Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Audioscenic, a UK-based intelligent audio technology spinout of University of Southampton, has secured £1m ($1.4m) from commercialisation firm IP Group, engineering services and technology provider Williams Advanced Engineering and Foresight Group. The company is working on audio technology that can produce left and right sound channels from a single speaker by monitoring where the listener’s head is located and splitting the soundwaves accordingly. The capital will fund technical and commercial hires as Audioscenic aims to build its product ahead of…