About ManoMotion
ManoMotion is a company based in Stockholm (Sweden) founded in 2015 by Shahrouz Yousefi.. ManoMotion has raised $1.7 million across 3 funding rounds from investors including European Union, KTH and MindArk. ManoMotion offers products and services including Hand Tracking Software and Gesture Control for XR. ManoMotion operates in a competitive market with competitors including uSens, Leap Motion, Motion Gestures, Ultraleap and Bragi, among others.
- Headquarter Stockholm, Sweden
- Founders Shahrouz Yousefi
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Manomotion Ab
-
Annual Revenue
$6.21 M (USD)-18as on Dec 31, 2023
-
Net Profit
$-8.03 M (USD)-10as on Dec 31, 2023
-
EBITDA
$-8.03 M (USD)-10as on Dec 31, 2023
-
Total Equity Funding
$1.7 M (USD)
in 3 rounds
-
Latest Funding Round
$2.44 M (USD), Grant
Jun 01, 2019
-
Investors
European Union
& 5 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of ManoMotion
ManoMotion offers a comprehensive portfolio of products and services, including Hand Tracking Software and Gesture Control for XR. 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.
Software for real-time hand tracking to prevent industrial accidents
Enables natural gesture input for extended reality applications
Unlock access to complete
Leadership Team
1 people
Product Management Team
1 people
Advisor Team
1 people
Finance and Accounting
1 people
Unlock access to complete
Funding Insights of ManoMotion
ManoMotion has successfully raised a total of $1.7M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $2.44 million completed in June 2019. 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 Funding
- Total Rounds 3
- Last Round Grant — $2.4M
-
First Round
First Round
(01 Jun 2015)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Grant - ManoMotion | Valuation |
investors |
|
| Aug, 2016 | Amount | Seed - ManoMotion | Valuation |
investors |
|
| Jun, 2015 | Amount | Grant - ManoMotion | Valuation |
investors |
| 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 ManoMotion
ManoMotion has secured backing from 5 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include European Union, KTH and MindArk. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Yope is focused on empowering university-born founders through funding.
|
Founded Year | Domain | Location | |
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location | |
|
College offering multiple courses and degrees across diversified streams
|
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 ManoMotion
| 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 - ManoMotion
| 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 |
Manomotion Comparisons
Competitors of ManoMotion
ManoMotion 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 uSens, Leap Motion, Motion Gestures, Ultraleap and Bragi, 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 |
Creates AI-driven computer vision, XR tracking, and headset solutions for tech industries.
|
|
| domain | founded_year | HQ Location |
Hand tracking solutions for AR/VR applications are provided.
|
|
| domain | founded_year | HQ Location |
AI and cloud-based motion gesture recognition systems are provided.
|
|
| domain | founded_year | HQ Location |
Provider of spatial interaction technology solutions
|
|
| domain | founded_year | HQ Location |
Smart wireless headphones with performance tracking and translation are developed.
|
|
| domain | founded_year | HQ Location |
ArcSoft is engaged in developing intelligent driving and imaging technologies.
|
| 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 Manomotion
Frequently Asked Questions about ManoMotion
When was ManoMotion founded?
ManoMotion was founded in 2015.
Where is ManoMotion located?
ManoMotion is headquartered in Stockholm, Sweden.
Is ManoMotion a funded company?
ManoMotion is a funded company, having raised a total of $1.7M across 3 funding rounds to date. The company's 1st funding round was a Grant of $10K, raised on Jun 01, 2015.
What is the annual revenue of ManoMotion?
Annual revenue of ManoMotion is $6.21M as on Dec 31, 2023.
What does ManoMotion do?
ManoMotion was founded in 2015 in Stockholm, Sweden, focusing on software solutions in the gesture recognition sector. Hand and body tracking technologies are offered for industrial safety in hazardous zones and extended reality (XR) applications. Integration is supported with various cameras, hardware, and platforms, including features such as gesture detection, masking, and mesh generation. A metaverse toolkit is also provided for broader use cases.
Who are the top competitors of ManoMotion?
ManoMotion's top competitors include Hillcrest Labs, Oxford Metrics and Ultraleap.
What products or services does ManoMotion offer?
ManoMotion offers Hand Tracking Software and Gesture Control for XR.
Who are ManoMotion's investors?
ManoMotion has 5 investors. Key investors include European Union, KTH, MindArk, Willem De Geer, and Yope.