Usound Raises $30M To Ramp Product Manufacturing For Global Brands
12/17/21, 10:30 AM
Location
grazMoney raised
$30 million
Industry
music and audio
media and entertainment
information technology
software
hardware
consumer electronics
USound, a global developer and manufacturer of micro-electro-mechanical systems (MEMS) loudspeakers for personal devices and wearable technology, today announced that it has raised $30 million (€25 million) to move into mass production of its second generation MEMS loudspeakers for several global companies. The investment round was led by Austria’s leading venture capital firm, eQventure, with participation from venture capitalists Hermann Hauser (co-founder of ARM) and Longzhong Yang (co-founder of BYD), as well as a strong participation from the European Investment Bank.
Company Info
Location
graz, styria, austria
Additional Info
USound is a fast-growing audio company offering high-performance silicon speakers and high-quality sound solutions based on MEMS (Micro-Electro-Mechanical Systems) technology, safeguarded by over 300 filed patents. With its offices in Graz, Vienna, San Francisco, and Shenzhen, USound serves international customers to design smart audio applications with MEMS speakers. Learn more on www.usound.com.