Nomono Secures Additional 35M NOK (3.6M USD) in Seed Round Led by Leading Norwegian Media Group
TRONDHEIM, Norway, Sep. 14, 2022 /PRNewswire-PRWeb/ -- Nomono, the pioneering developer of audio recording and collaboration tools that help podcasters and journalists tell immersive audio stories, today announced the closing of a NOK 35 Million ($3.6M USD, €3.55M) investment round led by Schibsted Ventures that enables it to scale the market for its podcasting and spatial audio solutions.
New funding enables Norwegian podcasting technology company to simplify podcasting and expand the market for spatial audio content creation.
TRONDHEIM, Norway, Sep. 14, 2022 /PRNewswire-PRWeb/ -- Nomono, the pioneering developer of audio recording and collaboration tools that help podcasters and journalists tell immersive audio stories, today announced the closing of a NOK 35 Million ($3.6M USD, €3.55M) investment round led by Schibsted Ventures that enables it to scale the market for its podcasting and spatial audio solutions.
Schibsted Ventures is the venture arm of Schibsted, a Norwegian media group globally recognized for its production and distribution of news, podcasts and information across several media platforms. SINTEF Venture V AS, Spintop Ventures, and Investinor – three previous investors in Nomono – also contributed to the company's latest seed round.
This seed round announcement comes on the heels of the company's recent launch of the Nomono Sound Capsule, a cloud-connected, self-contained recording kit for capturing audio recordings in the field and designed specifically for professional podcasters and broadcast journalists.
"It is an honor for us to be associated with Schibsted, a globally recognized leader in the production and distribution of news and information across multiple forms of media, including podcasts. They see in Nomono a business that will revolutionize media and journalism," says CEO Jonas Rinde. "Furthermore, securing this new round of funding in the current economic climate represents a huge validation of the company's innovative technologies and market vision. It's a substantial vote of confidence in our team, our technology, and our long-term future."
Launched in May 2022, the Nomono Sound Capsule includes a Wi-Fi enabled recorder that combines four ultra-compact wireless lavalier mics with a 360-degree spatial audio microphone array and weighs less than 4 pounds. The Nomono Sound Capsule connects seamlessly to the Nomono Web App, an online audio collaboration tool where content creators backup their recordings, collaborate with their production team, and apply AI-powered dialogue enhancement processing to ensure their audio sounds the best it can before starting the editorial process.
With unparalleled portability and ease-of-use, Nomono's combined solutions are revolutionizing how professional-quality audio is created. Unlike current podcasting workflows that depend on separate field recorders, microphones, mixers, and accessories, Nomono offers a portable, all-in-one field recording solution built specifically for podcasters and journalists that automatically uploads recordings to an intuitive cloud-based audio collaboration and preparation tool. Public pre-orders for the Sound Capsule will open during the fall of 2022, and the Web App is currently available through a free public beta.
"Creating a truly disruptive hardware solution is extremely difficult, but Nomono has the proven team and technology to deliver on its ambitious promise. Already, we've seen the noticeable impact the Nomono platform will have on podcast creators around the globe," explained Mats Staugaard, Investment Manager at Schibsted Ventures. "We look forward to supporting the Nomono team every step of the way to revolutionize the rapidly growing podcast industry."
The company has previously received over 120MNOK ($12.4M USD, €12.2M) in funding through seed investors including SINTEF Venture 5 AS, Skyfall Ventures, Spintop Ventures, Investinor, and research support grants from the Research Council of Norway, and Innovation Norway.
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About Nomono
Nomono's mission is to simplify podcasting and redefine the listening experience by enabling anyone to record immersive audio with uncompromising quality and ease. Founded in 2019 as a spinoff from SINTEF Digital, Nomono's goal is to provide storytellers and content creators with audio workflows that are smart, simple and deliver excellent sound, while making it effortless to incorporate object-based spatial audio into their craft. Nomono is headquartered in Trondheim, Norway, with satellite offices in Oslo and New York. For more information, visit https://nomono.co.
Media Contact
Samantha Bryton, Nomono, 212-481-3456, [email protected]
SOURCE Nomono
