• Lofelt

  Led · Series A · Nov 2017

  Lofelt builds a combined hardware and software platform to add high-definition haptic feedback to products across gaming, AR/VR, automotive, consumer electronics, toys, medical and entertainment. The company positions itself as delivering a complete hardware, software and user-experience solution ready for mass production, citing silent actuators, an audio-driven wide frequency approach and tightly integrated software for power, control and efficiency. Lofelt commercialized consumer-facing tech with the Basslet wearable subwoofer and says its gaming and VR solution can deliver rich haptics without additional developer support. The startup is in talks with leaders across gaming, VR/AR, mobile, music and automotive industries and is developing an academic program with participation from four unnamed major universities. Lofelt raised $5.4 million in a Series A to accelerate development and expand its Berlin-based engineering team. The company will use the financing to speed up development of new user experiences and technologies. Lofelt builds the Basslet, a wrist-worn wearable subwoofer that vibrates in sync with low-frequency audio to add a visceral layer to music and gaming. The device runs up to six hours, is silent to the outside world, and uses Lofelt's patent-pending "LoSound engine" with a stated frequency response of 10–250Hz. Early prototypes impressed reviewers for intense, body-focused bass in an extremely small form factor. The company says the hardware is being explored by partners in gaming and automotive industries for additional uses. Lofelt positions the Basslet for music enthusiasts, gamers, and live performers who need portable haptic bass. The team is led by cofounders Daniel Büttner and Gwydion ap Dafydd and comprises about 13 people.

• Spotted

  Participated · Series A · Aug 2015

  Spotted is a social discovery app that applies a hyperlocal approach to bring together people who cross paths every day using anonymous and flirt messages to initiate contact. The iOS and Android app is free to download and the service is reaching over a million people globally. Founded in 2013 by Nik Myftari and based in Mannheim, Germany, the company offers a mobile-first product focused on real-life encounters. Spotted intends to use the new funds for further development of the app and for international expansion. Financially, the company completed a second growth capital and media services financing round totaling USD 14.5m. The round and the stated plans signal a push to scale both product and geographic reach.

No current team members are available.