H
HaptX
Builds technology that simulates touch with unprecedented realism
About HaptX
HaptX is a pioneering company in the field of wearable technology, specifically focusing on haptic feedback systems. Their flagship product, the HaptX Gloves G1, is designed to simulate the sense of touch with remarkable realism. These gloves use a flexible, integrated tendon system that can apply up to 40 pounds of resistive force per hand, allowing users to feel the size and shape of virtual objects as if they were real. This technology is particularly useful in virtual reality (VR) and robotics, enhancing the way humans interact with machines and digital environments.
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HaptX primarily serves clients in industries that rely heavily on VR and robotics, such as manufacturing, training, and simulation. For example, they have collaborated with the Y-12 National Security Complex to develop a VR training system that leverages multi-user haptics to improve worker training and safety. Their market includes enterprises looking to enhance collaboration and communication in virtual environments, making their technology a valuable tool for sectors that require precise and realistic interaction with virtual objects.
The company operates on a business-to-business (B2B) model, selling their advanced haptic gloves directly to organizations. They generate revenue through the sale of these gloves and potentially through service agreements for ongoing support and updates. By pre-ordering, clients can establish a priority date to receive their HaptX Gloves G1 systems as soon as they are available, ensuring they stay ahead in their respective fields.
HaptX is also focused on innovation and collaboration, as evidenced by their nomination for Best Collaboration Tool at the 2023 Auggie Awards. They are committed to enhancing human-machine interaction and are continually looking for smart, visionary individuals to join their team.
At a glance
- Status
- Operational
- Founded
- 2012
- Headquarters
- Redmond, United States
- Employees
- 10
- Open positions
- None listed
- Dealroom signal
- 64.2/100
- Sector
- Robotics, Fitness, Gamification, Motion Capture, Video Content, Entertainment, Immersive Technologies, Sports Activity and Performance, 5G, Industrial Technology, Industrial AR/VR, Innovative Practices, Home Living
- Technology
- IoT InternetOfThings
- Business model
- Manufacturing
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Sep 2022 | $23M | $92M | AIS Global · Verizon Ventures · Taylor Frigon Capital Management · Mason Avenue Investments | ↗ |
| DEBTDebt | Nov 2021 | $4M | — | Crescent Cove Advisors | ↗ |
Growth signals
Latest recorded traffic for HaptX is 8.4K monthly website visits, up 40% over the last three months. HaptX's team declined 9.1% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
NetEase
Dick Costolo- DVDawn Patrol Ventures
US National Science Foundation
Series A6 investors entered at this stage
Keiretsu Forum- UIUpheaval Investments
Verizon Ventures
Taylor Frigon Capital Management- MIMason Avenue Investments
AIS Global
Series B and later1 investor entered at this stage
Crescent Cove Advisors
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about HaptX on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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