Resonado Labs, a Chicago-based audio technology startup company, raised $3 million in its latest venture capital round. The company now has raised $5.2 million, including its pre-seed funding.
Resonado’s sound system recently launched in Airstream’s 2022 Touring Coach lineup.
The company said the additional capital will help accelerate the commercialization of its Flat Core Speaker (FCS) technology.
“This round of funding marks a significant milestone for Resonado Labs,” said Brian Youngil Cho, Resonado Labs co-founder and CEO, “as we expand our engineering capabilities in the U.S. to further accelerate the integration of FCS technology in products across multiple verticals.”
The capital will enable Resonado Labs to introduce FCS to mass-market products in the automotive, home audio and marine industries, the company said. New funding also will be invested in engineering at the firm’s Chicago headquarters.
Resonado Labs said several key hires already have been made, including loudspeaker legend Benny Danovi, a top speaker driver engineer at Alpine, Harman and Sonos. The company will expand its Chicago real estate footprint to house growing engineering operations and new precision acoustic testing and prototyping equipment.
The financing round was co-led by Crush Ventures, Liquid2 Ventures and Steve Eskenazi. Musicians Patrick Stump (Fall Out Boy) and Rivers Cuomo (Weezer) invested in the round, along with Crush. Notable new investors include Tom Croddy, former managing partner at Battery Ventures; Jamie Iannone, president and CEO of eBay; and Golden Angels Investors.
