Bristol-based Ultrahaptics raises £35 million for its mid-air haptic touch technology

Bristol-based Ultrahaptics raises £35 million for its mid-air haptic touch technology

Bristol-founded startup Ultrahaptics that has created a mid-air haptic feedback technology has raised £35 million in a Series C funding round led by Mayfair Equity Partners, with participation from Hostplus, IP Group plc, Woodford Investment, Cornes, and Dolby Family Ventures.

Founded in 203 as a spin-out of the University of Bristol, Ultrahaptics has developed a technology that uses ultrasound to create haptic feedback in mid-air. In practice, it means that the user would get a convincing touching sensation where there's no physical object present.

The company stated that it's working with blue-chip customers in several verticals such as automotive, digital signage, location-based entertainment, industrial controls, medical interfaces, VR games, and AR/VR enterprise applications. It also participates in academic haptic research projects.

Follow the developments in the technology world. What would you like us to deliver to you?
Your subscription registration has been successfully created.