Loft Dynamics, known as a global leader in virtual reality flight training, has successfully raised $24 million in a Series B funding round. This pivotal investment was led by Friedkin, with participation from Alaska Airlines, existing shareholders such as Sky Dayton and Craft Ventures, and UP.Partners.
With this round, Loft Dynamics’ total funding now reaches $60 million, signaling a new era for the company’s expansion into commercial airline pilot training and further development of its helicopter simulation offerings.
Loft Dynamics has distinguished itself by creating the world’s only FAA- and EASA-qualified VR helicopter simulator, serving esteemed clients including Airbus Helicopters, the Los Angeles Police Department, and Air Greenland. By harnessing innovative technology and deep regulatory expertise, Loft Dynamics is poised to transform the training of airline pilots on a global scale.
The next phase of growth, driven by this investment, focuses on developing a next-generation, cloud-connected training suite. This system, integrating both hardware and software, aims to make pilot training safer, more immersive, and highly scalable. Among the new offerings are VR airliner simulators for Boeing 737 and Airbus A320, which are significantly smaller and less costly than traditional full-flight simulators. These advanced simulators will feature multi-crew replica cockpits, sophisticated haptics, body and eye tracking, and AI-driven training intelligence to provide targeted feedback and performance measurement.
Additionally, Loft Dynamics plans to launch a spatial computing-powered home training kit, allowing pilots to access immersive content and train remotely. As part of this funding milestone, Dan Friedkin will join the company’s board of directors, bringing strategic leadership to Loft Dynamics as it reshapes the future of aviation training.
KEY QUOTES:
“Pilot training hasn’t kept pace with the rest of aviation. 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.”
“This funding round isn’t just a milestone—it’s a signal. A signal that the wider industry is ready for change. We’re proud to have the backing of Friedkin, Alaska Airlines and our existing shareholders. I’m thrilled to welcome Dan to our board—his strategic insight and passion for aviation will be invaluable as we scale. Together, we’re building a safer, smarter, more accessible future for aviation training—one that serves operators, regulators and pilots, and protects the millions of passengers who rely on them.”
Fabi Riesen, founder and CEO of Loft Dynamics
“Loft Dynamics is defining the next era of aviation training. 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.”
Dan Friedkin
“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. We look forward to working closely with Loft to revolutionize pilot training, making it more immersive and effective. This investment will not only enhance our industry-leading training program but also pave the way for future training solutions across the aviation industry.”
Pasha Saleh, corporate development director, Alaska Airlines
