PORTFOLIO / Ultraleap
Advancing the development of technologies that redefine how people interact with machines across the digital world and metaverse
Sales
N.D.
Employees
>150
Investment date
November 2018
Status
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
