Innovative acoustic technology company AudFly Technology closes multi-million-yuan Series A+ round

AudFly Technology, a company focuses on innovative applications of acoustics, announced that it has recently completed Series A+ financing round, raising tens of millions of yuan. The investment was jointly led by CITIC Securities and SND Group.

AudFly Technology, a company focuses on innovative applications of acoustics, announced that it has recently completed Series A+ financing round, raising tens of millions of yuan. The investment was jointly led by CITIC Securities and SND Group.

Earlier, the company had closed Series A round of nearly 10 million yuan by Qianrong Capital and Sumin Investment in 2017.

The proceeds from the fresh funding will be mainly used to the research and application of a new generation of directional sound technology, the reserve of cutting-edge acoustic technology and the business development of applications in various industries.

Established in 2015, AudFly Technology is a developer and researcher of advanced acoustic technologies intended for various applications. The company engages in the development of acoustic audio technology such as a directional speaker that provides sound focusing solutions that can be used in museums, digital signals, retail stores, trade shows, galleries, so as to realize the spatial distribution control of sound wave transmission in the air and the position control of sound source.

The core team members of AudFly Technology come from the Chinese Academy of Sciences and has accumulated many years of foundation in acoustic algorithm and technology. Currently, the company has nearly 80 core independent patents.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/04/26/innovative-acoustic-technology-company-audfly-technology-closes-multi-million-yuan-series-a-round/.

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