Treble Secures €11 Million in Series A

by Kay Aloha Villamor in September 4th, 2024

Treble, a Reykjavík, Iceland-based next-gen sound simulation and synthetic audio data company, has secured €11 million in Series A funding. 

Investors 

The round was led by KOMPAS VC, with participation from Frumtak Ventures, the European Investment Bank, Omega Venture Partners, strategic partners St. Gobain and L-Acoustics, and various angel investors. 

KOMPAS VC is a venture capital firm specializing in early-stage investments. They focus on innovative technology solutions in the built environment and manufacturing industries that address emissions, productivity, and resilience. Their Fund I, with a €135 million allocation, targets late Seed and Series A stages for hardware and tech companies primarily in Europe, Israel, and the US. 

Treble Use of Funds 

The company will use the funds to expand its team, enhance research and development, attract new enterprise clients, and explore new markets. 

About Treble 

Founded in 2020 by Dr. Finnur Pind and Jesper Pedersen, Treble offers a sound simulation platform to design the sound of every building, every car, every tech product, and every virtual experience. The company provides a suite of products that allow users to simulate and interact with sound and acoustics in digital spaces, such as virtual worlds and digital twins. Their services are used primarily in sectors including automotive, building design, immersive reality, and artificial intelligence. 

Funding Details 

Company: Treble Technologies ehf. 

Raised: €11.0M 

Round: Series A 

Funding Date: September 2024 

Lead Investor: KOMPAS VC 

Additional Investors: Frumtak Ventures, European Investment Bank, Omega Venture Partners, St. Gobain, L-Acoustics 

Company Website: https://www.treble.tech/  

Software Category: Sound Simulation and Audio 

Source: https://www.eu-startups.com/2024/09/reykjavik-based-treble-raises-e11-million-to-build-the-sound-of-our-cities/ 

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