Sensel Reels in $18.8 Million

<p style&equals;"text-align&colon; left&semi;"><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">SUNNYVALE<&sol;span><&sol;span> <&sol;strong>&&num;8212&semi; <u>Sensel<&sol;u>&comma; a company developing the next generation of touch-sensing&comma; force-sensing&comma; and haptics technologies&comma; has closed <span class&equals;"xn-money">&dollar;18&period;8 million<&sol;span> in Series B financing&period; Sensel has raised over <span class&equals;"xn-money">&dollar;57 million<&sol;span> since it was founded in 2013&period;<&sol;p>&NewLine;<div class&equals;"row">&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p>Sensel&&num;8217&semi;s Series B is led by <b><u>Global Lighting Technologies Inc &lpar;GLT&rpar;<&sol;u><&sol;b><u>&comma;<&sol;u> a strategic manufacturing partner to Sensel and leader in custom light-guide modules for computing and other applications&period; They are joined by <b><u>Lenovo<&sol;u><&sol;b>&comma; who has been a strategic customer to Sensel&comma; and is now an investor as well&period; These investments will help propel Sensel in developing programmable smart surface solutions that advance industrial design&comma; enable thinner form factors&comma; and elevate user experience for touch-enabled devices&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<div class&equals;"row">&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p>Following the completion of Sensel&&num;8217&semi;s <span class&equals;"xn-money">&dollar;28 million<&sol;span> Series A in 2020&comma; Sensel achieved two major milestones&colon;<&sol;p>&NewLine;<ol type&equals;"1">&NewLine;<li>Shipping haptic touchpads in its first two OEM laptops with the <i><u>Lenovo ThinkPad X1 Titanium Yoga<&sol;u><&sol;i> and a second major PC manufacturer&period;<&sol;li>&NewLine;<li>Rounding out its touch-sensing and force-sensing IP with an equally revolutionary haptics solution&period;<&sol;li>&NewLine;<&sol;ol>&NewLine;<p>Since then&comma; Sensel has emerged as a market leader and the only supplier with tight integration of all three technologies necessary for haptic touchpads &&num;8211&semi; touch&comma; force&comma; and haptics&period; By providing all three components in a single module&comma; Sensel can offer a complete solution&comma; which significantly reduces the cost&comma; time&comma; and burden of integrating those three disparate technologies together&period;<&sol;p>&NewLine;<p>Lenovo is the first PC company to ship a laptop using Sensel&&num;8217&semi;s technology&comma; and together&comma; Sensel and Lenovo brought one of the first premium haptic touchpads to a PC laptop&comma; with the ThinkPad X1 Titanium Yoga in 2021&period; &&num;8220&semi;Coming off the success of the touchpad experience in the ThinkPad X1 Titanium Yoga&comma; we are delighted to become investors in Sensel as part of their Series B raise&comma;&&num;8221&semi; said <b><span class&equals;"xn-person">Luis Hernandez<&sol;span>&comma; Vice President of Commercial Product Solutions Development&comma; Intelligent Devices Group&comma; Lenovo&period; <&sol;b>&&num;8220&semi;This strategic investment will help accelerate our co-development of best-in class haptic touchpads&comma; enhancing the user experience across a wide range of Lenovo&&num;8217&semi;s laptop portfolio in 2022 and beyond&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;We&&num;8217&semi;re thrilled to welcome Lenovo to our family of investors&comma;&&num;8221&semi; said <b>Sensel CEO and Co-founder <span class&equals;"xn-person">Ilya Rosenberg<&sol;span><&sol;b>&period; &&num;8220&semi;Working with Lenovo over the past few years has been an immensely rewarding experience for the Sensel team&period; We&&num;8217&semi;re proud to be an integral part of the fantastic touchpad in the ThinkPad X1 Titanium Yoga&comma; which I happen to use every day&period; We look forward to continuing to collaborate with Lenovo to bring the bleeding edge of our smart surface technologies &lpar;which combine touch&comma; force&comma; and haptics&rpar; to future generations of Lenovo&&num;8217&semi;s wonderful line of laptops&period;&&num;8221&semi;<&sol;p>&NewLine;<p>The partnership between Sensel and GLT is also highly significant&comma; as it will help Sensel innovate and scale their haptic touchpad solutions to a wider breadth of PC models&period; &&num;8220&semi;Haptic touchpad backlighting is a natural extension of the technology in our world-leading light guide solutions for keyboards&comma; and we look forward to integrating our technology with Sensel to create beautiful industrial designs for our PC customers&comma;&&num;8221&semi; <b>said Chairman Lee from the GLT Group<&sol;b>&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;2774" aria-describedby&equals;"caption-attachment-2774" style&equals;"width&colon; 660px" class&equals;"wp-caption alignnone"><img class&equals;"size-full wp-image-2774" src&equals;"http&colon;&sol;&sol;jpq&period;a9a&period;mytemp&period;website&sol;wp-content&sol;uploads&sol;2022&sol;06&sol;senseltouch-scaled-e1655097519906&period;jpg" alt&equals;"" width&equals;"660" height&equals;"450" &sol;><figcaption id&equals;"caption-attachment-2774" class&equals;"wp-caption-text">Sensel’s next-gen haptic touchpad combines high precision touch sensing&comma; multi-finger force sensing&comma; and best-in-class haptics into a single 3mm thick module that is ready for customer applications&period;<&sol;figcaption><&sol;figure>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;

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