London and Hong Kong-based TG0, a hardware technology company innovating human-machine interfaces, has closed a €5.4 million Series B funding round to develop their tactile tech.
The investment was led by NetmindAI, with additional participation from WP Health, and marks a significant step in TG0’s mission to advance intuitive, sustainable, and AI-powered hardware solutions across automotive, medtech, consumer electronics, and robotics sectors.
This investment comes shortly after a €2.3 million round of funding also led by NetmindAI in September 2024, as previously reported by EU-Startups.
Ming Kong, CEO and Co-founder of TG0, expressed the company’s enthusiasm for the funding and its implications: “This successful round of funding is a clear validation of the market’s growing appetite for AI-powered hardware solutions. With the support of forward-thinking investors like NetMind.AI, we’re positioned to take our development and innovation in AI-driven hardware to new heights. This milestone not only fuels our ambition but also strengthens our commitment to delivering smarter, more intuitive technologies that transform human-machine interactions globally.”
Founded in 2015 to reimagine how humans interact with technology, TG0 leverages its proprietary platform to create touch-sensitive, pressure-mapping surfaces that enable smarter and more user-centric product designs.
By focusing on AI-driven physical interfaces, the company’s technology provides opportunities for more natural and accessible digital experiences while reportedly focusing on sustainability and innovation.
The funding will allow TG0 to scale its global team and enhance operations across the entire product lifecycle, from initial design to mass production. This expansion aims to meet rising demand for TG0’s innovative offerings and further its position as a player in AI-driven hardware technology.
TG0’s innovative platform has already earned it partnerships with notable companies including Novares, Zwift Ride, Italdesign, and Somnium Space.
By integrating touch-sensing capabilities into physical products, TG0 encourages engineers and designers to develop solutions that prioritise user experience, product efficiency, and safety.
Kai Zou, CEO and co-founder of NetmindAI, highlighted TG0’s potential: “We’re thrilled to invest in TG0’s groundbreaking technology at such a pivotal moment in human-computer interaction. Their innovative hardware solutions represent a fundamental shift in how we think about digital interfaces, making them more natural and accessible to everyone. By combining TG0’s pioneering approach with NetMind’s advanced AI capabilities, we can accelerate the development of truly intuitive digital experiences.”
This investment has been identified by NetMind’s in-house AI experts and research team who work at the forefront of AI development. TG0 is accelerating the creation of customisable AI-embedded products that can adapt to a user’s physical needs in real time, while being easily accessed via, and powered by, NetMind’s low cost hardware and cloud-computing platform.
The funding positions TG0 to expand its reach across industries, offering tailored solutions that enhance product functionality and align with evolving technological demands.
From automotive interiors to consumer electronics and healthcare applications, TG0’s tactile control systems present an opportunity to redefine user interaction with everyday technology.
Read the orginal article: https://www.eu-startups.com/2024/12/tg0-is-hands-on-with-new-e5-4-million-funding-to-advance-tactile-tech/
