Reykjavik, Iceland-based Treble Technologies, a company specialising in sound simulation technology, announced on Tuesday that it has raised €11M in a Series A round.
The funding round was led by KOMPAS VC, with participation from Frumtak Ventures, the European Investment Bank, Omega Venture Partners, strategic partners St. Gobain & L-Acoustics, as well as experienced angel investors.
The Icelandic company will use the funds to expand its team, enhance R&D efforts, forge new enterprise clients, and tap into new markets.
Treble Technologies: First cloud-based sound simulation platform
Designing sound for buildings, cars, and tech products has traditionally been expensive because of a lack of easy-to-use and accurate simulation solutions that can be integrated into the design process.
Here’s where Treble Technologies comes into play!
Founded in 2020 by acoustic engineers Dr Finnur Pind and Jesper Pedersen, Treble Technologies has built the world’s first cloud-based sound simulation platform.
Powered by its proprietary simulation technology, the company’s platform allows users to perform highly accurate sound simulations for buildings, cars, and even immersive reality applications.
According to the company, it is more than 100x faster than existing sound simulation solutions, enabling a wide range of industries to bring down costs.
Within a year since its launch, the company’s platform is being used by some of the largest and most prestigious companies in the world in tech, buildings, audio, and automotive.
Dr Finnur Pind, Founder & CEO, Treble says, “The world could sound so much better than it currently does. Our mission at Treble is to provide the software tools necessary to make the world a better-sounding and less noisy place. This, in turn, will significantly improve health, well-being, and productivity across the globe, and enhance people’s abilities to connect.”
“This Series A funding marks a significant moment for Treble, affirming our role as leading innovators within the audio space. Together with our partners and customers, we’re now set to expand our impact, bringing superior audio solutions to users everywhere as we develop the future of sound, create more resonant spaces and deeper audio engagements,” adds Pind.
The investor
KOMPAS is a specialist early-stage venture capital firm with offices in Amsterdam, Berlin, Copenhagen, and Tel Aviv.
The VC backs innovative and scalable technology solutions that reduce emissions, increase productivity, and strengthen business resilience in the built environment and the manufacturing industry.
Sebastian Peck, Partner, KOMPAS, adds “Our investment in Treble reflects our commitment to creating a built environment that is both healthy and sustainable. We firmly believe Treble is leading the way to a better-sounding world with its innovative technology which opens up a whole new way of prototyping and testing products. There is a very large addressable market and I’m excited to see Treble and their phenomenal team continue to make waves.”
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