Emerge, a Los Angeles, CA-based company that is building a platform that enables users to feel and share immersive content with bare hands, closed a $12M Series A funding round.
The round, which brought total funding raised to date to $18M, was led by M13, with participation from Vulcan Capital, LionTree Partners, and other investors.
The company is using the funds to continue to expand operations and leunch its solution.
Founded by CEO Sly Lee, CTO Isaac Castro, and CFO and Head of Insights Mauricio Teran, Emerge is advancing a consumer product that enables users from distant locations to physically touch, feel, and share immersive content in XR using their bare hands.
The company plans to empower the developer community to create applications around a few core use cases:
– Tabletop & Social XR Games
– Playing virtual chess and give hi-five
– Parents playing a game with child, interacting with characters that come to life
– Using touch-sensations to convey emotion in place of emojis
– Learning & Creative Play