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Leading Hand-tracking Company Ultraleap Raises $82 Million Investment

Road to VR

Ultraleap, a leading company focused on hand-tracking interfaces, this week announced it has secured a £60 million (~$82 million) Series D investment, with the goal of expanding its hand-tracking and mid-air haptic tech in the XR space and beyond. Last month the company released its latest revision.

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The XR Week Peek (2021.10.19): HTC launches Vive Flow, Magic Leap 2 announced, and more!

The Ghost Howls

Vive Flow is a 6DOF headset that works with your Android phone as a 3DOF controller (hands tracking is coming in the future). HTC advertises it as a headset for relaxation and productivity because it wants to position it as a different product than a gaming machine like Oculus Quest 2. Image by Magic Leap).

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The XR Week Peek (2022.07.18): Magic Leap 2 price revealed, new rumors about Apple, and more!

The Ghost Howls

Magic Leap reveals prices and availability of ML 2. Finally, Magic Leap has revealed information about the price and availability of Magic Leap 2. These are all right considerations, but it is also true that Magic Leap has much better visuals. Top news of the week. Other relevant news.

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The XR Week Peek (2020.06.13): Magic Leap exploring a sale, events are going virtual and more!

The Ghost Howls

Image by Magic Leap). Magic Leap is on sale. A report on Bloomberg informed us all that Magic Leap is exploring a sale of the company. The sales never skyrocketed and now Magic Leap is in desperate need of cash , after many layoffs, disappointing sales, and having put its IP as collaterals to a bank.

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The point that Zuck is missing when he says that Quest 3 is better than the Vision Pro

The Ghost Howls

It has hand tracking, and the Pro model also has eye tracking, like Apple’s device. The feature itself does not count, Apple counts Apple is a hype machine (Original image by Apple) The Apple brand is super strong everywhere in the world (including in China) and people feel cool flexing their own Apple devices.

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Comparing Spatial Computing Solutions in 2024

XR Today - Mixed Reality tag

This requires the use of artificial intelligence and machine learning algorithms. Companies can even use smart glasses to send instructions to field workers or IoT devices to control machines from a distance remotely. Some organizations focus heavily on hand tracking.

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The XR Week Peek (2020.07.13): Sony invests in Epic, Rockstar is working on an AAA VR game, and more!

The Ghost Howls

Peggy Johnson is the new CEO of Magic Leap. Magic Leap has finally a new CEO: Peggy Johnson. Johnson will have the not easy task of deciding a clear route for Magic Leap, making the company become profitable in the enterprise market after so many failures in the consumer one. Learn More. Some XR fun.

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