Midwich Ignite, the corporate venture capital arm of Midwich Group, has invested in Idun audio, aiming to target growth in the spatial audio technology market.
Idun audio is based in Copenhagen, and specialises in three-dimensional sound in
headphones, improving speech intelligibility, reducing listener fatigue, and optimising performance across listening
situations.
Will Fenby, investment manager, Midwich Ignite, commented: “We are delighted to be
investing in Idun audio, whose patented technology represents the next major revolution
in audio. With Idun’s decades of research-led spatial audio development, and Midwich’s global
leadership position in professional audio, we believe this partnership is perfectly positioned
to drive innovation and adoption of this unique technology. We look forward to
working with the Idun audio team on the next stage of their
growth.”
Pictured: (L-R) Ivan Sandager, COO, and Pauli Minnaar, Founder and CEO, Idun audio