SenseGlove secures €3.25M in Sequence A funding

April 20, 2023 – SenseGlove, a supplier of haptic gloves for digital and augmented actuality (VR/AR), has just lately introduced that it has raised EUR €3.25 million in a Sequence A funding spherical led by Lumaux, a enterprise capital agency that invests in modern expertise corporations.

Based on SenseGlove, the funding shall be used to speed up the corporate’s development and innovation, with a deal with advancing the haptics expertise for its present SenseGlove Nova gloves. The corporate can even look to develop new hand haptic merchandise. Along with new improvements, SenseGlove can be aiming to make use of the funding to extend its world presence, as effectively to open an workplace within the U.S. in an effort to higher serve its rising North American buyer base.

“We’re thrilled to have Lumaux as our companion on this thrilling new section of our development,” mentioned Frank Goovaerts, CEO of SenseGlove. “This funding will permit us to proceed to innovate and speed up the event of hand haptics expertise, in addition to strengthen our place as a frontrunner in haptic expertise for digital and augmented actuality.”

SenseGlove’s haptic gloves permit customers to ​​work together extra naturally in VR and practice muscle reminiscence by offering the sensation of dimension, stiffness and impacts of digital objects. SenseGlove has been utilized by a variety of industries, together with manufacturing, healthcare, and training. The corporate’s expertise has been praised for its ease of use and scalability: each variations of SenseGlove merchandise (the DK1 and the Nova) have been carried out by over 500 corporations together with Volkswagen, P&G and the Royal Dutch Military.

Commenting on the funding, Tom Krieckaert, fund supervisor at Lumaux, acknowledged: “We’re thrilled to announce our partnership with SenseGlove. Their ground-breaking expertise and proficient and various group align completely with our funding standards. We’re assured that this partnership will yield important worth for everybody concerned. We look ahead to supporting SenseGlove as they proceed to revolutionize the digital and augmented actuality panorama.”

Beforehand SenseGlove raised funding from numerous worldwide traders, together with Ahead.One and Worth Creation Capital. The corporate’s complete funding raised thus far is about EUR €5.5 million. SenseGlove additionally famous that after this most up-to-date Sequence A funding spherical, Lumaux will now be part of the SenseGlove advisory board.

For for extra data on SenseGlove and to seek out out about its SenseGlove Nova haptic gloves to be used in digital and augmented actuality, please go to the corporate’s website.

Picture/video credit score: SenseGlove

Sam Sprigg

Sam is the Founder and Managing Editor of Auganix. With a background in analysis and report writing, he has been overlaying XR business information for the previous 5 years.

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