About IDUN audio
IDUN audio is a company based in Copenhagen (Denmark) founded in 2018 by Pauli Minnaar.. IDUN audio has raised $112.77 thousand across 3 funding rounds from investors including Accelerace and Nordic Innovators. The company has 5 employees as of November 30, 2024. IDUN audio offers products and services including Dynamic Spatial Audio Software. IDUN audio operates in a competitive market with competitors including Scenes Sound, Jedi Mind, TwirlingVR, Usomo and Vibre, among others.
- Headquarter Copenhagen, Denmark
- Employees 5 as on 30 Nov, 2024
- Founders Pauli Minnaar
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
$-592.87 (USD)37as on Dec 31, 2022
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EBITDA
$-592.87 (USD)37as on Dec 31, 2022
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Total Equity Funding
$112.77 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
Accelerace
& 1 more
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Employee Count
5
as on Nov 30, 2024
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Products & Services of IDUN audio
IDUN audio offers a comprehensive portfolio of products and services, including Dynamic Spatial Audio Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enhances headphone audio for natural spatial sound in digital media.
Funding Insights of IDUN audio
IDUN audio has successfully raised a total of $112.77K across 3 strategic funding rounds. 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 Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(01 Jun 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - IDUN audio | Valuation | Accelerace |
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| Dec, 2020 | Amount | Grant - IDUN audio | Valuation |
investors |
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| Jun, 2019 | Amount | Seed - IDUN audio | Valuation | Accelerace |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in IDUN audio
IDUN audio has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Accelerace and Nordic Innovators. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Funding and support are provided to early-stage startups by Accelerace.
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Founded Year | Domain | Location | |
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Nordic Innovators is engaged in strategic funding advisory for R&D projects.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by IDUN audio
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - IDUN audio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Idun Audio Comparisons
Competitors of IDUN audio
IDUN audio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scenes Sound, Jedi Mind, TwirlingVR, Usomo and Vibre, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sound recording devices for VR-related content are developed.
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| domain | founded_year | HQ Location |
Delivers comprehensive solutions for virtual reality controllers.
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| domain | founded_year | HQ Location |
Intelligent voice interaction and immersive audio solutions are developed.
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| domain | founded_year | HQ Location |
Develops interactive 3D soundscapes for art and virtual reality projects.
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| domain | founded_year | HQ Location |
Provides neurotech for monitoring mental fatigue in high-risk jobs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about IDUN audio
When was IDUN audio founded?
IDUN audio was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is IDUN audio located?
IDUN audio is headquartered in Copenhagen, Denmark.
Who is the current CEO of IDUN audio?
Pauli Minnaar is the current CEO of IDUN audio. They have also founded this company.
Is IDUN audio a funded company?
IDUN audio is a funded company, having raised a total of $112.77K across 3 funding rounds to date. The company's 1st funding round was a Seed of $112.77K, raised on Jun 01, 2019.
How many employees does IDUN audio have?
As of Nov 30, 2024, the latest employee count at IDUN audio is 5.
What does IDUN audio do?
IDUN audio was founded in 2018 in Copenhagen, Denmark, and operates in the audio technology sector. Embedded software for interactive spatial audio is provided, targeting VRAR headsets to simulate virtual environments and track head movements. Natural listening through headphones is restored in applications such as computer games, device interfacing, augmented reality navigation, guided tours, and collaborative tools.
Who are the top competitors of IDUN audio?
IDUN audio's top competitors include TwirlingVR, Scenes Sound and Jedi Mind.
What products or services does IDUN audio offer?
IDUN audio offers Dynamic Spatial Audio Software.
Who are IDUN audio's investors?
IDUN audio has 2 investors. Key investors include Accelerace, and Nordic Innovators.
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