About Touchlab
Touchlab is a company based in Edinburgh (United Kingdom) founded in 2018 by Zaki Hussein. Touchlab has raised $4.8 million across 1 funding round from investors including Octopus Ventures, Creator Fund and Techstart Ventures. The company has 8 employees as of December 31, 2023. Touchlab offers products and services including Touch Sensor Layer. Touchlab operates in a competitive market with competitors including Wootzano, tacterion, Xela Robotics, Contactile and FlexoSense, among others.
- Headquarter Edinburgh, United Kingdom
- Employees 8 as on 31 Dec, 2023
- Founders Zaki Hussein
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Touchlab Limited
- Date of Incorporation 06 Sep, 2018
- Jurisdiction RICCARTON, SCOTLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4.8 M (USD)
in 1 rounds
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Latest Funding Round
$4.8 M (USD), Seed
Jul 07, 2022
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Investors
Octopus Ventures
& 2 more
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Employee Count
8
as on Dec 31, 2023
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Products & Services of Touchlab
Touchlab offers a comprehensive portfolio of products and services, including Touch Sensor Layer.
Enables robots to perceive touch for environmental interaction and feedback
People of Touchlab
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Creative and Marketing Team
2 people
Leadership Team
2 people
Founder Team
1 people
Staff Team
1 people
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Funding Insights of Touchlab
Touchlab has successfully raised a total of $4.8M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.8 million completed in July 2022. 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.
Investors in Touchlab
Touchlab has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Octopus Ventures, Creator Fund and Techstart Ventures.
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Venture capital investment and support for founders in technology and health sectors.
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Investments in multiple sectors are managed by Creator Fund.
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Early-stage investments are provided by Techstart Ventures.
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Investor details for Touchlab
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Investments & Acquisitions by Touchlab
Investment portfolio details for Touchlab
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Financial Statements - Touchlab
Detailed financials for Touchlab
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Touchlab Comparisons
Peer comparison for Touchlab
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Competitors of Touchlab
Touchlab 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 Wootzano, tacterion, Xela Robotics, Contactile and FlexoSense, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Developer of robotic systems for packing post-harvest fresh produce items
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Force-based printed touch sensors are manufactured for robotic skins.
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Tactile sensors for robotic hands and grippers are supplied.
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Force-based touch sensors for robotic skins are manufactured.
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Customizable flexible sensors for industrial applications are provided.
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Detailed competitors of Touchlab
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Latest news on Touchlab
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Frequently Asked Questions about Touchlab
Touchlab was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Touchlab is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
Zaki Hussein is the current CEO of Touchlab. They have also founded this company.
Touchlab is a funded company, having raised a total of $4.8M across 1 funding round to date.
As of Dec 31, 2023, the latest employee count at Touchlab is 8.
Touchlab was founded in 2018 in Edinburgh, United Kingdom, within the robotics and sensor technology sector. Flexible touch sensors, enabled by force detection, are produced to wrap around surfaces. Touch, pressure, positions, and directional movements are identified by these sensors. Robotic gripping of objects, texture and slip detection, and pain sensing functionalities are supported through this technology.
Touchlab's top competitors include Wootzano, Contactile and Xela Robotics.
Touchlab offers Touch Sensor Layer.
Touchlab has 3 investors. Key investors include Octopus Ventures, Creator Fund, and Techstart Ventures.