Nomono, a pioneering developer of audio recording and Spintop Ventures’ first investment in Norway, has announced the closing of a 35MNOK (€3.55MEUR) investment round, led by Schibsted Ventures.
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. Spintop Ventures increases its ownership stake in the company in this round, and previous investors Sintef Ventures and Investinor also participated.
“This will enable Nomono to scale the market for its podcasting and spatial audio solutions. Our strong belief is manifested thru our increased ownership, we’re excited to see the next steps of Jonas Rinde and his team as they transform sound recording, “ says Sami Niemi, partner at Spintop Ventures.
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.
“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 Nomono 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. 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.
“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.”
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. The company has previously received over 120MNOK (12.2MEUR) 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.