Frontier Smart Technologies

London, United Kingdom Founded: 2001 • Age: 25 yrs Listed Acquired By Science Group
Provider of digital radio and smart audio solutions

About Frontier Smart Technologies

Frontier Smart Technologies is a Media & Entertainment company based in London (United Kingdom) founded in 2001, and was acquired by Science Group in August 2019. Provider of digital radio and smart audio solutions. It operates in the Media & Entertainment and Technology sectors. Frontier Smart Technologies has raised $28 million across 3 funding rounds from investors including Apax Partners, Science Group and Man GLG. The company has 20 employees. Its website frontiersmart.com draws about 27 thousand monthly visits. Frontier Smart Technologies offers products and services including AURIA Connected Audio module, Magic X Connected Audio module, Venice X Connected Audio module, Kino DAB/FM chip, and Siena DAB/FM module. Its focus areas include Radio Tech, Terrestrial Radio, Digital Radio and Audio Broadcasting. Its legal entity is FRONTIER SMART TECHNOLOGIES LIMITED.

Company details

Frontier Smart Technologies was established in 2001 in London, United Kingdom, within the technology sector focused on audio innovations. Digital radio and smart audio solutions are developed and supplied, including chips, modules, software, apps, and related services. These offerings support connected audio devices across various applications. Operations emphasize hardware and software integration for reliable performance in consumer and professional environments.

  • Headquarters London, United Kingdom
  • Employees 20
  • Stage Acquired
  • Sectors
    Media & Entertainment
    Technology
  • Website frontiersmart.com
  • Social LinkedIn X
  • Acquired by Science Group (Aug 2019)
  • Legal Name Frontier Smart Technologies Limited
  • Date of Incorporation 10 May, 2001
  • Jurisdiction CAMBRIDGE, ENGLAND
Key Metrics
  • Annual Revenue
    $34 M (USD)
    as on Dec 31, 2020
  • Net Profit
    $6.7 M (USD)
    as on Dec 31, 2020
  • Total Equity Funding
    $28M (USD)

    in 3 rounds

  • Latest Funding Round
    $83.57K (USD), Post-IPO

    Jul 2019

  • Investors
  • Employee Count
    20
  • Acquired by
    Science Group

    (Aug 2019)

Products & Services of Frontier Smart Technologies

Frontier Smart Technologies offers a comprehensive portfolio of products and services, including AURIA Connected Audio module, Magic X Connected Audio module, Venice X Connected Audio module, Kino DAB/FM chip, and Siena DAB/FM module.

AURIA Connected Audio module
Audio Module

Provides connected audio solutions for consumer electronics devices.

Magic X Connected Audio module
Audio Module

Offers advanced connectivity for audio applications in devices.

Venice X Connected Audio module
Audio Module

Delivers configurable options for connected audio systems.

Kino DAB/FM chip
Audio Chip

Enables digital radio functionality in consumer products.

Siena DAB/FM module
Audio Module

Supports digital and FM radio features for electronics.

OKTIV Setup and control app
Software App

Facilitates setup and control of audio devices remotely.

Funding Insights of Frontier Smart Technologies

Frontier Smart Technologies has successfully raised a total of $28M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $83.57 thousand completed in July 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $28M
  • Total Rounds 3
  • Last Round Post-IPO β€” $83,567
  • First Round $28M

    (Mar 2005)

  • Investors Count 9

All 3 funding rounds of Frontier Smart Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2019$83,567Post-IPO––
Jan 2007$31.3MPost-IPO––
Mar 2005$28MSeries B––
Valuation history

9 investors in total: 9 institutional.

Investors in Frontier Smart Technologies

Frontier Smart Technologies has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Apax Partners, Science Group and Man GLG.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage venture capital funding is provided to innovative companies.
actventure.capitalDublin, Ireland
Equity investments are focused on tech, services, and consumer sectors.
1981apax.comHong Kong, China
Venture capital firm that invests in fintech, digital health, enterprise software, and consumer experiences.
brv.com
VC firm investing in Western Europe, the US and Israel
altaberkeley.comLondon, United Kingdom
PE firm backed by quilvest group
quilvestprivateequity.comLas Condes, Chile
Technology-based consultancy and product development services are provided.
1995sciencegroup.comCambridge, United Kingdom
Alternative investment management focusing on real estate, corporate credit, and equity strategies.
2000cheynecapital.comLondon, United Kingdom
Hedge funds are managed through multiple investment strategies.
1995glgpartners.comLondon, United Kingdom
plutuscp.com
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Investor details for Frontier Smart Technologies

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People of Frontier Smart Technologies

6 people are tracked at Frontier Smart Technologies (5 in leadership, 1 in team); the tracked headcount is 20.

NameRoleGroup
Bob Heads
Joint Managing Director (Engineering and Operations)Leadership
Prem Rajalingham
Joint Managing Director (Commercial)Leadership
Andrew Laity
VP Of EngineeringLeadership
Florin Cania
Head Of Test AutomationLeadership
Sk Tay
Vice President and General Manager - ChinaLeadership
Durgesh Shukla
Test Automation EngineerTeam
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Timeline of Frontier Smart Technologies

5 dated milestones of Frontier Smart Technologies across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded Frontier Smart Technologies is founded.
  2. Funding First funding round of $28.0M.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Post-IPO, of $84K.
  5. Exit Acquired by Science Group.

Web traffic of Frontier Smart Technologies

The website of Frontier Smart Technologies (frontiersmart.com) receives about 27K visits a month.

  • Monthly visits
    27K

    ▲ 63.8% vs previous month

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Related news about Frontier Smart Technologies

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Frequently Asked Questions about Frontier Smart Technologies

Frontier Smart Technologies was founded in 2001 and raised its 1st funding round 4 years after it was founded.

Frontier Smart Technologies is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Frontier Smart Technologies is a funded company, having raised a total of $28M across 3 funding rounds to date. The company's 1st funding round was a Series B of $28M, raised on Mar 2005.

Frontier Smart Technologies has 20 employees.

Annual revenue of Frontier Smart Technologies is $34M as on Dec 31, 2020.

Frontier Smart Technologies was established in 2001 in London, United Kingdom, within the technology sector focused on audio innovations. Digital radio and smart audio solutions are developed and supplied, including chips, modules, software, apps, and related services. These offerings support connected audio devices across various applications. Operations emphasize hardware and software integration for reliable performance in consumer and professional environments.

Frontier Smart Technologies offers AURIA Connected Audio module, Magic X Connected Audio module, Venice X Connected Audio module, Kino DAB/FM chip, and 2 more products and services.

Frontier Smart Technologies has 9 investors. Key investors include Apax Partners, Science Group, Man GLG, Act Venture Capital, and Cheyne Capital.

Frontier Smart Technologies operates through Frontier Smart Technologies Limited.

Yes. Frontier Smart Technologies was acquired by Science Group in August 2019.

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