Company Directory / Ultrahaptics Limited

Business Description

Discover a new type of haptics. We create the sensation of touch in mid-air and develop 3D shapes and textures that can be felt, but not seen.

At Ultrahaptics we create tactile sensations in mid-air. No controllers or wearables are needed: our patented “virtual touch” technology uses ultrasound to project shapes and textures directly onto the user’s hands. Controls can be operated without touching a surface, gestures can be enhanced with tactile feedback, and users can interact in a natural way with virtual objects.

Ultrahaptics was founded in 2013 based on technology developed at the University of Bristol, UK. 2014 seed funding; 2015 A round of funding of £10.1m ($15m) + European Commission Grant of €1.49m ($1.8m); 2017 B Round of £18.9m ($23m).

Investors: IP GROUP PLC, DOLBY FAMILY VENTURES, WOODFORD INVESTMENT MANAGEMENT, CORNES GROUP. MAYFAIR EQUITY PARTNERS and HOSTPLUS.

Ultrahaptics is currently engaged with blue-chip clients from multiple markets including automotive, digital signage and location-based entertainment.

MANAGEMENT
Steve Cliffe, President & CEO
…. joined from PLESSEY SEMICONDUCTOR, where he was Business Development Director. Prior to that role, he was CEO at PROVISION and XINTRONIX.

Tom Carter, Founder & CTO
… started exploring ultrasound technology during a study in the final year of his Master’s degree in Computer Science at the UNIVERSITY OF BRISTOL. Recognising the technology’s commercial viability, Tom founded Ultrahaptics in November 2013.

Michael Tobin OBE, Chairman (since January 2015).
Previously, he held the position of CEO of TELECITYGROUP PLC, a major FTSE250 technology company, where over the past decade he has led the business from a market cap of £6m to Europe’s leading Data Centre operator worth over £1.5Bn. Also on the board of tech companies PACNET in Asia and DATAPIPE in the USA, in 2014 he was awarded an OBE by the Queen for Services to the Digital Economy.

Mark Reilly, IP Group
…. was the founder and Managing Director of REMARKABLE INNOVATION, a successful Singapore-based technical due diligence company …PhD in Engineering from the University of Cambridge, UK.

Sir Hossein Yassaie, Non-Executive Director
… career working at INMOS, STMICROELECTRONICS and Videologic, which later became IMAGINATION TECHNOLOGIES in 1999. Hossein received a knighthood in the 2013 New Year Honours

Queen’s Award for Enterprise for Innovation

Registered Address

The West Wing
Glass Wharf
Bristol
BS2 0EL

Contact Details

Key Data

Sector
2737 Electronic Equipment
Company Number
08781720
Type
Private Limited Company
Company Age
5 years
Incorporated
November 19, 2013
Status
Active
Nature of Business
62012 - Business and domestic software development
Year End
December 31
Accounts Due
September 30, 2019
Latest Accounts
December 31, 2017