- UltraSense Systems, a company that developed a touch user interface technology using 3D ultrasound for smartphones, cars, home appliances, IoT, and medical devices, announced it has raised $20 million in its Series B funding
UltraSense Systems, a company that developed a touch user interface technology using 3D ultrasound for smartphones, cars, home appliances, IoT, and medical devices, announced it has raised $20 million in its Series B funding. Including this round of funding, the company has raised a total of $24 million.
This round of funding was led by Artiman Ventures and Robert Bosch Venture Capital. And Abies Ventures, Asahi Kasei Corporation, Hui Capital, and Sony Innovation Fund also participated in the round.
“We believe UltraSense’s technology is a game-changer in the way products can be designed and how consumers will interact with their devices,” said Amit Shah, partner of Artiman Ventures. “In such a short period of time, the company has clear traction at multiple customers in several key markets, enabling designers to provide unique user experiences like never before.”
Last month, UltraSense introduced the world’s first ultrasound system-on-a-chip sensor that enables touch sensing through virtually any material of any thickness.
“We see great potential in the adoption of UltraSense’s unique ultrasound sensor enabling new industrial designs required to support 5G mmWave antenna technology for handheld devices and next-generation automobiles, providing aesthetically minimal and cleaner interiors for EV and shared vehicles by eliminating physical buttons,” added Luis Llovera, managing director of North America for Robert Bosch Venture Capital.
UltraSense Systems’ TouchPoint product line enables customers to deliver seamless and natural interactions on any surface, including metal, glass, wood, ceramic and plastic. And the company has created the world’s smallest ultrasound system-on-a-chip which can be used as a technology platform for delivering buttonless touch user interfaces in smartphones, consumer electronics, home appliances, automotive, IoT, industrial and medical markets.
“UltraSense is bringing to market a unique touch interface technology that not only provides practicality in implementation but has the cool factor as it can sense through a variety of materials,” explained Gen Tsuchikawa, Chief Investment Manager at Sony Innovation Fund. “From automotive to consumer products, we look forward to helping disrupt the touch interface market.”
UltraSense Systems founder and CEO Mo Maghsoudnia pointed out with the number of the top mobile OEMs in active evaluations and/or deployment of our technology, the company is expecting to see products in the market later this year
“This funding will enable faster execution and growth in addition to better support for our strategic customers in the United States and greater Asia,” stated Maghsoudnia.