PORTFOLIO / Ultraleap

Advancing the development of technologies that redefine how people interact with machines across the digital world and metaverse

Sector

Tech

HQ

Bristol, UK

Geographic footprint

UK, United States

Sales

N.D.

Employees
>150

Investment date

November 2018

Status

Current

The company

Ultrahaptics was founded in 2014 and quickly emerged as a pioneer in the field of virtual touch, using proprietary technology to enable people to feel and manipulate virtual objects in mid-air without the use of physical devices. From its UK headquarters, Ultrahaptics has developed world-class technology in haptics, tracking and directional audio with commercial applications across an accelerating multi-billon dollar global market. 

The investment

Ultrahaptics was founded in 2014 and quickly emerged as a pioneer in the field of virtual touch, using proprietary technology to enable people to feel and manipulate virtual objects in mid-air without the use of physical devices. From its UK headquarters, Ultrahaptics has developed world-class technology in haptics, tracking and directional audio with commercial applications across an accelerating multi-billon dollar global market. 

Our partnership

Mayfair has supported Ultraleap across several areas including:

  • Backing the acquisition of Leap Motion and repositioning the enlarged company as a global technology licensing platform with numerous software and hardware patents that provide next generation capabilities.
  • Supporting management to establish operational controls and processes as part of a post-merger integration process – Helping to secure major licencing and royalty agreements with multinational technology OEMs. – Providing access to Mayfair’s Specialists to deliver superior financial reporting, tax planning and insurance coverage.

“Mayfair really bought into the vision we have as a company. It was clear from the very beginning that they weren’t going to be a passive shareholder, but they were going to be actively engaged and high value-adding. It really is a partnership.”

Tom Carter, Founder and CEO of Ultraleap