How Much Did Devialet Raise?
Funding & Key Investors

Devialet, a French acoustical engineering firm, has secured significant enterprise-level funding, with its total capital raised standing at $195.1M. The company recently announced a major strategic investment of $50M, underscoring its continued growth and market position in the high-fidelity audio sector. This latest financing round is expected to fuel further innovation and expansion for the luxury technology brand.

What is Devialet?

Devialet
ManufacturingElectronicsEcommerce Platforms

Founded in 2007, Devialet operates at the nexus of luxury and advanced technology, aiming to redefine the role of sound in daily life through immersive audio experiences. The company's success is underpinned by a suite of proprietary audio innovations, encompassing both hardware and signal processing technologies. These advancements are integrated into its product lines, including the Expert Pro amplifiers, Phantom speakers, and Devialet Gemini true wireless earbuds. Devialet distinguishes itself by merging exceptional sound quality with sophisticated, modern design, driven by a commitment to pushing the boundaries of audio engineering.

How much funding has Devialet raised?

Devialet has raised a total of $195.1M across 4 funding rounds:

2012

Series A

$19.1M

2015

Series B

$20M

2016

Series C

$106M

2022

Unspecified

$50M

Series A (2012): $19.1M, investors not publicly disclosed

Series B (2015): $20M, investors not publicly disclosed

Series C (2016): $106M supported by Sharp Global, Playground Global, Roc Nation, Groupe Renault, BPI France, Foxconn, Korelya Capital, Naver, CM-CIC Investissement, and Ginko Ventures

Unspecified (2022): $50M featuring Feedaxess and Bpifrance

Key Investors in Devialet

Sharp Global

Sharp Global, founded in 1912 and headquartered in Osaka, Japan, is a major player in electronics manufacturing and distribution, specializing in smart homes, IoT devices, and advanced display systems.

Playground Global

Playground Global is a venture capital firm that backs founders utilizing frontier technologies to build transformative businesses, with a focus on early-stage companies in AI, life sciences, and next-gen compute.

Roc Nation

Roc Nation, established in 2008 and based in New York City, is a prominent entertainment company serving the music and sports industries.

What's next for Devialet?

The substantial enterprise-level funding and recent strategic investment signal a pivotal phase for Devialet. This capital infusion is likely to accelerate the company's product development pipeline, enhance its global distribution network, and bolster its marketing efforts to reach a wider audience. Devialet's focus on integrating cutting-edge technology with luxury aesthetics positions it for continued expansion in the premium audio market, potentially exploring new product categories or strategic partnerships to further its mission of delivering unparalleled sound experiences.

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Frequently Asked Questions Regarding Devialet Financial Insights

What are the most recent funding rounds that Devialet has completed, and what were the funding rounds?
Devialet has recently completed 3 funding rounds: Unspecified on Sep 13, 2022, Series C on Nov 28, 2016, Series B on Jun 17, 2015.
What is the total amount of funding Devialet has raised to date?
Devialet has raised a total of $195.1M in funding to date.
How many funding rounds has Devialet completed?
Devialet has completed 3 funding rounds.
How much funding did Devialet raise in its most recent funding round?
Devialet raised $50M in its most recent funding round.
Who are the lead investors in Devialet's latest funding round?
The lead investor in Devialet's latest funding round was Feedaxess. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Devialet's history?
The largest funding round in Devialet's history was $106M.
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