HaptX raises another $12M for high-tech gloves, relocates HQ back to Seattle

21 Jul, 2021

HaptX raises another $12M for high-tech gloves, relocates HQ back to Seattle
Photo by Vincent Wen on Unsplash

– HaptX is raising more cash to meet demand for its haptic gloves that help enterprise customers working in virtual reality and robotics.
– The company just landed $12m from existing investors including Verizon Ventures, Mason Avenue Investments, Taylor Frigon Capital Partners, and Upheaval Investments.
– Total funding to date is $31m.
– HaptX released the HaptX Gloves DK2 in January and said all inventory is sold out.
– It will use the funding to launch a second manufacturing run.
– The company is also moving its headquarters to back the Seattle area, where it originally launched before moving to California and will open a new 15,000 square-foot space.

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