This site uses cookies. By using this site you agree to receiving cookies. View Policy.

72%

Valkyrie Industries is the maker of the wearable haptic suit (BiFrost) to let users feel, touch and hold objects naturally in virtual simulations. With the primary application in the space robotics market (estimated $4.36bn in 2023), BiFrost has been piloted successfully with a UK space agency.

  • Raised close to $500k in grants & equity to develop first prototype
  • Patent granted in the UK. Filed in China, Japan, EU and the US
  • Featured on Discovery channel, TechCrunch, IDTechEx
  • Our first development kit is ready (TRL 6) to lease for early adopters

Idea

Globally Augmented reality (AR) and Virtual reality market is estimated to reach $1 trillion by 2030, at CAGR of 42.9%. While the major application for VR is found in gaming, it is shaping our future beyond entertainment. Some industrial application including design & engineering for the automotive industry, surgical training for medical doctors and many others.

At Valkyrie Industries, we have developed a wearable haptic suit (BiFrost) to let users feel, touch and hold objects naturally in virtual simulations. Our vision is simple. We want to recreate the human nervous system with technology.

Our first pilot project with a UK Space Agency was a success. The objective of the pilot is to develop a robotic arm to use in space, operated using haptics enhanced VR to transmit information such as pressure, vibration and resistance.

BiFrost is ready for early adoption (TRL 6)

Milestone achieved

- Completed 2 demos to BMW Startup Garage and Evonik; pilots completed with Storyfutures and UK Space Agency

- Letter of intent from 7 companies covering both collaborations and leasing of the product

- Awards: GoTech Awards, The Alconics (shortlist), Jumpstarter

We plan to offer our first development kit BiFrost to early adopters at $10,000 per month, with full technical support.

Funding will be used to continue to develop our technology, support our early adopters and strengthen our IP protection.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

To see the rest of the Valkyrie Industries pitch, join now. It's free, quick and easy.

Due to financial regulations, you need to join our community to view the full investment opportunity.

Join

Already registered?
Log in

This pitch is approved by Crowdcube

This pitch is approved as a financial promotion by Crowdcube Capital Limited. Every pitch on Crowdcube is reviewed to ensure it is fair, clear and not misleading.

As part of our commitment to investor transparency, Crowdcube’s Due Diligence Charter outlines the analysis and verification that is conducted on equity fundraises on Crowdcube by our legal and compliance professionals.

Read more

Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Valkyrie Industries has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.