Milan's Phononic Vibes raises €25 million to expand noise control technology
Italian company Phononic Vibes, which develops noise and vibration solutions, has closed a €25 million financing round. Its technology is already used with Deutsche Bahn and in Mercedes-Benz vehicles.
Phononic Vibes, a noise management company based in Milan, has secured €25 million in financing. The company designs and manufactures noise and vibration products for the rail, energy, industry, construction and mobility sectors. The new capital is intended to expand the reach of its noise control technology.
The round was led by Jolt Capital, a Paris-based private equity firm that specialises in DeepTech. DeepTech refers to companies built on complex scientific or engineering solutions.
Technology already in use
According to the headline of the original report, the company's technology is already in service with Deutsche Bahn, the German rail operator, and in Mercedes-Benz vehicles. This suggests its products are not only at the development stage but are already used in real transport projects.
New identity
Alongside the funding announcement, Phononic Vibes has also launched a new corporate identity and a new website. The source gives no further details on the terms of the investment, the company's valuation or specific plans for the funds.
