Manomotion
AI-powered hand and body tracking software.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor | €0.0 Valuation: €0.0 74.0x EV/Revenue | round | |
| N/A | €0.0 | round | |
€2.2m | Grant | ||
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 126 % | 95 % | (38 %) | 20 % | 99 % | 36 % | (18 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | (175 %) | (470 %) | (211 %) | (116 %) | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (356 %) | (175 %) | (472 %) | (217 %) | (117 %) | (97 %) | (129 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Manomotion is a deep-tech company from Stockholm, Sweden, that specializes in vision-based AI for human hand and body tracking and gesture control. The company was founded in 2015 by Daniel Carlman and Shahrouz Yousefi, following over six years of research at the KTH Royal Institute of Technology. Manomotion’s software-only solutions are hardware-agnostic, designed to run on any device with a standard camera and minimal computing power.
The company's core product is a Software Development Kit (SDK) that enables developers to integrate precise 2D and 3D hand tracking and gesture recognition into their applications. This technology supports a wide range of gestures, including dynamic movements like swiping and clicking, and provides detailed skeletal tracking of the hand's 21 joints. Manomotion's business model is centered on licensing its technology to developers and device manufacturers, utilizing a freemium model that allows for free personal use and prototyping, with paid licenses required for commercial products. The technology serves various markets, including industrial safety, XR (AR/VR), robotics, IoT, and automotive.
In industrial settings, the technology is used to enhance worker safety by monitoring movements in real-time to predict and prevent accidents, making it the first AI safety-certified product of its kind. For XR applications, the software allows for natural, controller-free interaction with digital content. The company has received funding from investors such as KTH Holding, European Union, and several angel investors, securing over $1.7 million in multiple rounds. In 2020, Manomotion expanded its global presence by opening an office in Palo Alto, California, to better serve its US-based customers and partners.
Keywords: hand tracking, gesture recognition, computer vision, artificial intelligence, SDK, AR, VR, XR, human-computer interaction, industrial safety, touchless control, vision-based AI, body tracking, gesture control, motion tracking, robotics, IoT, automotive technology, developer tools, mobile AR