# Devialet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/devialet-s-a

- Industry: Consumer Products
- Headquarters: Paris, France
- Website: www.devialet.com/
- Total disclosed funding: $158M
- Latest round: Series J (Sep 14, 2022)
- Investors on record: 9

## About

Based in France, Devialet S.A. is a premier provider of high-fidelity audio equipment, renowned for its innovative engineering and commitment to delivering exceptional sound quality across its product range.Founded in 2007 and headquartered in Paris, France, Devialet S.A. specializes in developing high-end audio products. The company has evolved its business model over time, focusing on premium audio solutions. The current leadership includes Co-CEOs Charles-Henry Tranié and Franck Lebouchard. Devialet has raised USD 30.00 mn in total funding, with its latest funding round occurring in November 2024, led by Korelya Capital, contributing to its total raised amount.Devialet specializes in high-fidelity audio equipment, emphasizing premium sound quality through innovative acoustical engineering. Core offerings include the Devialet Phantom series of wireless speakers, recognized for their unique design and advanced sound technologies. The product line also features amplifiers and soundbars catering to audiophiles and luxury consumers. Devialet's products are utilized in diverse environments, appealing to a wide audience, including music enthusiasts and professionals across North America, Europe, and Asia.Devialet generates revenue primarily through direct-to-consumer sales and partnerships with retail distributors for its high-end audio products. Its flagship product lines, such as the Devialet Phantom, are sold at premium price points, reflecting their advanced technology. Additional revenue is derived from services like warranties and repair programs, complemented by potential business-to-business collaborations with audio installation services.In November 2024, Devialet S.A. raised USD 30.00 mn in venture funding led by Korelya Capital to revitalize its reputation and support bold expansion plans. The company is focusing on introducing new products designed to enhance its audio offerings. Plans for market expansion include targeting specific regions, aiming to increase its presence in emerging markets by leveraging the recent funding to support these initiatives.

## Funding rounds

- Series J, Sep 14, 2022, $53M — CM-CIC Capital Privé, Bpifrance Investissement
- Series J, Dec 9, 2016, $106M — SHARP CORPORATION, CM-CIC Capital Privé, Bpifrance Investissement, Playground Ventures, Foxconn Technology Group, Future French Champion, Renault SA, Naver D2 Startup Factory, Fairchild Participations

## Investors

- SHARP CORPORATION — Series J
- CM-CIC Capital Privé — Series J
- Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Series J
- Playground Ventures (https://capitalatlas.ai/funds/playground-ventures) — Series J
- Foxconn Technology Group — Series J
- Future French Champion — Series J
- Renault SA — Series J
- Naver D2 Startup Factory (https://capitalatlas.ai/funds/naver-d2-startup-factory) — Series J
- Fairchild Participations (https://capitalatlas.ai/funds/fairchild-participations) — Series J