Warwick Audio specialises in the development of High Precision Electrostatic Laminate audio transducers for the automotive and headphone markets. The company raised finance for a second time on SyndicateRoom in 2017, overfunding to £2,131,030.
The company is planning to use the funds for inventory purchases, core technology development, prototyping, and marketing, as well as management and legal costs.
The second fundraising round was covered by a number of sources, the highlight of which can be found below.
- Fintech Times: Warwick Audio Gets Ready To Make Some Noise With £2.2 Million Raise
- Angel News: Warwick Audio gets ready to make some noise with GBP2.2 million raise
- Proactive Investors: SyndicateRoom supports Warwick Audio in £2.2mln funding round as it prepares to push into the automotive market
- Crowdfund Insider: Warwick Audio Raises £2.2M with a Little Help from SyndicateRoom Friends