What is Ultraleap?
Ultraleap is a pioneering company at the forefront of mid-air haptics technology. Its proprietary system utilizes ultrasound to generate tactile sensations in mid-air, allowing users to 'feel' virtual objects and interfaces without physical contact. This innovative approach enables immersive interactions for applications ranging from gesture control in augmented reality to virtual product prototyping, positioning Ultraleap as a leader in the burgeoning field of touchless human-computer interaction.
How much funding has Ultraleap raised?
Ultraleap has raised a total of $116M across 4 funding rounds:
Angel/Seed
$918K
Series A
$10.1M
Series B
$23M
Series D
$82M
Angel/Seed (2015): $918K, investors not publicly disclosed
Series A (2015): $10.1M led by Woodford Investment Management
Series B (2017): $23M supported by Woodford Investment Management, Cornes Technologies, Dolby Family Ventures, and IP Group plc
Series D (2021): $82M featuring Image Frame Investment and Tencent
Key Investors in Ultraleap
Woodford Investment Management
Woodford Investment Management is a financial services firm known for managing investment funds. The firm has been involved in various investment strategies and has faced regulatory scrutiny, leading to changes in fund management. They typically cater to investors seeking managed investment solutions and operate under UK financial regulations.
Dolby Family Ventures
Dolby Family Ventures, associated with Dolby Laboratories, invests in companies developing transformative audio and imaging technologies. Their focus aligns with innovations that enhance entertainment and communication experiences across various platforms, from mobile devices to cinema.
IP Group plc
IP Group plc is a specialist intellectual property commercialization company that partners with universities to build and scale technology businesses. They provide capital, strategic guidance, and operational support to their portfolio companies, spanning life sciences and technology sectors globally.
What's next for Ultraleap?
With the recent strategic investment, Ultraleap is poised for significant growth and further development of its groundbreaking haptic technology. The company is likely to focus on scaling its operations, expanding its global reach, and forging new partnerships across various industries, including automotive, entertainment, and digital signage. This capital will fuel research and development, enhancing the fidelity and range of its mid-air haptic experiences, and solidifying its market leadership in the interactive technology space.
See full Ultraleap company page
