SenseGlove attracts investment to push haptic glove

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Delft University of Technology spinoff SenseGlove has attracted an undisclosed sum of funding from Forward.one and Value Creation Capital to accelerate product development and international sales of its haptic glove.

Quick read

➨ Per Slycke and David Cerda Salzmann will join the advisory board of SenseGlove

➨ The haptic glove’s unique low latency force-feedback system enables the user to reach beyond the limitations of controllers and interact fully natural

➨ Enterprise users include VW, Scania, Procter & Gamble and Deutsche Telekom

The story

SenseGlove, based in the Netherlands, recently launched the second version of its haptic glove for virtual and augmented reality (VR/AR), which provides both tactile- and force-feedback, as well as accurate motion-tracking.

The haptic glove’s unique low latency force-feedback system enables the user to reach beyond the limitations of controllers and interact fully natural—feeling the shape and density of virtual objects, according to the spinoff.

Its ability to provide full-force and haptic feedback in a wearable has attracted the attention of several large enterprises, which are using the haptic glove in verticals such as automotive, defence, telecommunications and manufacturing. They include VW, Scania, Procter & Gamble and Deutsche Telekom.

Developer kits are available for €2,999, while a professional bundle costs €7,999.

Gijs den Butter co-founder and chief executive officer of SenseGlove, welcomed the funding and addition of its new partners to its advisory board, saying: “We are very pleased to announce the investment in SenseGlove by these two high-profile investment firms.”

“With Per Slycke and David Cerda Salzmann joining our advisory board, we bring on board talent, experience and a proven track record in our market. This will enable us to implement our leading force-feedback technology on a worldwide scale and accelerate the development of it.”

Cerda Salzmann, partner at Forward One, explained his firm’s investment: “We see a huge potential for VR applications within numerous business processes, such as the training of employees. We believe that SenseGlove can add significant value to these applications with their state-of-the-art glove.”

“Their technology facilitates replacing expensive settings from the real world with cost-effective settings in the virtual reality. This enables corporates to rethink the way they train people or design facilities. SenseGlove has a highly skilled and truly motivated team and we look forward to helping them in unlocking VR’s full potential.”

Wissink, managing partner at Value Creation Capital, added: “We are continuously looking for ambitious companies that make an impact with their core technology and shape business markets with their applications. SenseGlove combines extensive expertise and knowledge of hard, firm and software into user-friendly applications that respond to a fast-growing need for digitalising critical business processes. That combination offers us an attractive perspective in a market that has an enormous potential for the coming years.”

Image credit: SenseGlove