Lumaux’ first close: investment in SenseGlove

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Lumaux is pleased to share that it has successfully completed its first investment since inception: SenseGlove.

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Haptics gloves
SenseGlove is a high-tech scale up located in Delft, the Netherlands, that develops and produces haptic gloves. Its latest glove, the Nova, provides users with force- and vibrotactile feedback. By applying resistance through its magnetic friction brakes, the Nova emulates the feeling of size and stiffness (force feedback). The vibrotactile feedback allows the Nova to render the feeling of button clicks, vibrations and impact simulations, which are crucial for virtual reality training with tools and dashboards.

In other words, SenseGlove's haptic gloves provide users with a natural and intuitive way to interact with virtual objects. Its gloves are designed to mimic the sense of touch, allowing users to feel the size, stiffness, and resistance of objects in virtual environments. This exciting product contributes to the growth and development of Virtual Reality and has proven use cases in many different fields, including training, research and telepresence.

Pushing the boundaries of technology
Lumaux's investment in SenseGlove reflects its commitment to support Dutch innovative companies that are pushing the boundaries of technology.
Tom Krieckaert, fund manager at Lumaux: "We are thrilled to announce our partnership with SenseGlove. Their ground-breaking technology and talented and diverse team align perfectly with our investment criteria. We are confident that this partnership will yield significant value for everyone involved. We look forward to supporting SenseGlove as they continue to revolutionize the Virtual and Augmented reality landscape."

VR and AR
Lumaux’s investment in SenseGlove comes at a time when Virtual and Augmented reality technologies are rapidly advancing, with many predicting that they will revolutionize a wide range of industries. SenseGlove's haptic gloves are bound to play a key role in this transformation, providing users with a more natural and immersive way to interact with digital content, enriching the overall experience of the Metaverse.

“We are thrilled to announce a partnership with such a high-profile investment firm as Lumaux. This investment will empower us to deploy our state-of-the-art haptic products worldwide and accelerate the development of hand haptics technology to enrich human capabilities and bring sense to Virtual and Augmented Reality”, says Frank Goovaerts, SenseGlove CEO.

About Lumaux
Lumaux is an investment fund for Dutch high tech, based in Eindhoven, the Netherlands. Lumaux will support high potential businesses with a multi-disciplinary team and resources. The team believes that in the current investment environment there is room for a dedicated, resourceful and supportive investment fund. Its fund managers have gained extensive experience in strategic, technical, financial and legal matters, and aim to actively support all aspects of the businesses of portfolio companies. For more information, please visit www.lumaux.com.

About SenseGlove
SenseGlove is a wearable force and haptic feedback glove. It allows to Interact in VR naturally and train muscle memory by getting to feel the size, stiffness and impacts of virtual objects. Unlike controllers, SenseGlove allows you to hold, push, touch, connect and squeeze the virtual like it is real. The combination of force – and vibrotactile feedback, wireless compact design and successful enterprise applications makes it the most practical XR glove on the market.

Today, their product is used to increase the effectiveness of virtual training for clients like Volkswagen, Airbus, Scania, Honda, Cambridge University, TNO, Fraunhofer, Siemens, and many more.

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