publishers. Egmont is a commercial foundation that generates revenue amounting to EUR 1.6 billion and donate more than EUR 13 million a year to help improve the lives of children and young people. For more information, please visit nordiskfilm.com.