StretchSense has expanded its European headquarters in Edinburgh, launching a Centre of Excellence in artificial intelligence and spatial computing.
The New Zealand-based business, which specialises in motion capture technology for the gaming and animation sectors, also announced a £6.9m investment led by Par Equity and also featuring Scottish Enterprise and Kiwi venture capital firm GD1.
The funding is aimed at accelerating StretchSense's global expansion, with plans to grow its engineering team to meet customer interest in the compatibility of its technology with virtual reality tools in the market.
