All items tagged with investment (25)

PMC Invests In Evovinyl To Help Bring A Sustainable Future To The Production Of Vinyl Records

March 6, 2024 by Joao Martins

PMC Invests In Evovinyl To Help Bring A Sustainable Future To The Production Of Vinyl Records

PMC has invested in Evolution Music, the UK based company spearheading the development of Evovinyl, a plant-based bioplastic alternative to the environmentally damaging PVC that is currently used to press vinyl records. Involved as a loudspeaker manufacturer for studio monitoring and home listening, PMC believes the company's investment will assist in the quest to move the music industry toward a more sustainable future.

Sennheiser Invests in Norwegian Optical MEMS Microphone Pioneer sensiBel

February 21, 2024 by Joao Martins

Sennheiser Invests in Norwegian Optical MEMS Microphone Pioneer sensiBel

sensiBel announced a new successful 7 million Euros funding round with Sennheiser leading the investment together with existing main shareholders TRUMPF Venture, Skagerak Capital, Investinor, SINTEF Venture, MP Pensjon and Halden Kommunale Pensjonskasse. The funds will be used to expand production and invest in scalability of sensiBel’s patented optical MEMS microphones that offer 80dBA SNR and 132dB of dynamic range, a new level of performance for packaged miniature microphones.

AtlasIED Introduces New Aimline Series Digitally Steerable Loudspeakers

February 2, 2024 by Joao Martins

AtlasIED Introduces New Aimline Series Digitally Steerable Loudspeakers

AtlasIED continues to execute on its ambitions to expand its presence in the commercial audio industry. At the ISE 2024 show in Barcelona the company announced that it acquired a significant equity stake in German high-performance loudspeaker manufacturer, Aimline. The investment brings the Aimline line of column loudspeakers into the AtlasIED product portfolio, allowing it to compete in the beam steering space.

Sound Hub Denmark and SoundInvest Venture Fund Support Innovative Audio Startups

October 6, 2023 by Joao Martins

Sound Hub Denmark and SoundInvest Venture Fund Support Innovative Audio Startups

Sound Hub Denmark, the co-working and growth hub designed to foster innovation within the field of audio, sound and acoustics, has announced a new initiative to reinforce its role as an accelerator and incubator environment. Strengthened by the founding of SoundInvest, a new venture fund for early pre-seed investments, Sound Hub Denmark is now aiming to increase support for talented startups from all over the world. The fund’s search for additional co-investors has already begun.

October 4, 2023 by Joao Martins

ICEpower Signs an Investment Agreement with Crestline

Danish audio amplifier company ICEpower has signed a definitive agreement with Crestline Investors, for an investment in a majority stake in the company. Crestline, headquartered in the US, is an institutional alternative investment management firm with over $16 billion in assets under management. ICEpower's management aims to accelerate the company's global growth strategy as a "preferred partner for outsourced product creation to the leaders of the audio industry."

R&D Stories: Audioscenic From Vision to Product

August 2, 2023 by Marcos Simón

R&D Stories: Audioscenic From Vision to Product

This article details the journey of British company Audioscenic, an innovative 3D audio beamforming technology company spun off from the University of Southampton. Marcos Simón shares how through a remarkable example of perseverance, Audioscenic realized its forward-thinking approach, from crosstalk cancellation systems to full 3D audio reproduction with speakers. In 2023, Audioscenic achieved its first commercial implementation to implement its unique 3D audio beamforming technology. This article was originally published in audioXpress, June 2023.

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.

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