By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Where Your Profits Grow Sky High.

EUR 12 million investment in loudspeaker startup USound in Graz

Startup Usound © Der Brutkasten

The technical details: compared with current loudspeakers, for example in smartphones or headphones, the USound loudspeaker is only half the size, consumes 80% less energy and features a sound quality which is twice as good. This added value also convinced the investment company eQventure based in Graz, which in turn also brought computer pioneer and top investor Hermann Hauser on board.

Production is commencing in Austria and Sweden

The funding has helped to double the current staff. In addition, it enables the smooth launch of series production which is just starting. The innovative loudspeaker is being manufactured by an Austrian, Swedish and American supplier with a plant in Austria. In the initial phase the first headsets containing USound loudspeakers will hit the market in the middle of the year. Corresponding contracts have already been concluded with customers.  

The second step will be to integrate the technology into smartphones. Negotiations on this are already underway.  

Source: Der Brutkasten

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • Smart Manufacturing and Artificial Intelligence in Austria

    5.08.2021/15.00 CST (China Standard Time), Virtual Event

  • Meet us @ Belt and Road Summit Hong Kong 2021

    01.09-02.09 2021, Virtual Event

Austria Map

Find the perfect location for your company

Vienna’s unique location at the heart of Europe makes it an important centre and very popular with the global pharmaceutical and biotechnology industry. Vienna is where Eastern Europe meets Western Europe. Businesses located at this international hub benefit from well-established infrastructures and highly-qualified professionals. The significant growth in the Life Sciences sector in Vienna over the last few years is an indicator of the momentum in the industry.

ABF Pharmaceutical Services

ABF Pharmaceutical Services
More testimonials

news from the business location Austria

Online real estate specialist Propster obtains fresh capital

A digital “all-round programme” for implementing real estate projects is offered by the Viennese startup Propster established in 2017.

4 Reasons for Evaluating Austria as the First Step for Internationalisation of Your Startup

Just recently the latest edition of the Austrian Start Up Monitor was published. The report, once again, shows that Austria has a very dynamic founder scene. Just think of Prescreen, mySugar, Bitpanda or Bitmovin; Austria has spawned numerous, internationally well-known flagships within the startup community.

More news All blog posts