Williams Advanced Engineering operates a technology and engineering services business applying Formula One derived expertise to diverse industrial sectors.
Matthew brings venture capital and technology commercialisation experience, having held board and leadership roles at Fortescue Ventures, Williams Advanced Engineering, and several technology companies.
The funding round was led by Foresight Group and Williams Advanced Engineering alongside existing backer IP Group.
"Audioscenic is changing the way we experience audio and we are delighted that Foresight Williams is now supporting us on this mission and that IP Group is continuing its excellent support. We have developed world leading 3D audio technology that we have already started applying to consumer applications; this funding will help us build the team further and drive the adoption of our technology faster. We are excited to leverage FWTs expertise and assistance to help us deliver our vision of personal audio reproduction systems into the Automotive and Simulator markets."
The investment round was led by Foresight Group and Williams Advanced Engineering to support international growth and manufacturing scale-up.
"Synaptec offers a truly disruptive technology that addresses a global problem. The experienced management team has already achieved a considerable amount of success over the past three years of development and we are delighted to have the opportunity to support the business as it scales."