What is Ultraleap?
Ultraleap stands at the forefront of the haptics industry, specializing in technology that allows users to interact with virtual objects without physical contact. By utilizing sophisticated ultrasound arrays, the company projects tactile feedback directly onto a user's hands, effectively bridging the gap between digital interfaces and physical reality. This capability is essential for the development of touchless kiosks, immersive virtual reality experiences, and advanced automotive control systems. As a market leader, Ultraleap provides the foundational software and hardware stack required for seamless, gesture-based interaction, effectively eliminating the need for wearable devices or physical touchscreens in high-traffic or sterile environments.
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 Tencent and Image Frame Investment
Key Investors in Ultraleap
Tencent
Tencent is a global technology conglomerate that develops digital platforms, gaming, and cloud computing services, investing heavily in innovation to connect users and businesses across international markets.
Woodford Investment Management
Woodford Investment Management is a UK-based financial services firm that historically focused on managed investment solutions and patient capital, supporting high-growth technology ventures.
Dolby Family Ventures
Dolby Family Ventures invests in companies that align with the legacy of Dolby Laboratories, focusing on transformative audio and imaging technologies that redefine entertainment and communication.
What's next for Ultraleap?
With the recent influx of capital, Ultraleap is poised to deepen its penetration into the enterprise sector, focusing on the integration of its haptic technology into mainstream industrial and consumer applications. The strategic roadmap likely involves expanding its intellectual property portfolio and enhancing the fidelity of its mid-air tactile sensations. As spatial computing becomes increasingly central to the digital transformation of global industries, Ultraleap is well-positioned to capitalize on the demand for intuitive, hygienic, and immersive user interfaces. Future growth will likely be driven by strategic partnerships with hardware manufacturers and software developers looking to incorporate touchless, high-fidelity interaction into their product ecosystems.
See full Ultraleap company page
