BeBop sensors have become one of the leading companies in the field of intelligent flexible wearable sensors, such as Forte Data Glove, which provides a more intuitive and immersive way to control the virtual reality experience. The company has now announced that it has successfully completed Series A financing.
Now, BeBop sensors have received $10 million in financing, a round of financing led by Bullpen Capital. The new fund will be used to accelerate product development and increase market reach.
Forte Glove was presented at the CES show in 2018, a prototype of which showed a flexible bending sensor in the data glove and a tactile sensor that provided sensory feedback.
Eric Wiesen, managing partner of Bullpen Capital, said: "We believe that BeBop has the same basic technology for artificial intelligence and humans, just as important as cameras and microphones. Computers need to feel people, and fabrics have been deployed in clothing. In furniture and interior decoration, people are satisfied with this. This is the ideal place for physical sensors."
Raghu Das, CEO of independent market research firm IDTechEx, said: "We see that the market for wearable devices, including VR, automotive and gaming applications, will grow rapidly and will reach $500 million by 2027. This market is also From rigid sensors such as FSR to fabric-like, flexible, and retractable sensors, BeBop sensors have the unique advantage of taking advantage of this shift and the rapid growth of the market."
Keith McMillen, founder and CEO of Sensor Magazine's BeBop sensor, said: "The flexible fabric sensor has become one of the most popular sensors on the market, affecting consumers every day, including cars, augmented reality (AR), virtual reality. (VR), wearables, health, sports and remote sensing, etc. I am very pleased that Bullpen Capital has proven technical support BeBop.
McMillen concludes: “When you make a major technological innovation for the first time, you need partners who can share this vision to succeed.â€
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