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Haptx Announces $4M Investment From Crescent Cove Advisors To Accelerate Expansion

Nov 23, 2021•almost 4 years ago

Amount Raised

$4 Million

Round Type

seed

RedmondSales And MarketingSoftwareHardware

Description

HaptX, the leading provider of realistic haptic gloves for VR and robotics, today announced that it has secured a $4m credit facility from Crescent Cove Advisors. The $4m investment brings HaptX's Series A funding to $28m, and the company's total funding to $35m.

Company Information

Company

Hapt X

Location

Redmond, Washington, United States

About

HaptX builds technology that simulates touch sensation with unprecedented realism. HaptX Gloves enable natural interaction and true-contact haptics in virtual reality and robotics for the first time. A venture-backed startup, HaptX is headquartered in Redmond, WA, with offices in San Luis Obispo and San Francisco, CA.