Press release -
ManoMotion has successfully secured capital
Deep-tech software company ManoMotion has during the spring secured capital of 8.2 MSEK from existing and new angel investors and partners. This investment will secure the company’s financing well through 2020 in combination with the second batch of proceeds from an EU-grant of a total of 23 MSEK that ManoMotion won in 2019.
ManoMotion will use the proceeds to ramp up its sales and marketing operations by capitalizing on the successful release of its standard products SDK Lite and SDK Pro to a scalable business with the software toolkit promoted and sold online.
In parallel ManoMotion continues to grow its business segments OEM (for industrial applications) and HMDs (for Head Mounted Devices) and have won several new deals during 2020 despite the Covid-19 pandemic.
For additional information, please contact:
Lars Österberg, CEO
Tel: +46 739 739 063
E-mail: lars@ManoMotion.com
Topics
- Packaging, packing
Categories
- new technology
- software
- hand tracking
- augmented reality
- vr
- mr
- ar
ManoMotion is the leading company in hand tracking and gesture analysis in 3D-space by using a standard RGB camera and proprietary AI based software package that can run on any smart device. ManoMotion brings unparalleled intuition in human-computer interactions (HCI), refined through 10 years of research and development in gesture technology. AR/VR-glasses as well as AR software in smart phones and other gadgets is seeking true 3D gesture control for innovative applications, a huge market space where Manomotion is leading the development.
