What is Ultraleap?
Ultraleap operates at the intersection of advanced physics and user experience design, serving as the world leader in mid-air haptics. The company's core technology enables users to interact with virtual objects and receive tactile feedback without the necessity of wearable hardware or physical contact. This innovation is critical for industries ranging from automotive and healthcare to digital signage and immersive entertainment. By enabling users to feel virtual buttons and mid-air gestures, Ultraleap provides a seamless, hygienic, and intuitive interface that is essential for the next generation of spatial computing and augmented reality applications.
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 IP Group plc, Cornes Technologies, Woodford Investment Management, and Dolby Family Ventures
Series D (2021): $82M featuring Tencent and Image Frame Investment
Key Investors in Ultraleap
IP Group plc
A London-listed intellectual property commercialization firm that transforms university-led innovations into viable, high-growth businesses through capital and operational support.
Dolby Family Ventures
An investment arm associated with the legacy of Dolby Laboratories, focusing on transformative audio and imaging technologies that redefine entertainment and communication.
Tencent
A global technology conglomerate that invests in digital platforms and innovation, providing the scale and ecosystem necessary for advanced software and hardware integration.
What's next for Ultraleap?
With the backing of major strategic partners, Ultraleap is poised to scale its enterprise-level operations and deepen its integration into high-growth sectors. The current funding context suggests a transition toward mass-market commercialization, where the focus will shift from R&D to widespread industrial adoption. Future strategic initiatives will likely prioritize the expansion of their software-defined haptics platform, fostering a robust developer ecosystem, and refining the precision of their ultrasound projection systems to meet the rigorous demands of enterprise-grade virtual and augmented reality environments.
See full Ultraleap company page
