Lofelt Raises $5.4m in Series A Funding
Summary
Lofelt, a Berlin, Germany-based startup that produces high-definition haptic solutions in consumer electronics, secured $5.4M in Series A funding.The company intends to use the funds to expand its engineering team to accelerate the development of new user experiences and technologies.Led by Daniel Büttner, Co-founder and CEO, Lofelt has developed haptic technology to create a natural connection between people and their digital devices.The company has created Basslet, a watch-size subwoofer, and other solutions to innovate a wide range of industries – including gaming, AR, VR, automobile, consumer electronics, toys, medical, entertainment and beyond.Lofelt’s solutions feature haptic rendering with ultra-low latency processing that integrates with existing devices and platforms and use actuators that are silent, energy-efficient and available in specific shapes and sizes.
Funding
Review available funding amount, funding date, investors, and linked company information related to Lofelt Raises $5.4m in Series A Funding in the interactive ISVWorld profile.