Garrix, alongside Swedish solar cell company Exeger and venture capital firm Forward.One, have helped Mayht raise over $10 million. The disruptive company has reinvented the core inner-workings of speakers with their Heartmotion technology. Their innovative tech will reduce the overall footprint of speakers, allowing massive sound systems to be packaged in a much smaller size.
It could prove to be a staggering development for the audio industry. According to a press release issued to announce the funding, Mayht's executive team believes their tech could revolutionize the home entertainment, portable device, voice assistant, soundbar and automotive markets.
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“This new injection of funding will help us turn the market on its head, allowing us to commercialise and license out our Heartmotion technology on a global stage," said Mayht Chief Executive, Mattias Scheek. "We’re looking forward to bringing until now unimaginable, high quality, full-range sound experiences including full bass spectrum to the most compact speaker devices."
Exeger is keen on implementing their technology alongside Mayht's. The Swedish company has developed a solar cell material called Powerfoyle, which converts both indoor and outdoor light into clean energy. Exeger previously unveiled the world's first self-powered headphones and hope to do the same with a speaker. Mayht and Exeger will be showcasing the tech at CES in Las Vegas on December 3rd through 9th.
You can read more about Mayht here.