{"id":49138,"date":"2023-07-24T10:10:22","date_gmt":"2023-07-24T08:10:22","guid":{"rendered":"https:\/\/newserver.fyb.de\/audio-technologies-elevear-secures-seed-round-with-techvision-fund\/"},"modified":"2023-07-25T15:56:22","modified_gmt":"2023-07-25T13:56:22","slug":"audio-technologies-elevear-secures-seed-round-with-techvision-fund","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/audio-technologies-elevear-secures-seed-round-with-techvision-fund\/","title":{"rendered":"Audio technologies: Elevear secures seed round with TechVision fund"},"content":{"rendered":"

Aachen \u2014 <\/strong>Aachen-based deep tech startup Elevear<\/a> secu\u00adres a seed invest\u00adment from Tech\u00adVi\u00adsion Fonds<\/a>, a leading early-stage venture capi\u00adtal inves\u00adtor in the Rhine\u00adland. With the fresh capi\u00adtal, the team plans to bring its inno\u00adva\u00adtive and paten\u00adted audio tech\u00adno\u00adlo\u00adgies to market and acce\u00adle\u00adrate the company\u2019s growth.<\/p>\n

Elevear deve\u00adlops, inte\u00adgra\u00adtes and licen\u00adses audio tech\u00adno\u00adlo\u00adgies for heara\u00adbles, wire\u00adless head\u00adpho\u00adnes with intel\u00adli\u00adgent addi\u00adtio\u00adnal func\u00adtions \u2014 one of the largest growth markets curr\u00adently. The goal is to improve comfort and natu\u00adral commu\u00adni\u00adca\u00adtion to take the listening expe\u00adri\u00adence to the next level. Custo\u00admers are manu\u00adfac\u00adtu\u00adr\u00aders of head\u00adpho\u00adnes and hearing aids.<\/p>\n

\u201cThe market for heara\u00adbles is growing steadily, and manu\u00adfac\u00adtu\u00adr\u00aders are looking for compel\u00adling unique selling points,\u201d says Dr. Ansgar Schlei\u00adcher, mana\u00adging direc\u00adtor of TVF. \u201cEleve\u00adar\u2019s tech\u00adno\u00adlo\u00adgies help manu\u00adfac\u00adtu\u00adr\u00aders rapidly inte\u00adgrate inno\u00adva\u00adtive features into their products without having to invest in years of deve\u00adlo\u00adp\u00adment within the company itself.\u201d<\/p>\n

Stefan Liebich, CEO of Elevear, under\u00adlines the new colla\u00adbo\u00adra\u00adtion: \u201cWe are very plea\u00adsed that TVF shares our vision for the tech\u00adno\u00adlogy and its market poten\u00adtial. We are now in an excel\u00adlent posi\u00adtion to support our ongo\u00ading custo\u00admer projects and their upco\u00adming product laun\u00adches, as well as expand our team and tech\u00adno\u00adlogy portfolio.\u201d<\/p>\n

Inno\u00adva\u00adtion in a dyna\u00admic market environment<\/strong>
\nElevear sells its tech\u00adno\u00adlo\u00adgies and soft\u00adware algo\u00adrithms to inter\u00adna\u00adtio\u00adnal manu\u00adfac\u00adtu\u00adr\u00aders of head\u00adpho\u00adnes and hearing aids through a licen\u00adsing model. Manu\u00adfac\u00adtu\u00adr\u00aders thus bene\u00adfit from inno\u00adva\u00adtive diffe\u00adren\u00adtia\u00adtors with fast time to market and low inter\u00adnal deve\u00adlo\u00adp\u00adment costs for new products.<\/p>\n

The market entry is in the heara\u00adbles segment, which shows dyna\u00admic growth of 36 percent p.a. with a market size of USD 35 billion in 2021. The term \u201cheara\u00adble\u201d descri\u00adbes an intel\u00adli\u00adgent head\u00adphone that combi\u00adnes basic func\u00adtions such as music play\u00adback and tele\u00adcom\u00admu\u00adni\u00adca\u00adti\u00adons with audio-based infor\u00adma\u00adtion services and other inno\u00adva\u00adtive features.<\/p>\n

In detail: Audio expe\u00adri\u00adence without distur\u00adbing factors<\/strong>
\nCurr\u00adently, Elevear offers three products that can be used initi\u00adally in heara\u00adbles and later in hearing aids. The products are inte\u00adgra\u00adted as soft\u00adware directly onto the chips that manu\u00adfac\u00adtu\u00adr\u00aders build into the headphones.<\/p>\n

    \n
  1. Occlear\u2122 tech\u00adno\u00adlogy<\/strong> compen\u00adsa\u00adtes for the so-called \u201cocclu\u00adsion effect\u201d: this leads to a muffled percep\u00adtion of one\u2019s own voice and unplea\u00adsant back\u00adground noise when wearing termi\u00adna\u00adting head\u00adpho\u00adnes in or on the ears. Occlear\u2122 solves this problem and increa\u00adses comfort and accep\u00adtance when wearing hearables.<\/li>\n
  2. In quiet envi\u00adron\u00adments, there is often a stron\u00adgly percep\u00adti\u00adble back\u00adground noise from the Heara\u00adble itself. Idle Noise Reduc\u00adtion<\/strong> redu\u00adces the noise floor of minia\u00adture micro\u00adpho\u00adnes to the level of expen\u00adsive studio micro\u00adpho\u00adnes, drama\u00adti\u00adcally impro\u00adving audio quality while redu\u00adcing hard\u00adware costs.<\/li>\n
  3. Steady\u00adhead tech\u00adno\u00adlogy<\/strong> compen\u00adsa\u00adtes for head rota\u00adtion for all audio regard\u00adless of the audio source. This trans\u00adforms the 3D audio expe\u00adri\u00adence in head\u00adpho\u00adnes and ensu\u00adres that the user\u2019s head move\u00adments are instantly compen\u00adsa\u00adted for in the audio scene. The user has the feeling of immersion in the scene.<\/li>\n<\/ol>\n

    From rese\u00adarch to product
    \n<\/strong>
    \nBehind the DeepT\u00adech spin-off of RWTH Aachen Univer\u00adsity, foun\u00added in 2021, is a manage\u00adment team of expe\u00adri\u00aden\u00adced deve\u00adlo\u00adpers and indus\u00adtry experts: foun\u00adders are Dr.-Ing. Stefan Liebich, Johan\u00adnes Fabry and Raphael Bran\u00addis. They have been working toge\u00adther for many years at the Insti\u00adtute for Commu\u00adni\u00adca\u00adtion Systems (IKS) at RWTH Aachen Univer\u00adsity and specia\u00adlize in the field of audio signal proces\u00adsing. The foun\u00adding team is comple\u00admen\u00adted by indus\u00adtry expert Elfed Howells, who has more than 30 years of expe\u00adri\u00adence in the audio and consu\u00admer elec\u00adtro\u00adnics indus\u00adtry. Toge\u00adther, the team has alre\u00adady won nume\u00adrous awards.<\/p>\n

    About TVF
    \nThe Tech\u00adVi\u00adsion Fund (TVF) is the leading early-stage VC fund in the Rhine\u00adland. TVF is the third venture fund mana\u00adged by the S\u2011UBG Group team and invests regio\u00adnally in tech\u00adno\u00adlogy start\u00adups with a fund volume of \u20ac55 million. As one of the most expe\u00adri\u00aden\u00adced inves\u00adtors, TVF supports foun\u00adding teams with proxi\u00admity, network and exper\u00adtise, paving the way for them to become the next inter\u00adna\u00adtio\u00adnal indus\u00adtry leader. In addi\u00adtion, TVF offers unique access to the \u201cold economy\u201d through the S\u2011UBG Group, provi\u00adding young start\u00adups with access to their first poten\u00adtial custo\u00admers in the crucial early stages. The network includes over 150 successful port\u00adfo\u00adlio compa\u00adnies from 30 years of invest\u00adment experience.
    \nTVF \u2014 Brain | Cash | Proximity<\/p>\n

    About Elevear
    \n<\/strong>
    \nElevear is an Aachen-based startup that deve\u00adlops inno\u00adva\u00adtive audio tech\u00adno\u00adlo\u00adgies for heara\u00adbles and sells them to manu\u00adfac\u00adtu\u00adr\u00aders via a licen\u00adsing model. Occlear\u2122 compen\u00adsa\u00adtes for the occlu\u00adsion effect that makes one\u2019s voice sound muffled and boomy \u2014 a common problem with closed-back head\u00adpho\u00adnes and hearing aids. Combi\u00adned with Eleve\u00adar\u2019s Idle Noise Reduc\u00adtion, which elimi\u00adna\u00adtes the annoy\u00ading inher\u00adent noise of heara\u00adble micro\u00adpho\u00adnes, Occlear\u2122 ensu\u00adres that users perceive their own voice and their surroun\u00addings natu\u00adrally \u2014 just as if they were not wearing head\u00adpho\u00adnes. As soft\u00adware-only solu\u00adti\u00adons, both tech\u00adno\u00adlo\u00adgies are compa\u00adti\u00adble with common heara\u00adbles and do not require specia\u00adli\u00adzed hard\u00adware. With Steady\u00adhead, Elevear has also been offe\u00adring a solu\u00adtion for spatial audio with low-latency head track\u00ading since this year.
    \nhttps:\/\/elevear-tech.com<\/p>\n","protected":false},"excerpt":{"rendered":"

    Aachen \u2014 Aachen-based deep tech startup Elevear secu\u00adres a seed invest\u00adment from Tech\u00adVi\u00adsion Fonds, a leading early-stage venture capi\u00adtal inves\u00adtor in the Rhine\u00adland. With the fresh capi\u00adtal, the team plans to bring its inno\u00adva\u00adtive and paten\u00adted audio tech\u00adno\u00adlo\u00adgies to market and acce\u00adle\u00adrate the company\u2019s growth. Elevear deve\u00adlops, inte\u00adgra\u00adtes and licen\u00adses audio tech\u00adno\u00adlo\u00adgies for heara\u00adbles, wireless [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":49136,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1369,1373],"tags":[],"class_list":["post-49138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-investors","category-venture-capital-en","news-category-venture-capital-news"],"yoast_head":"\nAudio technologies: Elevear secures seed round with TechVision fund - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/audio-technologies-elevear-secures-seed-round-with-techvision-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Audio technologies: Elevear secures seed round with TechVision fund - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Aachen \u2014 Aachen-based deep tech startup Elevear secu\u00adres a seed invest\u00adment from Tech\u00adVi\u00adsion Fonds, a leading early-stage venture capi\u00adtal inves\u00adtor in the Rhine\u00adland. With the fresh capi\u00adtal, the team plans to bring its inno\u00adva\u00adtive and paten\u00adted audio tech\u00adno\u00adlo\u00adgies to market and acce\u00adle\u00adrate the company\u2019s growth. 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