Tech Company Financing Transactions
NewHaptics Funding Round
NewHaptics, based in Ann Arbor, received investment from Accelerate Blue Fund.
Transaction Overview
Company Name
Announced On
6/21/2023
Transaction Type
Amount
Unknown
Round
Undisclosed
Investors
Accelerate Blue Fund (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate the development of an its display.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
2890 Carpenter Rd 1700
Ann Arbor, MI 48108-1100
USA
Ann Arbor, MI 48108-1100
USA
Phone
Undisclosed
Website
Email Address
Overview
NewHaptics is an innovative tactile display technology company founded with the goal of improving the lives of people who are blind by enabling true digital interaction using the sense of touch. The company has its roots in the "Holy Braille Project" conducted at the University of Michigan and funded by the National Science Foundation that focused on researching and developing novel technology to enable a full-page tactile display. Since spinning off from the University of Michigan in 2018, NewHaptics has since raised funding from federal and state grants to commercialize novel tactile display technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alex Russomanno
Chief Information Officer
Sile O'Modhrain
Chief Technical Officer
Brent Gillespie
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We do our best to document every notable VC transaction. All VC database entries reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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