Audioscenic Kicks Off 2023 With Series A Round Investment and Industry Recognition at CES
Innovative spatial audio brand Audioscenic looks to the future with increased resources and ambitious design roadmap
SOUTHAMPTON, UNITED KINGDOM, 15th February 2023 – Audioscenic, developers of innovative 3D audio beamforming technology, 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.”
The Razer Leviathan V2 Pro is the first product on the market to implement Audioscenic’s unique 3D audio beamforming technology and captured 12 ‘Best of CES’ awards from publications such as The Verge, Engadget, TechRadar, and PC Gamer among others. The soundbar is but the first in a series of planned implementations of the technology that will add a new dimension of audio experience, to otherwise commonly available audio sources, including laptops and car audio systems.
“Previous attempts to bring spatial audio to everyday consumers have often come with a high price tag and large amounts of supporting equipment that aren’t practical,” said Dr Marcos Simon, Audioscenic’s CTO and Co-Founder. “Our 3D audio beamforming technology can be implemented in form factors that are familiar to consumers – soundbars, laptops, built-in speakers, etc – while still giving an elevated level of experience that was not previously achievable. The Razer Leviathan V2 Pro is a crucial first step for Audioscenic, and we’re eager to take more of them in the coming years as we explore different product applications for our technology.”
