Treble funding news – Treble Secures €11Million in Series A Round Funding
Sep 3, 2024 | By Team SR
Treble, a business that develops technologies for sound simulation and synthetic audio data production, has raised €11 million in a series A fundraising round. In addition to the European Investment Bank, Omega Venture Partners, St. Gobain & L-Acoustics, the European Investment Bank, and seasoned angel investors, the round was led by KOMPAS VC, an early-stage venture capital firm that specializes in the built environment. The funds will be utilized to grow the Treble team, improve R&D, establish new business relationships, and penetrate new markets.
SUMMARY
- Treble, a business that develops technologies for sound simulation and synthetic audio data production, has raised €11 million in a series A fundraising round.
- Dr. Finnur Pind, an audio engineer, and Jesper Pedersen launched Treble in 2020.
Because there are currently few reliable and user-friendly simulation tools that can be included into the design process, creating sound for structures, vehicles, and technological devices has historically been a costly endeavor. It might take a lot of time and money to make improvements when structures or goods don't adhere to the required acoustic regulations.
According to the World Health Organization, the second most detrimental environmental stressor to human health is noise. An important bottleneck that has emerged with the rapid expansion of AI-based audio models in voice technology, generative AI, and augmented reality is the scarcity of audio training data.
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Dr Finnur Pind, Founder & CEO, Treble said: “The world could sound so much better than what it currently does. Our mission at Treble is to provide the software tools necessary to make the world a better sounding and less noisy place. This, in turn, will significantly improve health, well-being and productivity across the globe, and enhance people’s abilities to connect with one another. This Series A funding marks a significant moment for Treble, affirming our role as leading innovators within the audio space. Together with our partners and customers, we're now set to expand our impact, bringing superior audio solutions to users everywhere as we develop the future of sound, create more resonant spaces and deeper audio engagements.”
Sebastian Peck, Partner, KOMPAS said, “Our investment in Treble reflects our commitment to creating a built environment that is both healthy and sustainable. We firmly believe Treble is leading the way to a better-sounding world with its innovative technology which opens up a whole new way of prototyping and testing products. There is a very large addressable market and I’m excited to see Treble and their phenomenal team continue to make waves.”
About Treble
Dr. Finnur Pind, an audio engineer, and Jesper Pedersen launched Treble in 2020. The Treble platform, the first cloud-based sound simulation and synthetic audio data creation platform in the world, was introduced by the team in 2023, following nearly ten years of study into sound simulation technologies.