Bang & Olufsen backs €2.9M first close of Danish sound-tech fund
What's the deal? SoundInvest, the investment arm of Sound Hub DenmarkDealroom has a profile for this one. Try Dealroom →, has closed the first €2.9 million of SoundInvest Fund II to back early-stage companies working on sound, acoustics, and hearing. Audio maker Bang & OlufsenDealroom has a profile for this one. Try Dealroom → joins the fund as a new investor, alongside returning backers Færchfonden and Vald. Birn Holding.
The fund's details: SoundInvest is targeting €4 million total and still seeking €1.1 million more. It plans to invest in startups tied to Sound Hub Denmark's accelerator, typically as its first institutional backer, offering capital plus labs, facilities, and industry contacts.
What's the endgame? The firm focuses on companies where sound is central to the product, spanning music technology, audio infrastructure, and hearing applications. "We come from the industry ourselves," said chief executive officer Michael Rohde Böwadt. "That is why we can spot the right soundtech start-ups earlier than investors who don't know sound."
Why now? The fund follows SoundInvest's 2023 debut vehicle, which deployed €2.2 million across 22 companies from the US, UK, Germany, India, Sweden, and Denmark. Four of those have converted their loans into equity and raised outside financing, including India's Backyard CreatorsDealroom has a profile for this one. Try Dealroom →, which raised $600,000 in 2025, and Berlin's Just 4 NoiseDealroom has a profile for this one. Try Dealroom →, which secured $1 million in February 2026.
The ecosystem: Based in Struer and founded in 2019, Sound Hub Denmark has supported roughly 80 international startups through its accelerator. "Nowhere else in the world will you find such a concentration of music- and soundtech expertise and start-ups with access to capital and networks," said chief executive officer Peter Petersen.
The signal: Bang & Olufsen's involvement ties an established manufacturer to the next wave of audio businesses. The fund is modest and specialist, so it matters more for Denmark's sound-tech scene than as evidence of a wider audio venture boom.
Read more: hearinghealthmatters.org
Image credit: Generated with Gemini
