Loft Dynamics raises $24M Series B to redefine pilot training with VR simulators

Swiss VR Flight training company Loft Dynamics has raised a $24 million Series B funding round led by Friedkin with participation from Alaska Airlines and existing shareholders Sky Dayton and Craft Ventures, as well as UP.Partners. 
The round brings Loft Dynamics’ total funding to $60 million and marks a major step forward in expanding its commercial airline offerings while continuing to grow its core helicopter business.

Loft Dynamics developed the world’s only FAA- and EASA-qualified VR helicopter simulator, used by operators such as Airbus Helicopters, the Los Angeles Police Department and Air Greenland. With this latest investment, the company is applying its cutting-edge technology and regulatory credibility to transform airline pilot training at scale.

“Pilot training hasn’t kept pace with the rest of aviation,” said Fabi Riesen, founder and CEO of Loft Dynamics.

“We’re still sending trainees across the country to sit in $10-$20 million, warehouse-sized domes—technology that hasn’t evolved in decades. In an era of pilot shortages and increasing air mobility, that’s simply no longer sustainable.

We’re building a new standard—one that’s far more realistic and accessible. High-quality, regular training leads to better pilots. And better pilots mean safer skies.”

Loft Dynamics’ immediate focus is developing a fully integrated hardware and software system built to make pilot training safer, more effective, immersive and scalable.

Initial offerings will include existing helicopter simulators and new full-motion Boeing 737 and Airbus A320 VR airliner simulators — up to 12 times smaller and a fraction of the cost of traditional full-flight simulators. 

Loft’s new airliner simulators will include a multi-crew replica cockpit with all aircraft haptics, body and eye tracking, plus AI-powered training intelligence to measure pilot performance and deliver tailored feedback. It will also feature LofTWIN—a virtual demonstration mode that lets instructors record immersive lessons for pilots to replay at any time. These systems will enable pilots to train safely and regularly for any condition, including rare, high-risk scenarios and past aviation tragedies.

To further increase training accessibility, Loft Dynamics is also developing a spatial computing–powered home training kit, allowing pilots to review sessions, access immersive content, and train remotely—from the base or their living room.

As part of the investment, Dan Friedkin, chairman and CEO of Friedkin (as well as an accomplished pilot), will join Loft Dynamics’ board of directors, partnering closely with Series A investors Sky Dayton (partner at Craft Ventures, founder of Boingo Wireless, EarthLink and CloudKitchens) and Ben Marcus (co-founder and managing partner at UP.Partners), both of whom also serve on the board. 

“Loft Dynamics is defining the next era of aviation training,” said Dan Friedkin. 

“This investment enables them to scale their solution globally, fast-track innovation, meet an urgent industry need and elevate pilot safety in the process. Loft brings the vision and execution capability this moment demands.”

“Through Alaska Star Ventures, our corporate venture capital arm, we are excited to support Loft Dynamics in bringing FAA-qualified VR technology to commercial airline training,” said Pasha Saleh, corporate development director, Alaska Airlines. 

“This investment will not only enhance our industry-leading training program but also pave the way for future training solutions across the aviation industry.”