Sensel, a Sunnyvale, Calif.-based company building touch interfaces with its PressureGrid™ technology, closed the second tranche of its Series A financing, bringing the total raised in this series to $28m.
Backers included Susquehanna International Group (SIG), Morningside Group, SMiT, Palm Commerce Holdings Co. Ltd, Chariot Gold Limited, SV Tech Ventures, and Innolinks Ventures. In conjunction with the funding, SIG Managing Director Joan Wang, will be joining the company’s board of directors.
The company, which has raised over $38m since it was founded in 2013, intends to use the funds to continue to expand production, customer support, and supply chain capabilities as it works with multiple OEMs to integrate its technology into next generation mobile phones, notebooks, and more, and to continue supporting the Morph, a tablet-sized pressure sensor with swappable interface overlays that ships to customers around the world.
Co-founded by Ilya Rosenberg and Aaron Zarraga, Sensel brings the next generation of touch to computing with PressureGrid™ technology, which enables new form factors (foldable, flexible) including wraparound display phones. Sensel’s patented touch technology offers two functions in a single, ultra-thin sensor: position reporting with high accuracy, and force sensing with the ability to measure force from 1g to 5kg independently for each contact point. It responds to any object (styli, paintbrushes, fingernails), works in virtually any environment (underwater, with heavy gloves), and enables new form factors (foldable, flexible). It can be integrated behind a flexible AMOLED display, a non-display touchpad, steering wheel, or any surface area where a high-resolution force sensing experience is desired. The team (of over 50) is integrating their pressure-responsive sensors into trackpads, displays, mobile devices, automotive interfaces, and other products that involve human interaction.