Ultraleap, specialists in the creation of interface hand tracking and mid air haptics technologies, has announced it has completed a £60m Series D round of investment.
The investment will mean that Ultraleap are able to extend and commercialise its technologies for both existing and next generation computing platforms.
Ultraleap’s fifth generation hand tracking platform is known as Gemini. The launch means that the innovative hand tracking software can now be used across multiple platforms, including third-party hardware and camera systems.
The pandemic has paved the way for touchless, self-service solutions, and none more so than in theme parks and other attraction sites. Ultraleap’s technology means operators can offer engaging experiences with touchless, hygienic interfaces.
Brands like Lego are using Ultraleap’s technology to encourage the public to return to attraction sites with confidence, by offering touchless facilities. The Series D round will enable Ultraleap to continue to deliver its products to cater for such demand, like the company’s award-winning TouchFree application.
Commenting on the investment, Tom Carter, CEO of Ultraleap, said: “The metaverse concept is not new to Ultraleap. It has always been our mission to remove boundaries between physical and digital worlds. The pandemic has accelerated the rise of the term as more people now understand the power of enhancing the physical world with digital elements.
“For Ultraleap, this new era is not constrained to VR headsets. Like the internet, it is a reality we will interact with in all parts of life: at home, in the office, in cars, or out in public. Our aim with this Series D raise is to accelerate the transition to the primary interface – your hands – because there are no physical controllers, buttons or touchscreens in anyone’s vision of the metaverse.”