San Fransico and Mysuru-based Extended Reality (XR) startup, HoloSuit Pte Ltd, has got funding from Singapore and India-based investors. The three investors include Shabir Momin, MD and CTO of Zenga TV; Rohit Nanda, who’s Singapore based established infrastructure sector-focused equity investor; and Mohammed Sirajuddin, Co-Founder of Creators Gurukul & Partner at Catapooolt .
Extended Reality (XR) refers to all real-and-virtual combined environments and human-machine interactions generated by computer technology and wearables, and includes all its descriptive forms like the Augmented Reality (AR), Virtual Reality (VR) and Mixed Reality (MR). Mixied Reality is merging of real and virtual worlds to produce new environments and visualizations where physical and digital objects co-exist and interact in real time
With the raised amount, the startup aims to take Extended Reality aka XR (VR, MR, AR) to the next level and enhance user’s virtual experience even more. The startup recently unveiled the world’s first bi-directional full-body motion controller/tracker with haptic feedback. Haptic is the process of recognizing objects through touch.
Founded in 2016 by Harsha Kikkeri, HoloSuit started in Silicon Valley, California and expanded to Mysuru, India. Its team is comprised of 15+ stellar AR/VR, loT, and Robotics experts dedicated to developing precision motion capture solutions for immersive VR applications, film production, education and mission critical applications. The team also includes Sneha Khanwalkar as the Chief Idea Generator. Sneha is bollywood music director famed for her music in popular flick Gangs of Wasseypur.
HoloSuit has launched its two versions of a suit that let you feel the virtual experience via the use of sensors and haptic feedback devices. These send vibrations to your body, which give you the feeling of virtual reality. Interestingly, HoloSuit was a part of a competition, where it was spotted by the investors. HoloSuit was part of Product Innovation Hunt, which started in January and reached the finale.
As part of the deal, the investors will also advise the start-up on its global strategy and growth. Shabir Momin, on of the investors, said that the virtual experience is not only limited to gaming but can also be used for real-life experiences such as health care, military, industrial purpose, training, and other sports activities.
Rohit Nanda, another investor, said that Artificial Intelligence is going to be the next cool thing. He said that it has already become the most exciting field of robotics.
With over three-dozen patents issued, HoloSuit’s core team spent more than five years developing the HoloSuit hardware, software and SDK HoloSuit will soon release an SDK to app developers that are interested in integrating HoloSuit into their applications as the universal controller.
Sourced from – Economic Times
[Top Featured Image – Harsha Kikkeri of Kaayatech debuts their haptic full-body motion capture holosuit at Augmented World Expo 2018 | Via – Twitter/Farseer ]