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VirtualGrasp SIGNED

Speeding up the virtual reality revolution with realistic & real-time animation of hand-to-object interaction

Total Cost €

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EC-Contrib. €

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Partnership

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 Outcomes and results

 VirtualGrasp project word cloud

Explore the words cloud of the VirtualGrasp project. It provides you a very rough idea of what is the project "VirtualGrasp" about.

2018    trial    veckans    lucrative    auml    successful    song    founded    bner    virtual    segments    attainable    immersion    develops    eit    grow    solution    building    innovation    uuml    jakob    objects    clusters    appropriate    object    environments    adaptive    rer    ict    time    2025    videogames    algorithms    intel    gleechi    entrepreneur    revenues    standard    aff    animation    super    biomedical    interaction    johansson    training    realistic    abb    computer    robots    contribution    analyze    listed    160m    2016    global    model    2m    8bn    requesting    engineering    software    hottest    hoc    ad    rehabilitation    learning    institutet    royal    market    prepare    phd    manufacturing    grip    awarded    serial    creates    2026    decipher    innovations    3d    htc    dan    almi    labs    predictive    machine    healthcare    manipulators    customers    robotics    karolinska    space    24    forecasted    stroke    2014    kai    life    tech    startups    introduction    2015    first    science    140    vinnova    startup    productize    swedish    position    sting    cea    employees    virtualgrasp    physical    sweden    snap    32    kth   

Project "VirtualGrasp" data sheet

The following table provides information about the project.

Coordinator		 GLEECHI AB 

Organization address
address: SVEAVAGEN 66
city: STOCKHOLM
postcode: 111 34
website: n.a.

contact info
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name: n.a.
surname: n.a.
function: n.a.
email: n.a.
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 Coordinator Country Sweden [SE]
 Project website http://www.gleechi.com
 Total cost 2˙918˙625 €
 EC max contribution 2˙043˙037 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-2
 Funding Scheme SME-2
 Starting year 2018
 Duration (year-month-day) from 2018-11-01   to  2020-10-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    GLEECHI AB SE (STOCKHOLM) coordinator 2˙043˙037.00

Map

 Project objective

Gleechi was founded in 2014 by Dan Song (a PhD in biomedical engineering), Kai Hübner (a PhD in computer science & robotics) & Jakob Johansson (a successful serial entrepreneur), building up on 8 years of advanced research at Swedish Royal Institute of Technology (KTH) in enabling robots to use their manipulators more efficiently. Gleechi develops VirtualGrasp – the first and only standard software solution that creates realistic real-time hand animation & hand-to-object interaction in virtual environments. With predictive & adaptive machine learning algorithms that analyze the physical properties of a virtual object, decipher the most appropriate and realistic grip formation for the hand model and snap to that position, VirtualGrasp will enable immersion and presence in virtual reality not attainable by current ad-hoc methods, such as pre-animation. The global market for virtual reality software is forecasted to reach €32.8bn by 2025 (with videogames, healthcare and manufacturing being the largest segments). Providing a crucial enabling technology for interaction with objects in virtual space, Gleechi aims to address three lucrative market segments: 3D videogames, training in manufacturing and stroke rehabilitation, and grow to €160m in revenues and 140 employees by 2026. Gleechi has been awarded Super Startup of 2015 by Veckans Affärer and is supported by several Swedish Innovation clusters, including STING, VINNOVA, KTH Innovation, EIT ICT Labs, and ALMI. Gleechi was listed as one of the hottest tech startups in Sweden 2018. In 2016 VirtualGrasp was listed as one of the 5 Swedish innovations that “could change your life”. Gleechi’s customers and partners include HTC, CEA, ABB, Intel, Karolinska Institutet and others. In this 24-month Phase 2 project Gleechi is requesting a €2m contribution to advance its technology, productize it, trial in 3 segments and prepare for the market introduction.

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The information about "VIRTUALGRASP" are provided by the European Opendata Portal: CORDIS opendata.

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