Audioscenic secures Series A funding led by Foresight Ventures to expand spatial audio technology.
The Southampton developer has completed a Series A round led by Foresight Ventures following its recent product launch at CES.
Audioscenic develops user adaptive three dimensional audio beamforming technology for consumer electronics and entertainment applications. The firm operates from Southampton and targets markets ranging from automotive systems to personal computing.
Audioscenic has completed a Series A funding round led by Foresight Ventures, with participation from Hostplus, IP Group, and FWT. The injection of capital follows the market debut of the company technology within the Razer Leviathan V2 Pro soundbar at the CES exhibition.
The business intends to use the new resources to expand the commercial application of its spatial audio software across multiple consumer hardware categories simultaneously. Leadership notes that the enterprise value has expanded significantly since inception as the firm transitions from research into commercial products.
From the founder
"We would like to welcome our new investors to Audioscenic and would also like to say a huge thank you to our existing investors for their past and continued support"
David Monteith
CEO at Audioscenic
Investor perspective
"The team at Audioscenic has made tremendous progress in the last twelve months, culminating in the successful launch of the Razer product at CES 2023"
Richard Lewis
Managing Director, Foresight Ventures
Investors
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About the company
Audioscenic
Audioscenic develops spatial audio beamforming technology for consumer electronics.