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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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 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.

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

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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