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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.

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

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
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.
 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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