Devialet Raises $106 Million From New Investors to Accelerate Growth

Acclaimed French audio manufacturer Devialet, announced a fundraise of $106 million in capital through a co-investment led by Ginko Ventures with participation from international industrial and institutional investors including Foxconn, Groupe Renault, Sharp Corporation, Playground Global, Naver, Roc Nation, Future French Champions, CM-CIC Investissement and Bpifrance. Devialet has raised $160 million to-date.