All items tagged with investment (29)

Audioscenic Grows as it Widens Ambitions in Spatial Audio Technology for Consumer Applications

July 6, 2023 by audioXpress Staff

Audioscenic Grows as it Widens Ambitions in Spatial Audio Technology for Consumer Applications

Following the presentation of its latest Amphi 3D Audio Beamforming Solution at the Computex 2023 show in Taipei, Taiwan, Audioscenic announced a substantial team expansion including 15 new staff members across their Software Engineering, DSP, Computer Vision, and Audio R&D teams, along with a new CFO. The expansion reflects the company's commitment to advancing spatial audio technology and strengthening its market position.

AtlasIED Announces Strategic Investment in Fyne Audio

May 19, 2023 by Joao Martins

AtlasIED Announces Strategic Investment in Fyne Audio

AtlasIED, the commercial audio specialist that is now expanding its strategy to new market segments, announced a strategic investment in the famous Scottish loudspeaker manufacturer, Fyne Audio - a manufacturing built from the ashes and engineering tradition of Tannoy. The partnership is intended to combine AtlasIED’s expertise in integrated solutions with Fyne Audio’s transducer technologies to open broader market opportunities for both companies.

SPARK Microsystems Receives CDN $48 Million Investment To Drive UWB Wireless Development

March 13, 2023 by Joao Martins

SPARK Microsystems Receives CDN $48 Million Investment To Drive UWB Wireless Development

SPARK Microsystems announced the closing of CDN $34 million Series B financing, with an additional CDN $14 million available subject to meeting operational milestones. Led by Idealist Capital, a prominent investment firm focused on the energy transition and decarbonization, the round includes existing investors Cycle Capital, Economic Development Canada (EDC), Real Ventures, and ND Capital. The new funding will drive mass market commercialization for ultra-energy efficient, UWB-based wireless electronic devices and sensors.

Audioscenic Closes Series A Investment Round Following Very Successful CES 2023

February 16, 2023 by Joao Martins

Audioscenic Closes Series A Investment Round Following Very Successful CES 2023

Audioscenic, the innovative 3D audio beamforming technology company from Southampton, UK, has seen consistent recognition for its unique recent developments and first commercial implementation. audioXpress was just one of many industry publications awarding Audioscenic the Best in Show innovation distinction during CES 2023. Following the successful show, Audioscenic has completed its Series A investment round led by Foresight Ventures and including Hostplus, IP Group, and FWT.

Denmark Creates Accelerator Program for Startups Involved in Sound and Audio Technologies

February 3, 2023 by audioXpress Staff

Denmark Creates Accelerator Program for Startups Involved in Sound and Audio Technologies

Denmark should be the world’s best place to develop and operate businesses using sound and audio technologies. After all, that's the country where some of the most cutting-edge audio companies originated, including most of the speaker and audio test and measurement names. Now, a new partnership between Sound Hub Denmark and Danish Creative Industries (DCI) established an ambitious and innovative accelerator program for international startups named: SoundTech Accelerator.

Biamp Owner, Highlander Partners Announces the Acquisition of McIntosh Group

June 16, 2022 by Joao Martins

Biamp Owner, Highlander Partners Announces the Acquisition of McIntosh Group

Highlander Partners, L.P., a private investment firm from Dallas, Texas, announced the acquisition of McIntosh Group, through a newly-formed holding company. The investment firm has a plan for the audio market and it might have to do with residential integration, since it also acquired Biamp Systems in 2017, a company in the commercial audio segment that has since pursued an ambitious expansion plan with multiple acquisitions. Highlander states that the McIntosh Group will serve as an anchor for a new Highlander luxury technology platform.

DSP Concepts Closes New Funding Round and Appoints Yuchun Lee as Executive Chairman

January 27, 2022 by Joao Martins

DSP Concepts Closes New Funding Round and Appoints Yuchun Lee as Executive Chairman

DSP Concepts, the company founded by Paul and Chin Beckmann, and the creators of the Audio Weaver DSP platform that powers sound and voice features in many of the world's leading consumer and automotive brands, announced that it has successfully closed $28 million in Series C funding. Joining as leading investor, entrepreneur Yuchun Lee has been appointed as Executive Chairman and is intent on leading the company's growth as the enabler of the "Audio of Things."

USound Raises $30M to Ramp Manufacturing of Second-Generation MEMS Technology

December 17, 2021 by audioXpress Staff

USound Raises $30M to Ramp Manufacturing of Second-Generation MEMS Technology

USound, the Austria-based developer and manufacturer of micro-electromechanical systems (MEMS) speakers for personal devices and wearable technology, announced that it has raised $30 million USD (€25 million EUR) to move into mass production of its second generation MEMS devices, with commitments from several global companies. The investment will ensure that USound will be in a position to build a stable supply chain to meet growing demand for its second-generation MEMS technology.

Mimi Hearing Technologies Reinforces Funding and Closes Deals With Skullcandy and Cleer Audio

December 14, 2021 by audioXpress Staff

Mimi Hearing Technologies Reinforces Funding and Closes Deals With Skullcandy and Cleer Audio

Berlin-based Mimi Hearing Technologies has successfully closed a new funding round led by progressive German deep-tech investors MIG Capital and a larger Munich based family office, joined by existing shareholders as Mimi continues to bridge the gap between hearing wellbeing and audio consumption. The new funds will support expansion of Mimi's technology platform as well as marketing and sales operations in the US and Asia, as the company closes new deals with more audio manufacturers.

Dutch Speaker Company Mayht Receives Investment from Swedish Solar Cell Company Exeger

December 2, 2021 by Joao Martins

Dutch Speaker Company Mayht Receives Investment from Swedish Solar Cell Company Exeger

Swedish company Exeger - the company behind the Powerfoyle solar cell material already powering self-charging consumer electronic devices - venture capital firm Forward.One, and music producer and DJ Martin Garrix, have led the latest funding round of investment in the innovative Dutch audio-tech start-up, Mayht. The Series A follow-on round takes investment in the firm to nearly USD $10 million so far.

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