bHaptics

Daejeon, South Korea Founded: 2015 • Age: 11 yrs
Wearable haptic devices for gaming are developed and produced.
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About bHaptics

bHaptics is a company based in Daejeon (South Korea) founded in 2015.. bHaptics has raised $15.41 million across 2 funding rounds from investors including Mirae Asset, Korean Development Bank and Aju IB Investment. bHaptics offers products and services including TactSuit Pro, TactSuit Air, TactSleeve, FPS Bundle, and TactGlove. bHaptics operates in a competitive market with competitors including Immersion, Tactical Haptics, Tactai, Haply and Striker VR, among others.

  • Headquarter Daejeon, South Korea
  • Sectors
    Media & Entertainment
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Behaptics Co., Ltd
Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment
Technology → Extended, Virtual & Augmented Reality
Technology → Extended, Virtual & Augmented Reality
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $15.41 M (USD)

    in 2 rounds

  • Latest Funding Round
    $7.49 M (USD), Series C

    Jan 22, 2024

  • Investors
    Mirae Asset

    & 7 more

  • Employee Count
    Employee Count
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Products & Services of bHaptics

bHaptics offers a comprehensive portfolio of products and services, including TactSuit Pro, TactSuit Air, TactSleeve, FPS Bundle, and TactGlove. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Haptic vest with 32 feedback points for VR immersion.

Lightweight suit for enhanced gaming tactile feedback.

Arm sleeve providing haptic sensations in VR games.

Bundle of haptic products for first-person shooter games.

Glove for hand-based haptic feedback in virtual environments.

People of bHaptics
Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Hyunmi Kim
HR Manager
People
Keun Yong Lee
Chief Financial Officer

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Funding Insights of bHaptics

bHaptics has successfully raised a total of $15.41M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $7.49 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series C — $7.5M
  • First Round

    (01 Jan 2022)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2024 Amount Series C - bHaptics Valuation KB Investment , Korean Development Bank
Jan, 2022 Amount Series B - bHaptics Valuation OpenWaterINV , Aju IB Investment
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in bHaptics

bHaptics has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Mirae Asset, Korean Development Bank and Aju IB Investment. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital fund investing in early-stage tech startups
Founded Year Domain Location
Financial support is provided to ventures by Hana Ventures.
Founded Year Domain Location
Multiple sectors are invested in by OpenWaterINV venture capital fund.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by bHaptics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - bHaptics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bhaptics Comparisons

Employees
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Competitors of bHaptics

bHaptics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Immersion, Tactical Haptics, Tactai, Haply and Striker VR, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Haptics software is licensed to OEMs across multiple industries.
domain founded_year HQ Location
Haptic motion controllers for VR, games, and healthcare are provided.
domain founded_year HQ Location
Provides a wearable device for interacting with virtual world objects.
domain founded_year HQ Location
Developer of haptic devices for VR applications
domain founded_year HQ Location
Virtual reality gun controllers are supplied for location-based entertainment venues.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bhaptics

Frequently Asked Questions about bHaptics

When was bHaptics founded?

bHaptics was founded in 2015 and raised its 1st funding round 7 years after it was founded.

Where is bHaptics located?

bHaptics is headquartered in Daejeon, South Korea.

Is bHaptics a funded company?

bHaptics is a funded company, having raised a total of $15.41M across 2 funding rounds to date. The company's 1st funding round was a Series B of $7.92M, raised on Jan 01, 2022.

What does bHaptics do?

bHaptics is a maker of wearable gaming haptic devices. Its offerings are Tactosy (arms, hands, and feet worn), Tactot (torso), and Tactal (face). The wearables are equipped with haptic actuators based on devices size and functionality like the Tactot has 40, Tactal 3, Tactosy has 3, 3 and 6 each unit (arms, hand, and feet). Tactosy Studio is a web-based haptic editing tool which allows creating haptic feedback and adds to a video. Tactosy app enables customizing haptic feedback with various options, checking the status and connecting to Arduino.

Who are the top competitors of bHaptics?

bHaptics's top competitors include Immersion, Haply and Tactical Haptics.

What products or services does bHaptics offer?

bHaptics offers TactSuit Pro, TactSuit Air, TactSleeve, FPS Bundle, and TactGlove.

Who are bHaptics's investors?

bHaptics has 8 investors. Key investors include Mirae Asset, Korean Development Bank, Aju IB Investment, Daesung Startup Investment, and KB Investment.

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