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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.

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

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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