News Article

AccuPS Raises $100K in Funding
Date: Oct 02, 2017
Source: FinSMEs ( click here to go to the source)

Featured firm in this article: AccuPS LLC of West Lafayette, IN

AccuPS LLC, a West Lafayette, Ind-based developer of an add-on 3-D motion-tracking controller that provides a way for users to interact in the mobile virtual reality space, raised $100k in funding.

The company is using the capital to advance its technology.

Led by Byunghoo Jung, CEO and founder, AccuPS has developed a mobile virtual reality 3-D motion-tracking technology, which includes a head-tracking device, hand controller and transmitting antenna that plug into the user's smartphone to enable the tracking signals.
The company, which previously received a NSF STTR grant for $225k and a $20k Elevate Purdue Foundry Fund Black Award in 2015, has already opened its second round of funding to make a commercial grade prototype.

Technology used by AccuPS has been licensed through the Purdue Research Foundation Office of Technology Commercialization.