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Audium Semiconductor
Fabless semiconductor company that develops ultra-efficient-audio-power-amplifier-integrated circuit devices
About Audium Semiconductor
Audium Semiconductor operated as a fabless semiconductor company, focusing on the development of highly efficient audio power amplifier products for the consumer electronics market. Founded in 2006 and based in Clifton, United Kingdom, the company aimed to address the demand for advanced audio solutions.
The company's core business involved creating ultra-efficient audio power amplifier integrated circuit devices. As a fabless entity, Audium concentrated on the design and sale of semiconductor devices while outsourcing the fabrication of the hardware to a specialized manufacturer. This business model allows companies to focus their resources on research and development rather than on the high costs of maintaining a manufacturing facility.
In September 2007, Audium Semiconductor secured $8.5 million in a Series A funding round. The round was backed by two institutional investors, Advent Life Sciences and Balderton Capital. However, the company ceased operations in 2009. Following its closure, the company's semiconductor intellectual property (IP) was acquired by NXT plc. The acquiring company intended to use the IP to create 25W per channel USB-powered loudspeaker platforms.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Jan 2009 | $8.5M | $34M | Balderton Capital · Advent Venture Partners | — |
| SERIES A✓Equity / VC | Sep 2007 | $8.5M | $34M | Balderton Capital · Advent Venture Partners | — |
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Investors
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Series A2 investors entered at this stage
Balderton Capital
Advent Venture Partners
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