Groundwaves Ltd secures £79.1k for haptic footwear development

Haptic technology developer Groundwaves Ltd has secured an estimated £79.1k to further its work in sensory-feedback footwear. This latest funding round values the London-based company at an estimated £1.5m.

Founded in 2019, Groundwaves Ltd manufactures consumer electronics designed to integrate sound with physical sensation. Its primary product line includes haptic sneakers that allow users to feel music vibrations through their feet, alongside a haptic seat designed for similar sensory feedback. The company targets consumers interested in advanced electronic products and live music experiences.

The business operates as a hardware specialist in the tactile-audio sector. Its proprietary end-to-end system is designed for integration into smart wearable technology. Groundwaves Ltd positions haptic footwear as a practical application for portable audio, aiming to replicate the energy of live music through vibration.

Financial records for the year ended 31 December 2024 show the company employed one person during that period. More recent data from LinkedIn indicates a team size of two employees. The company is headquartered in London and continues to develop its smart wearable technology.

The funding was documented in filings made in May, following an allotment of shares in March. This capital injection supports the ongoing development of the company's haptic hardware and its expansion within the retail apparel and fashion industry.