Division:Europe
Field:Artificial Intelligence
Project Evaluation:350 Financing Amount:Secret Cede Share:Secret
Axign offers digital programmable audio controller IC’s for Class-D amplifier systems with patented “feedback after output filter technology,
Axign’s audio technology is disruptive as it results in a better audio system with crystal clear sound and the lack of distortion at a reduced system cost.
The Axign Business Model is based on selling ICs and recurring licensing income.
We are always looking at ways to push boundaries and tackle problems that seem impossible. It is this drive that has seen us push the technology at the heart of the digital feedback for audio systems and to realise its full potential. Our ambition is to create the best audio experience by providing solutions which are distinguished, adaptive and controlled.
We believe:
Audio systems need to support the customer in getting the best audio experience, not just energy efficient or small in size.
Our technology is to enable you to get to this best sound experience
The Product:
Axign develops and sells audio controller chips which enable
1) smaller designs with higher performance and fewer components
2) lower cost and energy consumption 3) intelligent consumer features
The product solution comprises of an audio feedback loop, a unique, extremely fast analog to digital convertor for the speaker signal, plus digital signal processing. The product instantaneously corrects for non- linearity’s, noise and distortion and enables an overall system dynamic range of 124dBA, with noise levels as low as 6μV.
Customers use the device in a platform of multiple products, varying from low to high power, portable to multi-room.
Our IP:
Axign has two patents granted. The patent portfolio is a continuously growing.
Market:
Axign targets the fast-growing US$ 20B global, wireless, active and smart speaker market with 250M devices sold in 2019 and a CAGR of more than 80% over the coming 5 years.
Axign also has opportunities in the automotive and professional audio markets, together about US$ 12B, with a CAGR of about 10% over the coming 5 years.
Customers:
Target customers are Harman, Bose, LG, Sony, Sonos and Samsung in the high volume, mid-range market; B&O, NAD and D&M in the high-end market. Axign sells products to manufacturers through multiple distributors. Axign has a strategic partnership with a well-known leading customer for a novel innovative amplifier chip development.
Business drivers:
The market is dominated by small is beautiful:” loudspeakers shrink in size and grow in performance”. Other drivers are increased intelligence and privacy features.
Further growth markets:
Attractive market segments are portable and smart speakers, party-speakers, Atmos sound-bars and TV’s. Products should be energy efficient, high performance and intelligent. Solutions are on Axign’s roadmap.
Axign’s products and technology also enable faster and more accurate feedback systems for electromotor controls in robots and cars.
MANAGEMENT TEAM:
Hans van Leeuwen, CEO
Jeroen Langevoort, Founder /CTO Johan Koopmans, COO
Richard Langezaal, CMO
INDUSTRY
Category: High Tech Sub-category: Audio, Consumer - Electronics and Semiconductor