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Par Equity leads £6.9m investment into StretchSense as the New Zealand firms opens its European ‘centre of excellence’

Investors in this round: Par Equity, GD1, Scottish Enterprise

Par equity is delighted to have led the £6.9m Series A investment into StretchSense alongside GD1 (Global From Day One) and Scottish Enterprise.

Combining proprietary sensor technology and machine learning, StretchSense has developed the most comfortable, reliable, and accurate motion capture glove on the market. The team already work with over 200 games studios and have ambitious plans to play a critical role in how we engage with virtual reality.

The funding will support the growth of a centre of excellence in Edinburgh, which is focused on AI and spatial computing to evolve and improve the product.

Read more here: https://www.scotsman.com/business/edinburgh-tech-jobs-boost-as-new-zealand-firm-opens-capital-centre-of-excellence-3903651

£6.9m

Par Equity leads £6.9m investment into StretchSense as the New Zealand firms opens its European ‘centre of excellence’

Par Equity leads £6.9m investment into StretchSense as the New Zealand firms opens its European ‘centre of excellence’

By Claire Par Equity Profile 07 Nov 2022