philip lelyveld The world of entertainment technology

20Jul/21Off

HaptX raises another $12M for high-tech gloves, relocates HQ back to Seattle

The company just landed $12 million from existing investors including Verizon Ventures, Mason Avenue Investments, Taylor Frigon Capital Partners, and Upheaval Investments. Total funding to date is $31 million.

Founded in 2012 and previously known as AxonVR, the company’s tech promises to deliver realistic touch feedback to users reaching out for objects in VR, thanks to microfluidics in the glove system that physically and precisely displace the skin on a user’s hands and fingers.

The gloves work with a VR headset and tracker, connected to a central control box, and let users move through virtual environments and feel virtual objects with their hands.

The company is also moving its headquarters to back the Seattle area, where it originally launched before moving to California and will open a new 15,000 square-foot space. The 25-person operation will maintain two offices in Redmond, Wash., and San Luis Obispo, Calif.

See the full story here: https://www.geekwire.com/2021/haptx-raises-another-12m-high-tech-gloves-relocates-hq-back-seattle/

Comments (0) Trackbacks (0)

Sorry, the comment form is closed at this time.

Trackbacks are disabled.