All items tagged with venture capital (12)

OmniBuds Hearables Project by Nokia Bell Labs Backed by Cambridge Future Tech

November 6, 2024 by Joao Martins

OmniBuds Hearables Project by Nokia Bell Labs Backed by Cambridge Future Tech

OmniBuds are the world's first hearables designed to continuously monitor all 5 vital signs, complemented by state-of-the-art augmented hearing capabilities. Conceived by Nokia Bell Labs in Cambridge, UK, the OmniBuds project is now receiving further support from venture builder Cambridge Future Tech. The company entered into a relationship with Nokia Bell Labs and Nokia Ventures & Partnerships to establish OmniBuds Ltd for the commercialization of the OmniBuds platform, as a fully featured ear-worn AI/ML computing platform.

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.

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.

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.

July 20, 2021 by audioXpress Staff

Resonado Labs Closes $3M Series-Seed Round and Gains New High-Profile Investors

Resonado Labs announced the closing of its Series-Seed venture capital round at $3M, bringing the total raised to date to $5.2M including Pre-Seed funding. The capital will accelerate the commercialization of Resonado Labs’ proprietary, novel Flat Core Speaker (FCS) technology, help the company develop a wider array of drivers, and invest in new talent and test and measurement equipment. Resonado is intent on rapidly expand into the automotive, marine, and home audio industries.

Phononic Vibes Startup Reinvents the Silence with Patented Metamaterials

October 13, 2020 by audioXpress Staff

Phononic Vibes Startup Reinvents the Silence with Patented Metamaterials

Italian startup Phononic Vibes, focused on developing innovative metamaterial solutions for noise and vibration reduction, and the company's efforts have been recently rewarded with the closing of a 2.3 Million Euros capital investment round. The startup had first raised capital in January 2019 with a first seed round led by Poli360 – a dedicated technology fund managed by 360 Capital – and with the participation of Pantecnica Spa, an Italian company focused on products and systems for vibration insulation and mitigation.

Mayht New Speaker Driver Technology Attracts Multi-Million Investment

April 15, 2020 by Joao Martins

Mayht New Speaker Driver Technology Attracts Multi-Million Investment

Mayht, a technology company from the Netherlands which has developed a highly compact, powerful speaker driver technology, has raised a multi-million Euro follow-on investment from FORWARD.one Venture Capital. Mayht is determined to bring to market a new and smaller form factor, targeting high volume consumer applications such as Bluetooth speakers and soundbars. In previous investment rounds, Mayht also received funding from UNIIQ and Delft Enterprises.

Dirac Closes $6-Million Financing Round To Boost New Consumer Digital Audio Processing Solution for Headphones and Smartphones

April 14, 2020 by audioXpress Staff

Dirac Closes $6-Million Financing Round To Boost New Consumer Digital Audio Processing Solution for Headphones and Smartphones

Swedish sound pioneer Dirac strengthened its position as a leading one-stop source for digital audio signal processing solutions with the announcement that it has completed a new $6-million (60 MSEK) round of financing. Jonathan Forster, former Spotify executive and current angel investor, joins Dirac’s Board of Directors to help catalyze the company’s expansion into the streaming market and the launch of the company's first consumer-facing product.

GRAS Sound & Vibration Joins Audio Precision in Battery Ventures’ Acoustic Test and Measurement Group

February 20, 2020 by audioXpress Staff

GRAS Sound & Vibration Joins Audio Precision in Battery Ventures’ Acoustic Test and Measurement Group

Denmark-Based GRAS Sound & Vibration (“GRAS”), the prestigious manufacturer of acoustic-measurement microphones, has reached an agreement with Battery Ventures, a global, technology-focused investment firm, to join its group of companies in the acoustic test and measurement market. GRAS will operate alongside U.S.-based Audio Precision, acquired by Battery Ventures in 2018. Terms of the transaction were not disclosed.

October 1, 2019 by audioXpress Staff

XMOS Secures $19M Funding to Accelerate Global Growth and Support Development in Voice Interfaces

XMOS, a Bristol-based technology company, specialising in voice-processing, edge-AI and connected devices, announced the completion of a new $19 million financing round — fueling the company’s global growth, consolidating its technical leadership in far-field voice interfaces and developing a new product roadmap for the artificial intelligence of things (AIoT). The funds will also enable an expanded global footprint — including new staff in its Hong Kong office.

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