Tech Company Financing Transactions
StretchSense Funding Round
StretchSense closed a $7.6 million Series A funding round on 11/9/2022. Backers included Par Equity, GD1 and Scottish Enterprise.
Transaction Overview
Company Name
Announced On
11/9/2022
Transaction Type
Venture Equity
Amount
$7,600,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to further accelerate its global expansion.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
114 Rockfield Road
Penrose Auckland, 1061
NZ
Penrose Auckland, 1061
NZ
Phone
Website
Email Address
Overview
StretchSense produces a hand motion capture solution that combines stretch sensor gloves with machine learning, resulting in superior finger tracking for animators, game developers and film studios. The soft capacitors inside our gloves can be stretched or squeezed, and the resulting changes can be measured with a high degree of accuracy. Stretch sensors do not suffer from occlusion, drift or magnetic interference -- factors that limit the effectiveness of other types of motion sensors.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Benjamin O'Brien
Chief Financial Officer
Rochelle Morgan
Chief Operating Officer
Chris Komatas
Chief Technical Officer
Todd Gisby
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