Aito raises €1m to boost haptics

Aito raises €1m to boost haptics

Business news |
By Nick Flaherty

Dutch start-up Aito has raised €1m to boost development of its haptic touch sensing technology

The funding from the start-up and scale-up team of Dutch bank Rabobank follows fundraising of €4m in sprint 2021, provides the company with further finance to accelerate the growth and extend its finger sensing and haptic feedback solution to more tier one consumer technology brands.

“Following a strong start to 2022, Rabobank has provided investment to help support our ambitious plans to further commercialise our award-winning patented technology with other world leading consumer technology brands,” said Nedko Ivanov, CEO of Aito. “Haptic touchpads [are] a key technology trend for 2022, becoming increasingly mainstream across laptops and other consumer devices.  We are now well positioned to extend our unique and versatile haptic touch solutions to further brands and devices.”

Aito’s finger sensing and haptic touch system is less than 2.4mm thick and provides ultra-local haptic feedback: ‘only where you press’. The technology is scalable technology to offer the largest edge to edge haptic surfaces on the market with seamless design and has already been integrated into laptop touchpads.

The funding will allow the technology to be used in the wider consumer electronics market with display screens, gaming devices and AR/VR solutions that deploy touch interfaces.

“Aito’s ground-breaking and patented technology offers new design options to create more compact and versatile laptops, accessories, displays and other devices delivering new tactile experiences,” said Robbert Lut of Rabobank. “The company helps consumer technology brands differentiate products in highly competitive markets, offering significant return on investment.  This investment demonstrates our confidence in the company’s current product portfolio and ambitious further growth plans.”

“With more than 85 patents, we have built a significant portfolio of intellectual property across all the key aspects of the technology to enable integrated finger sensing and haptic feedback experiences, including sensing and control, signal processing and mechanical construction,” said Ivanov. “An increasing number of technology companies are deploying our integrated solution to create intuitive touch experiences housed in elegant new designs. This investment will further accelerate our growth in a dynamic, ever evolving potential market.”

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