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Ultraleap Reportedly Plans To Sell Its Leap Motion Hand Tracking Group Amid Major Layoffs

Upload VR

The startups formerly known as Ultrahaptics and Leap Motion appear to be heading in separate directions again after 5 years together ended in significant layoffs. In May 2019, Ultrahaptics bought Leap Motion to merge their complementary ideas – a haptic effect produced through ultrasound with industry-leading hand tracking.

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Leap Motion Grabs $50M Investment for Class-leading Hand-tracking Tech

Road to VR

Leap Motion, a veteran player in the virtual reality sector (having been founded two years ahead of Oculus), has announced the closure of a Series C investment round totaling $50 million. However, one place in VR still seems like a potential sweet spot for Leap Motion’s hand-tracking tech: mobile.

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The XR Week Peek (2020.09.21): Quest 2 released, NVIDIA acquires ARM, Leap Motion 2 on sale, and much more!

The Ghost Howls

You can finally buy the Leap Motion v2 accessory. The time for us XR developers to buy a Leap Motion 2 has finally come. Leap Motion 1 has been used by almost every developer and researcher , both in VR and not. Yes, the price is higher than the cheap Leap Motion 1, but this is also a far better device.

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Leap Motion Raises $50 Million For Its Finger Tracking Technology

UploadVR Between Realities podcast

Leap Motion is one possible solution, with its hand and finger tracking technology offering one route for VR and AR headsets to let people make selections and interact with virtual worlds. This potential likely figured into the $50 million Series C funding raised by Leap Motion. The round was led by J.P.

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Leap Motion secures $50M to continue its work in VR/AR hand-tracking tech

Cats and VR

Leap Motion, Inc., the leading creator of motion tracking technology for natural input in virtual and augmented reality, today announced $50 million in Series C funding led by clients advised by J.P. Morgan Asset Management’s Private Equity Group, has joined Leap Motion’s board of directors.

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Weekly Funding & People Roundup: Leap Motion Raises $50M,

AllThingsVR

The Series A round was led by leading online real estate portal and first-time investor, Zillow Group. Read more here. 3) Hutch Interiors , an LA-based startup, has raised $10M for its AR home design mobile app. Read more here.

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Leading Hand-tracking Company Ultraleap Raises $82 Million Investment

Road to VR

Formerly known as Ultrahaptics, Ultraleap was formed after the UK-based haptics company acquired leading hand-tracking company Leap Motion back in 2019. The new name clearly defined the merger’s unique combination of mid-air ultrasonic haptics now underpinned by some of the best hand-tracking tech in the industry.