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.
- Website
- www.threadinmotion.com/
- 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
Investors
Ranked
8th among 49 active competitors
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 |
View details of Thread In Motion's funding rounds and investors
Thread In Motion's founders and board of directors
Founder? Claim ProfileThread 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | HaptX 2012, San Luis Obispo (United States), Series B | Provider of wearable devices for motion tracking | $58M | 60/100 | |
2nd | Developer of motion capture systems and related technologies | $25M | 54/100 | ||
3rd | Developer of haptic gloves for VR input | - | 50/100 | ||
4th | OMMO 2015, Dallas (United States), Series A | Developer of 3D tracking technology powered by permanent magnets | $1M | 42/100 | |
5th | Novasentis 2006, Berkeley (United States), Series D | Online platform offering electro-mechanical polymer based haptic actuators | $30.4M | 42/100 | |
6th | Cybernetyx 2009, Rinteln (Germany), Unfunded | Provider of glove based gesture tracking solution for VR applications | - | - | 40/100 |
7th | SenseGlove 2017, Delft (Netherlands), Series A | Hand glove controller for virtual reality | $3.56M | 38/100 | |
8th | Thread In Motion 2016, Istanbul (Turkey), Series A | Developer of smart gloves | - | 34/100 | |
9th | BeBop Sensors 2014, Berkeley (United States), Deadpooled | Provider of haptic gloves for virtual reality-enabled training | $16.9M | 33/100 | |
10th | 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
Here is the latest report on Thread In Motion's sector:
News related to Thread In Motion
•
Digital factory platform Supply Chain Wizard received $1.5 million investment from Sabancı Venturesegirisim•Nov 18, 2022•Sabanci Holding, Supply Chain Wizard, Thread In Motion, Lumnion and 3 others
•
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