Monday Jul 15, 2024

Fabi Riesen, CEO and Founder of Loft Dynamics: Over $29 Million Raised to Build the Future of Flight Training

Welcome to another episode of Category Visionaries — the show that explores GTM stories from tech's most innovative B2B founders. In today's episode, we're speaking with Fabi Riesen, CEO & Founder of Loft Dynamics, a flight training platform that's raised over $29 Million in funding.

Here are the most interesting points from our conversation:

  • Loft Dynamics: The only company with qualified simulators using head-mounted virtual reality display technology, offering a revolutionary visual system for professional flight training.
  • Origin Story: The idea for Loft Dynamics originated from Fabi’s passion for aviation and his experience with early virtual reality technology, leading to the founding of the company in 2016.
  • Validation: The European Aviation Authority's interest in 2018 validated their innovative approach and helped pivot the project into a business, leading to their first revenue-generating customers in 2019.
  • Market Expansion: Loft Dynamics has made flight simulators more affordable and accessible, opening up new markets including small helicopter operators and flight schools.
  • Marketing Strategy: The company's marketing strategy focuses on demonstrating the product's value by getting pilots to try the simulators, leveraging their immediate recognition of the technology's advantages.
  • Investor Alignment: Fabi emphasizes the importance of aligning investors with the company's passion and vision, which has been crucial in securing $29 million in funding to date.

//

 

Sponsors:

Front Lines — We help B2B tech companies launch, manage, and grow podcasts that drive demand, awareness, and thought leadership.

www.FrontLines.io


The Global Talent Co. — We help tech startups find, vet, hire, pay, and retain amazing marketing talent that costs 50-70% less than the US & Europe. 

www.GlobalTalent.co

Comments (0)

To leave or reply to comments, please download free Podbean or

No Comments

Copyright 2022 All rights reserved.

Podcast Powered By Podbean

Version: 20241125