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Thread In Motion - About the company

Thread In Motion is a series A company based in Istanbul (Turkey), founded in 2016. It operates as a Developer of smart gloves. Thread In Motion has raised an undisclosed amount in funding from Teknoloji Yatirim and Esor Investments, with a current valuation of $*****. The company has 49 active competitors, including 14 funded and 2 that have exited. Its top competitors include companies like HaptX, Noitom and Diver-X.

Company Details

Developer of smart gloves. It designs and manufactures connected gloves for industrial applications. It also offers a weaving technology to create a smart textile. It works with OEMs and brands for developing new products using their technology.
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Email ID
*****@threadinmotion.com
Key Metrics
Founded Year
2016
Location
Istanbul, Turkey
Stage
Series A
Latest Funding Round
Post Money Valuation
$***** as on Oct 04, 2022
Ranked
Employee Count
14 as on Aug 31, 2026
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Thread In Motion's funding and investors

Thread In Motion has raised funding over 2 rounds. Its first funding round was on Jan 28, 2017. Its latest funding round was a Series A round on Oct 04, 2022 for $*****. 2 investors participated in its latest round. Thread In Motion has 7 institutional investors.

Here is the list of recent funding rounds of Thread In Motion:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 04, 2022
9054481
Series A
7874677
2736016
1414584
1172099
Jan 28, 2017
5183152
Seed
8328828
4452849
1918425
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Thread In Motion's founders and board of directors

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Thread In Motion's employee count trend

Thread In Motion has 14 employees as of Aug 26. Here is Thread In Motion's employee count trend over the years:
Employee count trend for Thread In Motion
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Thread In Motion's Competitors and alternates

Top competitors of Thread In Motion include HaptX, Noitom and Diver-X. Here is the list of Top 10 competitors of Thread In Motion, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for HaptX
HaptX
2012, San Luis Obispo (United States), Series B
Provider of wearable devices for motion tracking
$58M
60/100
2nd
Logo for Noitom
Noitom
2012, Beijing (China), Series C
Developer of motion capture systems and related technologies
$25M
54/100
3rd
Logo for Diver-X
Diver-X
2021, Tokyo (Japan), Seed
Developer of haptic gloves for VR input
-
50/100
4th
Logo for OMMO
OMMO
2015, Dallas (United States), Series A
Developer of 3D tracking technology powered by permanent magnets
$1M
42/100
5th
Logo for Novasentis
Novasentis
2006, Berkeley (United States), Series D
Online platform offering electro-mechanical polymer based haptic actuators
$30.4M
42/100
6th
Logo for Cybernetyx
Cybernetyx
2009, Rinteln (Germany), Unfunded
Provider of glove based gesture tracking solution for VR applications
-
-
40/100
7th
Logo for SenseGlove
SenseGlove
2017, Delft (Netherlands), Series A
Hand glove controller for virtual reality
$3.56M
38/100
8th
Logo for Thread In Motion
Thread In Motion
2016, Istanbul (Turkey), Series A
Developer of smart gloves
-
34/100
9th
Logo for BeBop Sensors
BeBop Sensors
2014, Berkeley (United States), Deadpooled
Provider of haptic gloves for virtual reality-enabled training
$16.9M
33/100
10th
Logo for MocapNow
MocapNow
2019, Seattle (United States), Acquired
Developer of a motion capture glove for the entertainment industry
-
-
31/100
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Thread In Motion's Investments and acquisitions

Thread In Motion has made no investments or acquisitions yet.

Reports related to Thread In Motion

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