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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.

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

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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