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Today: September 25, 2024
March 24, 2024
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Edge Sound Research secures $19M in startup funding



TLDR:

Edge Sound Research, an audio technology startup based in California, has raised US$1.9 million in seed funding. The funding round was led by VC fund Potential Capital, with investments from Elevate Ventures, Techstars, and NBA Equity. Edge Sound Research aims to provide optimal audio experiences for live sporting events, both at home and in the stadium. The company has previously been part of the NBA’s Launchpad accelerator and has worked with NBA franchises. Co-founder and CEO Valtteri Salomaki plans to expand the company’s technology offering to include volumetric audio for immersive devices.

Article Summary:

Audio technology specialist Edge Sound Research has raised US$1.9 million in fresh funding through a seed round, led by VC fund Potential Capital. Other investors in this round include Elevate Ventures, Techstars, and NBA Equity, bringing Edge’s total funding to US$2.7 million. The California-based startup focuses on delivering an optimal audio experience for live sporting events, whether watched at home or in the stadium.

Edge Sound Research has previously been involved in the NBA’s Launchpad accelerator and worked with NBA franchises such as the Indiana Pacers and Cleveland Cavaliers. The company also had the opportunity to showcase its technology during the NBA’s All-Star weekend in Indiana. Named as one of SportsPro’s 20 sports tech ideas to invest in for 2024, Edge Sound Research is looking to innovate in volumetric audio for immersive devices like the Apple Vision Pro.

Co-founder and CEO Valtteri Salomaki plans to expand the company’s technology offerings across the entertainment sector, with a focus on immersive audio experiences. Edge Sound Research’s success in securing funding and partnerships within the sports tech industry positions them for future growth and innovation.


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