HomeNew ZealandStretchSense Closes US$7.6M Funding

StretchSense Closes US$7.6M Funding

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stretchsense

StretchSense, an Aukland, New Zealand-based provider of motion capture technology for the gaming and animation sectors, raised US$7.6M in Series A funding.

The round was led by Par Equity with participation from GD1, and Scottish Enterprise.

The company intends to use the funds to further accelerate its global expansion.

Founded in 2012 by CEO Dr. Ben O’Brien, Chief Technology Officer Dr. Todd Gisby, and bioengineering Professor Iain Anderson, StretchSense is the creator of the MoCap Pro Glove and Hand Engine software. Its hand and finger motion capture solution combines bespoke stretch sensors with machine-learning for superior finger tracking and reduced clean up in post-production.

StretchSense is headquartered in Auckland with offices in Seattle and Edinburgh and has more than 200 gaming and visual effects (VFX) studios using its technology worldwide.

FinSMEs

09/11/2022

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