Audioscenic has completed its Series A investment round led by Foresight Ventures and including Hostplus, IP Group, and FWT.
The announcement, on the back of the launch of the first consumer product featuring the brand’s technology at CES, the Razer Leviathan V2 Pro soundbar, signals a promising year ahead for the company as it continues to explore consumer applications for its forward-thinking approach to spatial audio.
“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,” said Audioscenic‘s CEO David Monteith. “The completion of our A round positions us perfectly to drive the adoption of Audioscenic’s technology into multiple markets in parallel. The value of the company has already grown by more than ten times since it started operations in 2019, and we are very excited to be in a position to share the implications of this technology with the world in the form of accessible, consumer-focused products that will redefine how we experience spatial audio.”
“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,” said Managing Director of Foresight Ventures Richard Lewis . “We are delighted to support Audioscenic in the current Series A round and we look forward to working with David and the team in the coming years.”
