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Warwick Acoustics raises GBP2.8m in round led by Mercia Asset Management

Warwick Acoustics – a Midlands-based company which aims to disrupt the delivery of entertainment within the next generation of electric vehicles – has raised GBP2.8 million from existing shareholders including Mercia Asset Management, and a small number of high net worth investors.

The company’s ElectroAcoustics Panel (EAP) system delivers not only a step change in acoustic performance over existing audio systems, but also major reductions in weight and power consumption – key requirements for all battery-powered vehicles. Meanwhile the low-profile nature of panels, plus the ability to build them in a variety of shapes, provides designers with a unique tool to style differentiated ‘customer experiences of the future’ – visually as well as acoustically.

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