HaptX, a Redmond, WA-based provider of realistic haptic technology, raised $23m in strategic funding.
The round, which brings total funding to more than $58m, was led by AIS Global and Crescent Cove Advisors, with participation from Verizon Ventures, Mason Avenue Investments, and Taylor Frigon Capital Partners.
The company intends to use the funds for commercialization of next-generation products building on the success of HaptX Gloves DK2.
Led by Jake Rubin, Founder and Chief Executive Officer, HaptX provides HaptX Gloves, which physically displace the user’s skin the way a real object would. They deliver realism, with more than 130 points of tactile feedback per hand. Fortune 500 companies and governments around the world have adopted HaptX Gloves for the most demanding applications in training and simulation, industrial design, and robotics.
In conjunction with this transaction, HaptX has extended its partnership with AIS Global, a portfolio company of New York-based KPS Capital Partners.
The company is headquartered in Redmond, WA, with offices in San Luis Obispo and San Francisco, CA.
FinSMEs
15/09/2022