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High Tech Series B Founded 2012

HaptX

HaptX is a haptic technology company that develops wearable devices using patented microfluidic smart textile technology to deliver realistic touch feedback and motion tracking for virtual reality training, robotics, and design and manufacturing applications. The company's flagship product, HaptX Gloves G1, features hundreds of pneumatic actuators embedded in microfluidic air channels that push against the user's…

📍 San Luis Obispo, United States · Virtual Reality,

Funding snapshot

Last roundSeries B
Amount$257K
Date30 September 2023
Total raised$58M
Team size9

About

HaptX is a haptic technology company that develops wearable devices using patented microfluidic smart textile technology to deliver realistic touch feedback and motion tracking for virtual reality training, robotics, and design and manufacturing applications. The company's flagship product, HaptX Gloves G1, features hundreds of pneumatic actuators embedded in microfluidic air channels that push against the user's skin to simulate detailed tactile feedback and physical resistance, while a submillimeter motion capture system tracks hand movements. When handling virtual objects, users feel texture, size, rigidity, and other physical characteristics, enabling learn-by-doing experiences that build muscle memory for complex manual tasks including surgery, manufacturing processes, materials handling, and equipment maintenance. The company also offers Nexus NX1, engineered by 1HMX, the first whole-body system combining lifelike touch, natural locomotion, and precision motion capture in a unified platform that integrates HaptX Gloves G1, Virtuix Omni One, Freeaim Shoes, and 72 DoF body and hand tracking. HaptX provides an SDK for developers to create custom haptic simulations. The technology serves workforce training simulations that accelerate procedural learning, robotics applications including remote control with unprecedented precision and AI training data generation, and design and manufacturing visualization. HaptX has been recognized as the gold standard for haptics in VR by Forbes, TechCrunch, WIRED, The Wall Street Journal, and Road to VR, with endorsements from Jeff Bezos and other prominent figures. Founded in 2012 and headquartered in San Luis Obispo, United States, HaptX has raised $58M in Series B funding from investors including Crescent Cove Advisors, NetEase, Taylor Frigon Capital Management, Upheaval Investments, Votiv, Keiretsu Capital, Keiretsu Forum, Dawn Patrol Ventures, Keeler Investments Group, NetEase Games, AIS, Verizon, Mason Avenue Investments, HHS, Family Angel Management Fund, and Central Coast Ventures.

Business model

Virtual Reality > Interactivity Enablers > Input > Hand Tracking > Gloves,

Haptic Technology > Applications > Multi-Industry > Haptic Gloves,

Wearable Technology > Smart Clothing and Accessories > Smart Gloves

Institutional investors

Crescent Cove Advisors NetEase Taylor Frigon Capital Management Upheaval Investments Votiv Keiretsu Capital Keiretsu Forum Dawn Patrol Ventures Keeler Investments Group NetEase Games AIS Verizon Mason Avenue Investments HHS Family Angel Management Fund

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