HaptX, the maker of data gloves for virtual reality, has raised $23 million to accelerate the development of its next-generation of haptic technology. AIS Global and Crescent Cove Advisors led the round, with participation from Verizon Ventures, Mason Avenue Investments, and Taylor Frigon Capital Partners. This investment brings HaptX’s total funding to more than $58 million.
This round of capital will go towards funding the commercialization of next-generation products “building on the success of HaptX’s award-winning HaptX Gloves DK2”. Apparently, unlike other haptic gloves which are limited to vibration and force feedback, HaptX Gloves physically displace the user’s skin the way a real object would.
