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.
Mayht is the company that developed and is currently licensing its highly compact, powerful speaker driver topology, Heartmotion, which promises to increased speaker bass performance in shallow and more compact form factors. The Mayth dual-driver design uses multiple motors, symmetrically distributed across the membrane, allowing for a shallow design.
The Mayht driver is a single driver with two membranes moving in opposing directions to increase air displacement capability and prevent mechanical resonance of the enclosure. The Dutch company is currently pitching its technology for portable speakers, soundbars, and portable PA and musical instrument systems, allowing twice the perceived volume with increase bass response from half the size/volume of current speaker designs.
Speakers that use the Heartmotion technology platform can also offer important reductions in energy consumption, as they will require less power than comparable same size audio devices currently on the market.
Founded in 2016, by brothers Mattias and Timothy Scheek, Mayht is currently targeting the consumer electronics and automotive speaker market through technology licensing. The Mayht management team is already engaged in conversations with global tech companies to showcase its technology.
"While consumer electronics have grown more powerful and compact in recent years, the core speaker technology within has hardly evolved. I truly believe our Heartmotion speaker technology is the revolution the industry has been dreaming of, but never thought possible. They will finally be able to create the sound experiences people want from everyday consumer electronics and automotive audio systems," says Mayht Chief Executive, Mattias Scheek.
"Until now, only those with big enough homes and the money to afford it could enjoy high-quality, immersive in-home sound experiences," he adds. "Our vision is to make Heartmotion the new industry standard for speaker driver technology, making the best sound quality accessible to the masses."
"This new injection of funding will help us turn the market on its head, allowing us to commercialize and license out our Heartmotion technology on a global stage. We’re looking forward to bringing until now unimaginable, high quality, full-range sound experiences including full bass spectrum to the most compact speaker devices."
Portable True Wireless Speakers
With this new investment round, Mayht receives the support of a key strategic partner, which is currently causing excitement in the audio industry with its patented solar cell material Powerfoyle, already implemented in the successful Urbanista Los Angeles - the world’s first self-powered wireless headphones.
Powerfoyle, converts all forms of indoor and outdoor light into clean, endless energy. It can be seamlessly integrated into all consumer products that benefit from being self-powered and its superior design properties make it uniquely well suited for the consumer electronics space. Self-powered speakers are a natural next step for Exeger, and Mayht’s technology (and its efficient use of energy) coupled with Powerfoyle could help create the first self-powered speakers with infinite playtime.
"Exeger launched Powerfoyle earlier this year in self-powered headphones by Urbanista with infinite listening. The market response was extraordinary, and many are predicting that Powerfoyle, just like Bluetooth, will become a new standard for wireless headphones," says Giovanni Fili, Exeger founder and chief executive. "Now, together with Mayht, we are going to set another standard, this time in the speaker market with an endless listening experience from amazing sounding speakers. Mayht and Exeger are two of the most innovative tech companies in Europe and I’m incredible excited about the strong alliance that we’re forging."
Mayht and Exeger will be showcasing their technologies at the Consumer Electronics Show (CES) in Las Vegas, January 2022. The prototype of the new speakers showcasing Exeger’s Powerfoyle and Mayht’s Heartmotion technologies will be unveiled at the event.
The Swedish industrial company recently announced that their new industrial-scale factory, located close to Stockholm, Sweden, received the final environmental permits and will soon produce up to 2.5 million m2 of solar cells. With this new manufacturing facility, located a mere 15 minutes from Exeger’s current manufacturing site, the industrial company becomes Europe’s largest solar cell factory in terms of square meter production. Exeger is predicting exponential growth in result of market demand for Powerfoyle.
www.exeger.com | www.powerfoyle.com
www.mayht.com
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Dutch Speaker Company Mayht Receives Investment from Swedish Solar Cell Company Exeger
December 2 2021, 05:10
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.
About Joao Martins
Since 2013, Joao Martins leads audioXpress as editor-in-chief of the US-based magazine and website, the leading audio electronics, audio product development and design publication, working also as international editor for Voice Coil, the leading periodical for... Read more