What is Devialet?
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:
Series A
$19.1M
Series B
$20M
Series C
$106M
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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