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Doublepoint

Extended Reality
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Doublepoint, a Finland-based company, is the creator of a machine learning algorithm that can accurately recognize microgestures and surface interactions for VR use by utilizing sensors in Android smartwatches. Specifically, the company offers the DoublePoint Kit, which consists of the DoublePoint Engine (licenseable algorithms for gesture detection, model reports, ray-casting and evaluation tools), and developer tools (Unity, Python, Java SDKs and ready-to-use XR and IoT demos).

The algorithm can detect finger pinching movements without the need for users to memorize numerous gestures, working regardless of the orientation of the user's hand. The technology, which does not rely on computer vision, can detect such microgestures more cheaply than cameras and uses bio-acoustic sensors to detect wrist topography and changes as users move. Once integrated, the algorithm will operate continuously in the watch operating system and transmit necessary gesture events to the relevant headsets via Bluetooth.  Additionally, the company has filed patent applications for its software platform, compatible with various Google Android-based hardware devices, including VR headsets.  

The company plans to generate revenue by selling the kits, with shipping taking place from 1H 2024 onwards.

Funding and financials

In May 2023, Doublepoint emerged from stealth, raising USD 3.3 million to integrate its gesture recognition technology into consumer electronics gear, including VR hardware. 

Extended Reality

Extended Reality

Key stats
Featured companies
239
Total funding (USD)
13.6 Bn
Total addressable market (USD)
100.4 Bn
Key competitors
 
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EDGE Insights

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Recent Updates

Funding
May 10, 2023
VR gesture recognition company Doublepoint emerges from stealth; raises USD 3.3 million in funding
Extended Reality

Company Brief


HQ location:
Pursimiehenkatu 26 C Helsinki FIN
Founded year:
2020
Employees:
11-50
Total Funding:
USD 3.3 million
Last Funding
USD 3.3 million, May 2023

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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