About ManoMotion
ManoMotion is a Technology company based in Stockholm (Sweden) founded in 2015 by Shahrouz Yousefi. 3D software for gesture recognition. 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. Its focus areas include High Tech, Augmented Reality, Technology Providers and Hand Tracking. Its legal entity is ManoMotion AB.
Company details
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.
- Headquarters Stockholm, Sweden
- Founders Shahrouz Yousefi
- SectorsTechnology
- Website manomotion.com
- Social LinkedIn X Facebook Instagram
- 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$1.7M (USD)
in 3 rounds
- Latest Funding Round$2.44M (USD), Grant
Jun 2019
- InvestorsEuropean Union
& 5 more
Products & Services of ManoMotion
ManoMotion offers a comprehensive portfolio of products and services, including Hand Tracking Software and Gesture Control for XR.
Software for real-time hand tracking to prevent industrial accidents
Enables natural gesture input for extended reality applications
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 $1.7M
- Total Rounds 3
- Last Round Grant — $2.44M
- First Round $10,000
(Jun 2015)
- Investors Count 6
All 3 funding rounds of ManoMotion with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | $2.44M | Grant | – | – | |
| Aug 2016 | $1.7M | Seed | – | – | |
| Jun 2015 | $10,000 | Grant | – | – |
5 investors in total: 4 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Yope is focused on empowering university-born founders through funding. | founder.org | |||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
College offering multiple courses and degrees across diversified streams | 1827 | kth.se | Stockholm, Sweden | |
Virtual reality metaverse and platform are provided by MindArk. | 1999 | mindark.com | Gothenburg, Sweden | |
WD Willem De Geer | Angel investor and entrepreneur, co-founder of Trine, focusing on impact investments. | unknown_ab141243fe704dafb |
Investor details for ManoMotion
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of ManoMotion
4 people are tracked at ManoMotion (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Shahrouz Yousefi | Co-Founder & CTO | Leadership |
Yeray Real Delgado | Chief Product Officer | Leadership |
Mats Sköld | CFO | Leadership |
Joakim Hedenstedt | Advisor | Team |
Complete people profiles for ManoMotion
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Timeline of ManoMotion
3 dated milestones of ManoMotion across 4 years, from founding to its latest funding, stage changes and deals.
- Founded ManoMotion is founded.
- Funding First funding round of $10K.
- Funding Latest funding round, Grant, of $2.4M.
Web traffic of ManoMotion
The website of ManoMotion (manomotion.com) receives about 3.6K visits a month.
- Monthly visits3.6K
▼ 36.9% vs previous month
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Frequently Asked Questions about ManoMotion
ManoMotion was founded in 2015.
ManoMotion is headquartered in Stockholm, Sweden.
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 2015.
Annual revenue of ManoMotion is $6.21M as on Dec 31, 2023.
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.
ManoMotion offers Hand Tracking Software and Gesture Control for XR.
ManoMotion has 5 investors. Key investors include European Union, KTH, MindArk, Willem De Geer, and Yope.
ManoMotion operates through Manomotion Ab.