What is NewHaptics?
NewHaptics operates at the intersection of human-computer interaction and social equity. The company specializes in developing advanced haptic interfaces that translate digital content into tactile experiences, effectively unlocking the digital world for the visually impaired. By focusing on education and employment accessibility, NewHaptics addresses a critical gap in the current technology landscape, where traditional visual-centric interfaces often exclude a significant portion of the population.
The company's market position is defined by its commitment to inclusive design and its ability to integrate complex hardware solutions into everyday digital workflows. Through its innovative approach, NewHaptics is not merely providing a tool but is actively fostering a more equitable digital environment, empowering users to engage with information independently and efficiently.
How much funding has NewHaptics raised?
NewHaptics has raised a total of $1M across 1 funding round:
Grant
$1M
Grant (2023): $1M with participation from Small Business Development Center
Key Investors in NewHaptics
Small Business Development Center
A federal initiative providing non-dilutive capital through the SBIR and STTR programs to support high-potential, technology-focused startups in their research and commercialization efforts.
What's next for NewHaptics?
With the recent influx of capital, NewHaptics is poised to transition from its current development phase into a broader commercialization strategy. The company is expected to prioritize the expansion of its product ecosystem, focusing on scalability and the integration of its haptic technology into mainstream enterprise software platforms.
Strategic growth will likely involve deepening partnerships with educational institutions and corporate entities that prioritize accessibility compliance. By focusing on long-term sustainability and technological refinement, NewHaptics aims to solidify its status as a leader in the assistive technology market, ensuring that its solutions remain at the forefront of innovation while continuing to drive meaningful social impact for the visually impaired community.
