Reduxst

Cambridge, United Kingdom Founded: 2013 • Age: 13 yrs Acquired By Alphabet
Enabling screen to work as speakers
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About Reduxst

Reduxst is a company based in Cambridge (United Kingdom) founded in 2013 was acquired by Alphabet in August 2017.. Reduxst has raised $5 million across 1 funding round from investors including Alphabet and ARIE Capital. Reduxst operates in a competitive market with competitors including NeoSensory, FLEXOUND Augmented Audio, Redux, Woojer- Born to Feel and WHYremote, among others.

  • Headquarter Cambridge, United Kingdom
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5 M (USD), Series B

    Apr 06, 2017

  • Investors
    Alphabet

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Alphabet

    (Aug 01, 2017)

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Funding Insights of Reduxst

Reduxst has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series B round of $5 million completed in April 2017. 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 Rounds 1
  • Last Round Series B — $5.0M
  • First Round

    (06 Apr 2017)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2017 Amount Series B - Reduxst Valuation ARIE Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Reduxst

Reduxst has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Alphabet and ARIE Capital. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
A conglomerate of technology and innovation companies is managed.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Reduxst

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Reduxst

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Reduxst Comparisons

Employees
+
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Competitors of Reduxst

Reduxst 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 NeoSensory, FLEXOUND Augmented Audio, Redux, Woojer- Born to Feel and WHYremote, 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
Wearable haptic devices for hearing-impaired users are developed.
domain founded_year HQ Location
Haptic feedback is integrated into audio-visual experiences via patented technology.
domain founded_year HQ Location
Surfaces of devices are transformed into speakers by Redux's technology.
domain founded_year HQ Location
Audio-responsive haptic vests and straps are developed for immersion.
domain founded_year HQ Location
It delivers comprehensive solutions of smart remote control.
domain founded_year HQ Location
Haptic feedback technology is provided for music streaming and experiences.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Reduxst

Frequently Asked Questions about Reduxst

When was Reduxst founded?

Reduxst was founded in 2013 and raised its 1st funding round 4 years after it was founded.

Where is Reduxst located?

Reduxst is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.

Is Reduxst a funded company?

Reduxst is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series B of $5M, raised on Apr 06, 2017.

What does Reduxst do?

Redux Labs has developed haptic (Surface Sensation) and speakerless audio technologies (Surface Sound) for smartphones, tablets, PCs, automotive, and other applications. Its solutions are based on its patented bending wave technology that controls sub-sonic and sonic waves across a flat or curved surface. The solution enables the screen of a device to deliver the sound output and act as a speaker, the haptics-enabled in the same device, also gave the feedback of touching buttons on the display. By this solution, more space can be made inside the device for a bigger battery or likewise implementations.

Who are the top competitors of Reduxst?

Reduxst's top competitors include Redux, NeoSensory and FLEXOUND Augmented Audio.

Who are Reduxst's investors?

Reduxst has 2 investors. Key investors include Alphabet, and ARIE Capital.

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