Lofelt Raises $5.4m in Series A Funding

Lofelt, a Berlin, Germany-based startup that produces high-definition haptic solutions in consumer electronics, secured $5.4M in Series A funding.

The round was led by new investor Wolfman.One with participation from Q Venture Partners and coparion and existing investor Horizons Ventures.

The company intends to use the funds to expand its engineering team to accelerate the development of new user experiences and technologies.

Led by Daniel Büttner, Co-founder and CEO, Lofelt has developed haptic technology to create a natural connection between people and their digital devices.
The company has created Basslet, a watch-size subwoofer, and other solutions to innovate a wide range of industries – including gaming, AR, VR, automobile, consumer electronics, toys, medical, entertainment and beyond.
Lofelt’s solutions feature haptic rendering with ultra-low latency processing that integrates with existing devices and platforms and use actuators that are silent, energy-efficient and available in specific shapes and sizes.



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