Posted Friday, December 11, 2020 at 10:10pm

Subaru Invests $3M in Audio Startup DSP Concepts

Audio tech platform developer DSP Concepts has picked up a $3 million investment from the Subaru-SBI Innovation Fund. The Californian startup, best known for the Audio Weaver embedded audio software platform. has now raised a total of $28.4 million, including a $14.5 million round led by Taiwania Capital from February.
Audio Weaver acts as the base layer for companies to design an audio processing system. The platform enables developers to merge multiple software modules and generate a customized service for whatever purpose they choose, and with minimal coding needed. The platform is used by Daimler and Tesla to run audio and voice control systems, and by Porsche to simulate the sound of an engine revving in its Taycan electric car. Subaru-SBI isn’t the first investor arm of a carmaker to work with DSP Concepts. Both BMW i Ventures and Porsche Ventures are counted among previous investors. This is the Innovation Fund’s first investment in an audio tech startup, whose previous choices include what3words.