Thread In Motion

Istanbul, Turkey Founded: 2016 • Age: 10 yrs
Smart gloves are developed and manufactured for industrial applications.
Annual revenue - Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 6 Services tracked
Competitors 9 Brand Intelligence

About Thread In Motion

Thread In Motion is a company based in Istanbul (Turkey) founded in 2016. Thread In Motion offers products and services including VEGA-X PRO, VEGA PRO, VEGA-X, VEGA, and CONWO. Thread In Motion operates in a competitive market with competitors including HaptX, Noitom, Diver-X, SenseGlove and Novasentis, among others.

  • Headquarter Istanbul, Turkey
  • Stage Minicorn
  • Sectors
    Technology
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Operational Areas
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
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  • EBITDA
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  • Latest Funding Round
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Products & Services of Thread In Motion

Thread In Motion offers a comprehensive portfolio of products and services, including VEGA-X PRO, VEGA PRO, VEGA-X, VEGA, and CONWO.

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Primary

Smart glove for high-volume scanning and real-time data in logistics.

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Glove with scanning capabilities for manufacturing operations.

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Compact smart glove for tracking assets in various industries.

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Wearable for real-time monitoring in automotive and retail.

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Analytics tool for predictive scheduling and process management.

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Software for task management in industrial settings.

People of Thread In Motion

Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Rahim ÖNER
CTO
People
MUSTAFA GÜVENÇ
Hardware Design Engineer
People
Enes Boğaoğlu
Business Analyst
People
Duygu Çobanoğlu
Senior Accounting Specialist

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Funding Insights of Thread In Motion

Investors in Thread In Motion

Thread In Motion has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include ESOR Investments, Teknoloji Yatırım and Startupbootcamp.

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Venture Fund
Investor Description Founded Year Domain Location
A venture capital firm focused on emerging technology investments.
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Early-stage and growth financing solutions are provided for tech startups.
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Tech focused global accelerator firm
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Investor details for Thread In Motion

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by Thread In Motion

Investments
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Investment portfolio details for Thread In Motion

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Financial Statements - Thread In Motion

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Detailed financials for Thread In Motion

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Thread In Motion Comparisons

Thread In Motion Primary company
Description
Smart gloves are developed and manufactured for industrial a...
Location
Istanbul, Turkey
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Thread In Motion

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Competitors of Thread In Motion

Thread In Motion 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 HaptX, Noitom, Diver-X, SenseGlove and Novasentis, among others.

Company Name Domain Founded year HQ Location Description
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Provider of wearable devices for motion tracking
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Motion capture systems, VR gloves, and software solutions are developed.
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Haptic gloves for virtual reality input are developed.
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Hand glove controllers for virtual reality applications are developed.
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Electro-mechanical polymer haptic actuators are offered for wearable devices.
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Delivers haptic gloves for virtual reality training applications.
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Detailed competitors of Thread In Motion

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Latest news on Thread In Motion

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Complete news archive for Thread In Motion

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Frequently Asked Questions about Thread In Motion

Thread In Motion was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Thread In Motion is headquartered in Istanbul, Turkey.

Developer of smart gloves. It designs and manufactures connected gloves for industrial applications. It also offers a weaving technology to create a smart textile. It works with OEMs and brands for developing new products using their technology.

Thread In Motion's top competitors include HaptX, Noitom and Novasentis.

Thread In Motion offers VEGA-X PRO, VEGA PRO, VEGA-X, VEGA, and 2 more products and services.

Thread In Motion has 3 investors. Key investors include ESOR Investments, Teknoloji Yatırım, and Startupbootcamp.

The valuation of Thread In Motion is $26.91M as of Oct 2022.

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