Funding

[Funding alert] UK-based Warwick Acoustics Secures £7Million in Funding

Apr 3, 2024 | By Startup Rise EU

  • Warwick Acoustics An audio technology company secures £7million in funding.
  • According to Warwick Acoustics, the funds will allow the business to expand production and invest in a brand-new, cutting-edge building.
Warwick Acoustics, a developer of in-car electrostatic speakers secures £7million in funding With support from NFU Mutual and other individual investors, Mercia Ventures led the round.

Warwick Acoustics, a developer of in-car electrostatic speakers secures £7million in funding With support from NFU Mutual and other individual investors, Mercia Ventures led the round.

The corporation plans to increase manufacturing capacity and invest the money in a brand-new, cutting-edge manufacturing facility.

Under the direction of CEO Dr Mike Grant, Warwick Acoustics creates electrostatic speakers that have superior sound quality than traditional speakers and provide designers more freedom when it comes to how the cabin is laid out.

Read also - Germany-based moveXM Acquired Feeddex BV and 5-Star Specialist BV

RECOMMENDED FOR YOU

recomd
Recent Articles
Croatia-based Infobip Provides €1.8 Mn in Support to over 300 Startups Through its Flagship Programme
Startup Rise EU
Dec 18, 2023
recomd
Funding
NcodiN funding news – Optical Interposer Company NcodiN Raises €3.5 Million in Funding
Startup Rise EU
May 28, 2024
recomd
Funding
[Funding alert] London-based Tangent Raises €1 Million Pre-Seed Funding
Startup Rise EU
Apr 18, 2024

In contrast to conventional loudspeakers, the devices are made from easily recyclable and upcycled materials and do not require the use of rare earth metals.

The company, which originated as a spin-out from Warwick University's engineering department, has already made use of its technology to introduce a line of high-end headphones that retail for up to £50,000 and have won over 30 industry awards.

About Warwick Acoustics

Warwick Acoustics, a uk based startup is unwavering: to provide exceptional listening experiences. The music that moves you is given new life by their innovative audio systems. They provide an immersive, personal, exhilarating, and authentic listening experience through their world-first in-car electrostatic systems and their multi-award-winning Sonoma M1 or APERIO Headphone Systems.

Recommended Stories for You

story
Germany

[Funding alert] Berlin-based Scavenger AI Secures €1.1 Million in Pre-Seed Funding

Startup Rise EU Apr 11, 2024

story
Funding

[Funding alert] London-based Vitrue Health Secures €3.7 Million in Funding

Startup Rise EU Feb 29, 2024

story
Funding

Rivia funding news – Zurich-based Rivia Secures €3 Million in Seed Funding

Startup Rise EU Jun 12, 2024

story
Funding

[Funding alert] Madrid-based AI Writting Platform Correcto Secures $7 mn Seed Funding

Startup Rise EU Sep 25, 2023

story
Uncategorized

[Funding alert] Turkish-based Mental Health Platform Startup Salus Raises $4.7M in Seed Funding

Startup Rise EU Nov 21, 2023

story
Funding

ARX Robotics funding news – Munich-based ARX Robotics Secures €9 Million in Seed Funding

Startup Rise EU Jun 10, 2024