Foresight William Technology has led a Series A funding round for Audioscenic, whose innovative 3D audio technology promises to redefine auditory experiences across multiple applications.

Information on the Target

Audioscenic is a cutting-edge company that has developed a groundbreaking software solution named Virtua, which revolutionizes the 3D audio experience. Utilizing advanced head-tracking technology, Virtua accurately monitors listeners' positions and delivers separate sound waves to each ear, allowing for a natural 3D audio experience without the need for headphones. This innovative technology addresses the limitations of traditional 3D audio-enabled loudspeakers that often restrict listeners to a narrowly defined ‘sweet-spot’.

The company's founders, Dr. Marcos Simon and Prof. Filippo Fazi, are renowned experts in sound and vibration research, having developed the technology at the prestigious Institute of Sound and Vibration Research (ISVR) at the University of Southampton. With David Monteith, an industry veteran, at the helm as CEO, Audioscenic is well-positioned to leverage its patented technologies in various markets, catering to applications like gaming, television soundbars, and automotive infotainment systems.

Industry Overview in the Target’s Specific Country

The demand for 3D audio technology is rapidly increasing, especially with the recent releases of the Sony PlayStation 5 and Microsoft Xbox Series X, which have significantly advanced audio capabilities. The gaming industry is