Amount Raised
$30 Million
Round Type
Funding Round
GrazInformation TechnologyHardwareSoftwareMedia And EntertainmentConsumer ElectronicsMusic And AudioDescription
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.
Quick answer
U Sound raised $30 Million in a Funding Round round, dated December 17, 2021. U Sound is based in Graz, Styria, Austria.
- How much did U Sound raise?
- U Sound raised $30 Million in a Funding Round round on December 17, 2021.
- What does U Sound do?
- 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.
- Where is U Sound based and how big is it?
- U Sound is based in Graz, Styria, Austria.
Source: Fundz verified event record.
Who else raised in Hardware and Media And Entertainment around the same time
Companies in the same sectors as U Sound that raised within 45 days of this round, from Fundz verified event records.
- Pocket FM raised $22M (Series B) on December 6, 2021.
- Taktikal raised $2M (Seed) on January 12, 2022.
- VeriSIM Life raised $15M (Series A) on January 6, 2022.
- RoboSense raised an undisclosed amount (Corporate Round) on December 27, 2021.
- SkySafe raised $30M (Series B) on December 17, 2021.
- SkySafe raised $27M (Convertible Note) on December 17, 2021.
Who to call at U Sound, and when
A new round usually means U Sound is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day U Sound raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at U Sound, from your own LinkedIn network
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U Sound raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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