Image credits: Dirac
Two decades back, a few PhD students at the Signals and Systems Group at Uppsala University had a problem with their speakers’ audio delivery.
So they went on to combine their knowledge in digital signal processing with their passion for music to improve the audio of the speakers they used every day. Eventually, they succeeded and didn’t want to stop there.
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They wanted to share these experiences with all the other audiophiles out there, and thus, Dirac was born. Notably, the company was named in honour of the British physicist Paul Adrien Maurice Dirac.
Based out of Uppsala, Dirac optimises digital audio, perfecting sound for better listening in any environment.
Raised €14.5M
Recently, the Swedish company raised $17.73M (approx €14.5M) from new investor TIN Fonder and existing investor DIG Investment.
The direct share offering announced today raised $8.9M (approx €7.27M) from each investor. This funding round values the company at $142.2M (approx €116.2M).
Peter Friedrichsen, Dirac’s CEO, says, “Now, with our new funding and realigned executive leadership team, we’re poised to fully capitalise on our growth potential and intend to make Dirac synonymous with superior…
