Ultrahaptics

Ultrahaptics is a touchless haptics company. The company has developed a unique technology that enables users to receive tactile feedback without needing to wear or touch anything. The technology uses ultrasound to project sensations through the air and directly onto the user. Users can ‘feel’ touchless buttons get feedback for mid-air gestures or interact with virtual objects.
Company Growth (employees)
Type
Private
HQ
Bristol, GB
Founded
2013
Size (employees)
71 (est)+8%
Ultrahaptics was founded in 2013 and is headquartered in Bristol, GB

Ultrahaptics Office Locations

Ultrahaptics has an office in Bristol
Bristol, GB (HQ)
Station Approach

Ultrahaptics Data and Metrics

Summary Metrics

Founding Date

2013

Total Funding

$39.7 m

Latest funding size

$23.1 m

Time since last funding

4 months

Investors

Ultrahaptics's latest funding round in May 2017 was reported to be $23.1 m. In total, Ultrahaptics has raised $39.7 m

Ultrahaptics Financial Metrics

Ultrahaptics's revenue was reported to be £246.8 k in FY, 2015
GBP

Revenue (FY, 2015)

246.8 k

Gross profit (FY, 2015)

229.6 k

Gross profit margin (FY, 2015), %

93%

Net income (FY, 2015)

(621 k)

Cash (31-Jul-2015)

689.6 k
GBPFY, 2015

Revenue

246.8 k

Cost of goods sold

17.2 k

Gross profit

229.6 k

Gross profit Margin, %

93%

Operating expense total

759.1 k

Pre tax profit

(621 k)

Net Income

(621 k)
GBPFY, 2015

Cash

689.6 k

Accounts Receivable

40.5 k

Current Assets

798.8 k

PP&E

23.9 k

Total Assets

822.6 k

Accounts Payable

57 k

Current Liabilities

565.5 k

Total Liabilities

565.5 k

Retained Earnings

(529.5 k)

Total Equity

257.1 k

Financial Leverage

3.2 x
GBPFY, 2015

Cash From Operating Activities

(541.7 k)

Cash From Financing Activities

1.2 m
GBPY, 2015

Revenue/Employee

24.7 k

Financial Leverage

3.2 x

Traffic Overview of Ultrahaptics

Ultrahaptics Online and Social Media Presence

Ultrahaptics News and Updates

Ultrahaptics raises $23 million for its invisible ‘touchless interfaces’

 As huge tech companies continue to dump money into VR and AR technology looking to convince us digital objects in front of us are actually real, they’re still having a tough time figuring out how to make them feel real. Ultrahaptics is working on a technology that uses ultrasound waves to construct…

Ultrahaptics raises £17.9 million for its mid-air haptics technology

Ultrahaptics, the Bristol-based startup trying to bring mid-air haptics to applications like VR and AR, has raised £17.9 million. The Series B round includes existing investors IP Group plc and Woodford Investment Management and new investors Cornes, which previously had a distribution deal with the…

Look out for Ultrahaptics haptic feedback in new cars this year

 Since Ultrahaptics was founded in 2013, the company has showed off a string of better and better technical demos. Which has been fun, but obviously where the rubber really hits the road (pun most emphatically intended) is when the products start showing up in the real world. 2017 may just prove to …

Ultrahaptics shows off sense of touch in virtual reality

Ultrahaptics had an interesting demo at the VRX virtual reality conference last week. It used ultrasound technology so that I could feel things in VR using my own fingers. While wearing a VR headset, I reached out and held a virtual ball. My fingers were in mid-air, but it felt like I was touching s…

Ultrahaptics uses ultrasound so you can feel things in VR

The problem with virtual reality is that it’s never quite immersive enough. While the visuals and sound make you feel like you’re wandering in a 3D space, that feeling of immersion disappears when you try to touch something. That’s why Ultrahaptics is developing ultrasound “haptics” technology so yo…

Ultrahaptics Company Life and Culture

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