Connect with us

Hi, what are you looking for?

Metaverse CapitalistsMetaverse Capitalists

Business

Aito secures €6m for haptic solutions

Aito has secured a new round of investment to support its continued growth and help the business further commercialise its market leading finger sensing and haptic touch solutions.

This most recent round of investment totals €6 million – Aito’s largest to date – and was supported by current investors KBC Focus Fund, FORWARD

One and Innovation Industries as well as individual high net worth investors.  It will enable the company to extend its reach with new customers and into new laptop haptics applications, following the successful deployment of its haptic touch solution with a major global laptop manufacturer in 2022-3.

Patented finger sensing and haptic touch solution

Aito’s patented technology delivers the most accurate finger sensing and haptic touch solution available on the market today, enabling manufacturers of laptops and other consumer electronics to create new and engaging touch experiences for consumers.

Aito’s CEO, Nedko Ivanov, comments: “This additional funding round will help us capitalise on the significant interest in haptics across the consumer electronics market.  As the technology matures, it continues to be applied to a wider number of products, delivering new and engaging experiences and providing product differentiation for OEMs.  Companies that deploy Aito’s haptic solutions can create slimmer designs and enhance the user experience with zero compromise in terms of product performance.”

Slimmest, most customisable, haptic solution

Aito’s fully customisable solution is the industry’s slimmest haptic touchpad and delivers ultra-local feedback ‘only where you press’ enabling consumer electronics manufacturers to create elegant seamless design solutions integrating haptic touch. The technology can be fully customised with sensitivity and haptic feedback tuned to suit a user’s specific preferences and delivers real world sensations such as virtual buttons with edge effects, using a slider for volume controls or when scrolling, spring effects and more.

“In the past 12 months we’ve seen a growing interest in deploying haptic technology – both as a high-end differentiator in the laptop market but also as an engaging solution for other consumer electronics such as keyboards,” continues Nedko.  “This funding round will help us to capitalise on new opportunities and further extend our customer base.”

Rudi Severijns of KBC Focus Fund comments: “Aito’s world-leading finger sensing and haptic touch technology provides the smartest and slimmest solution on the market.  As the opportunities to deploy haptic technology expand, the company is perfectly placed to deploy its patented technology more widely in the consumer electronics market.   This further investment demonstrates our belief in the market and reaffirms our commitment to Aito’s ongoing success.”

Read more:
Aito secures €6m for haptic solutions

    You May Also Like

    Stocks

    In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the...

    Business

    In the UK, the care sector is under incredible strain, it’s good to know there are people working hard to address the issue. One...

    Business

    With the increased threat of industrial strike action looming across the UK, we consider whether a force majeure clause can strike the right chord...

    Politics

    On January 10, the French government announced plans to raise the retirement age from 62 to 64. The change would mean that after 2027,...

    Dislaimer: pinnacleofinvestment.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 metaversecapitalists.com | All Rights Reserved