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SenseGlove raise 3,25 million euros in Series A funding round led by Lumaux!

SenseGlove Team

[Delft, Netherlands – 19.04.2023] – SenseGlove, a leading provider of haptic gloves for virtual and augmented reality, has announced that it has raised 3,25 million euro in a Series A funding round led by Lumaux, a venture capital firm that invests in innovative technology companies. The new investors will join the SenseGlove advisory board.

The funding will be used to accelerate SenseGlove’s growth and innovation, with a focus on advancing the haptics technology for the current SenseGlove Nova gloves and increasing its global presence. The investment will also be used to develop new hand haptic products and to open an office in the United States, to better serve its growing North American customer base.

“We are thrilled to have Lumaux as our partner in this exciting new phase of our growth,” said Frank Goovaerts, CEO of SenseGlove. “This investment will allow us to continue to innovate and accelerate the development of hand haptics technology, as well as strengthen our position as a leader in haptic technology for virtual and augmented reality.

SenseGlove’s haptic gloves allow users to interact in VR naturally and train muscle memory by providing the feeling of size, stiffness, and impacts of virtual objects.

SenseGlove has been used by a wide range of industries, including manufacturing, healthcare, and education. The company’s technology has been praised for its ease of use and scalability: both versions of SenseGlove products (the DK1 and the Nova) have been implemented by over 500 companies including Volkswagen, P&G and the Royal Dutch Army.

Lumaux’s investment in SenseGlove reflects its commitment to support Dutch innovative companies that are pushing the boundaries of technology. Tom Krieckaert, fund manager at Lumaux: “We are thrilled to announce our partnership with SenseGlove. Their ground-breaking technology and talented and diverse team align perfectly with our investment criteria. We are confident that this partnership will yield significant value for everyone involved. We look forward to supporting SenseGlove as they continue to revolutionize the virtual and augmented reality landscape.”

Previously SenseGlove raised funding from various international investors, including Forward.One and Value Creation Capital. The total funding raised to date is about 5,5 million euro.

SenseGlove Team

SenseGlove and Lumaux celebrate the new investment at YES!Delft

About SenseGlove

SenseGlove is a wearable force and haptic feedback glove. It allows user to interact in VR naturally and train muscle memory by getting to feel the size, stiffness and impacts of virtual objects. Unlike controllers, SenseGlove allows you to hold, push, touch , connect, and squeeze the virtual like it’s real. The combination of force and vibrotactile feedback, wireless compact design, and successful enterprise applications, makes it the practical XR glove on the market. Today, their product is used to increase the effectiveness of virtual training for clients like Volkswagen, Airbus, Scania, Honda, Cambridge University, TNO, Fraunhofer, Siemens, and many more.
 

About Lumaux

Lumaux is an investment fund for Dutch high-tech, based in Eindhoven, the Netherlands. Lumaux will support high-potential businesses with a multi-disciplinary team and resources. The team believes that in the current investment environment, there is room for a dedicated, resourceful and supportive investment fund. Its fund managers have gained extensive experience in strategic, technical, financial and legal matters, and aim to actively support all aspects of the businesses of portfolio companies. For more information, please visit http://www.lumaux.com.

For more information, please contact:

SenseGlove

Irina Tripapina, Head of Marketing irina@senseglove.com
+31 6 482 374 65

Lumaux

Manon Krieckaert-Nijs, Marketing & Communications Lumaux m.krieckaert@lumaux.com
+31 (0)6 – 82 75 02 88.

Want to learn more about how SenseGlove is changing companies training processes with haptic gloves? Check out some of our case studies!

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Don't miss out on the SenseGlove Nova Blue gloves

Blue Nova By Senseglove

Get an advanced Nova Blue (limited edition) with stronger force-feedback, when ordering SenseGlove Nova.

It has been 5 years since we shipped our first Blue DK1 gloves. To honor the original gloves and celebrate SenseGlove’s achievements, we have created a limited series of Nova Blue. Get yours today!

Don’t miss out on the SenseGlove Nova 2 release

Discover our new product, the Nova 2: the next generation of SenseGlove Nova. Contact us to learn more about the first and only wireless compact glove that offers palm feedback.