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XMOS secures $19M funding to accelerate growth

XMOS secures $19M funding to accelerate growth 914 409 XMOS

30th September 2019, Bristol, UK – XMOS, a Bristol-based technology company, today announces the completion of a new $19 million financing round – fuelling the company’s global growth, consolidating its technical leadership in far-field voice interfaces and developing a new product roadmap for the Artificial Intelligence of Things.

The funding will support XMOS’s continued growth and an expanded global footprint, including new staff, in its Hong Kong office. This investment will enable the company to capitalise on its technical leadership in the far-field voice interface market, working with leading OEMs around the world.

The funding will also support the development of XMOS’ AIoT (Artificial Intelligence of Things) solution portfolio. This will build on the company’s 10-year pedigree in deep technology solutions for consumer devices, expanding its product-set into a potentially transformative market that will fuel new digital and data services in the smart homes, smart cities and smart factories of the future.

The $19 million investment round comprised equity funding, with participation from existing investors, and a venture debt facility with Harbert European Growth Capital.

Mark Lippett, President and CEO of XMOS, said: “We’re very grateful for the ongoing commitment of our existing investors and welcome Harbert to our exciting journey. This increased investment will be a major part of the growth of the company as we ramp up the rollout of our exceptional XVF3510 2-mic voice interface and accelerate our AIoT roadmap.”

David Bateman, Senior Managing Partner at Harbert European Growth Capital, said: “We have structured our venture debt facility to help later stage scale-ups just like XMOS gain access to capital without diluting its existing shareholders.  We’re delighted to join XMOS in its drive to scale its existing business and position itself for the huge opportunity represented by the AIoT.”

– ENDS –

About XMOS

XMOS stands at the intersection between voice-processing, edge-AI and the IoT (AIoT). Backed by some of the best names in high-tech venture capital, XMOS’ unique silicon architecture and differentiated software delivers class-leading voice-enabled solutions to a wide variety of AIoT applications.

About Harbert European Growth Capital

Harbert European Growth Capital provides specialty debt financing to European growth businesses with strong management, proven revenue traction and in need of capital to fuel organic growth, predominantly in the technology, life sciences and environmental sectors.

Media contact
Sanjay Dove/Ben Musgrove
Wildfire
xmos@wildfirepr.com
+44 (0)20 8408 8000

The Artificial Intelligence Apocalypse (Part 1)

The Artificial Intelligence Apocalypse (Part 1) 3999 2200 XMOS

In this article from the Electronic Engineering Journal, Max Maxfield asks whether it’s time to be scared by the age of Artificial Intelligence.

https://www.eejournal.com/article/the-artificial-intelligence-apocalypse-part-1/

IFA 2019 was a showcase of connected living

IFA 2019 was a showcase of connected living 4032 3024 XMOS

Berlin: 4-9 September

At Europe’s largest tech show, voice assistants were out in full force. Last year, IFA was all about smart speakers. This year, Google’s Assistant and Amazon Alexa were everywhere inside Berlin’s sprawling Messe convention centre. The two leading voice assistants were ever-present in the expo halls, integrated in a vast number of partner products and demonstrations, from soundbars and TVs to laptops and cars. Google and Amazon could have foregone their own stands and still maintained massive presence throughout the event. Bixby, by contrast, was nowhere to be seen, despite Samsung having one of the largest stands of the entire show.

Shortly before IFA kicked off, XMOS’s new 2-mic voice interface passed Amazon AVS qualification with flying colours. The XVF3510 developer kit is aimed at enabling manufacturers to embed top-performing voice interfaces into smart products at an industry-leading price. While news of the qualification arrived too close to IFA for us to create a big splash about it at the show, we did get an early mention on the Alexa Developer Blog. And we took advantage of the acoustically-challenging conference environment to give demonstrations of the XVF3510’s impressive performance in noisy conditions. A successful barge-in from a distance of 3 metres against a backdrop of 90db conference noise makes for a compelling demo, especially when you add in separate point source of music from a mobile phone for good measure.

Amazon’s smart home stand featured a range of products, including a range of 3rd party smart home products, as well as a selection of developer kits. Today more than 60,000 smart home products can be controlled with Alexa, the vast majority of which are built by 3rd parties using chips like the new XMOS XVF3510. We were invited behind the scenes to the Alexa partner drinks, where we had a chance to meet other systems integrators, ODMs and dev kit providers, including our friends from Fraunhofer and Bragi, together with several new contacts made at the event.

Smart TVs played a prominent role on the expo floor. We saw TVs with integrated smart mics from Vestel and Toshiba, while Grundig had smart mic integrated into a soundbar. Sony has packed its new Android TV with a plethora of assistants, including Google Assistant, Amazon Alexa and Apple AirPlay, giving end users the full range of services to choose from. LG has voice control with both Alexa and Google Assistant, but so far has only opted for push-to-talk. We believe the days of the remote control are numbered, and we’ll start to see more and more TVs with a built-in far-field voice interface.

Whichever way you look at it, it is clear that the Voice Market is crossing the chasm into general adoption, and we’re excited to be leading the charge in this growing ecosystem.

XMOS is a Gold Sponsor of the Bristol Technology Showcase

XMOS is a Gold Sponsor of the Bristol Technology Showcase 1920 1080 XMOS

Bristol, 17 September 2019– XMOS is delighted to announce Gold Sponsorship of the forthcoming Bristol Technology Showcase, due to be held on Friday, 8th November at Aerospace Bristol, home of the iconic Concorde.

Designing intelligent human-machine interfaces for the IoT, XMOS is backed by some of the best names in high tech venture capital.  With a 10-year pedigree in Hi-Res and multichannel USB audio, the organisation now sits at the forefront of the far-field voice interface market, opening the door to a more natural conversation with technology.

Bristol Technology Showcase (BTS) will focus on emerging technologies and themes encompassed in the 4th industrial revolution. The impressive line-up of speakers includes Dr Paul Neil, VP Marketing and Product Management at XMOS who, with over 27-years international experience in the semiconductor industry, will deliver a session exploring the future of voice.

XMOS will also feature in the exhibition showcase, enabling visitors to engage and interact with the very latest in voice technology.

Speaking about the event, BTS Founder Nick Rutherford said “We’re delighted to be bringing a new discussion to Bristol and locating it at the home of Concorde. The speed of technological change is so quick today and it’s only going to get faster. It’s wonderful to be able to host an event with some amazing technology companies, speakers and wider businesses and allow delegates to experience some of these technologies first hand. Great Bristol businesses, amazing technology and the ability to showcase and demonstrate them, it’s going to be a great day.”

XMOS CEO, Mark Lippett said “This is a fantastic opportunity to partner with a local event and showcase the latest voice technology from XMOS. BTS will really raise the profile of technology in the South West and beyond and we’re delighted to offer our support.”

Tickets can be purchased here.

view website bristoltechnologyshowcase
follow on Twitter @Btechshowcase
follow on LinkedIn: Bristol Technology Showcase

PLEN Robotics announce PLEN Cube AI assistant, voice-enabled by XMOS.

PLEN Robotics announce PLEN Cube AI assistant, voice-enabled by XMOS. 680 453 XMOS

Japan, 31 July 2019–PLEN Cube is a new, AI assistant service with a big personality! It’ll face you when you speak, give a little shake when it wakes up, nod its head as it ponders – it’ll even dance to your music. The PLEN Cube has plenty to make you smile.

Don’t be fooled by it’s size, it may fit in the palm of your hand but this playful, smart cube is a technology powerhouse with built-in full-HD camera, display, microphone array and speakers along with cutting-edge software speaker, and microphone array. It’s equipped with the latest technology such as facial recognition, face-tracking and voice recognition.

Thanks to the XMOS XVF3100 voice processor, you can control PLEN using your voice. It’ll hear your voice command accurately from close and all the way across the room. Get the weather forecast, stream music, set reminders and update your schedule – It’s good to talk!

Simply tell it to take a photo or video and it’ll move into action. PLEN Cube can also be understood immediately with “body language” and audiovisual cues, bringing a natural, intuitive feel to the way you communicate with your cube.

PLEN Cube can rotate 360 degrees to take a panoramic photo and uses computer vision technology to follow your facewherever you go. So PLEN can capture all your special moments and – sinceit’s wifi and bluetooth-enabled – post them to your social media sites too!

We think there’s PLENty to get excited about.

 

About XMOS

XMOS stands at the interface between voiceprocessing, biometrics and artificial intelligence. Today our unique silicon architecture and highly differentiated software delivers class-leading far-field voice capture for consumer electronics, and we’re building for a more natural human machine interface tomorrow. For more information, please visit www.xmos.com.

About PLEN Robotics

PLEN Robotics is based on the experience of PLEN Project Co., Ltd., which has been developing small robots for over 10 years in Japan, with the aim of developing home and personal service robots that are more practical than ever and that make people’s lives more efficient.

 

XMOS Contact (Japan)

Okawa Takashi
takashio@xmos.com
+81-80-2247-9188

Why Edge-AI is central to the future of the smart environment.

Why Edge-AI is central to the future of the smart environment. 1000 667 XMOS

In this article, our CEO Mark Lippett discusses the role Edge AI will play in reducing the burden on cloud infrastructure as the number of connected devices skyrockets.

https://www.publishing.ninja/V4/page/9564/386/84/1

One step closer to voice-controlled everything

One step closer to voice-controlled everything 1024 468 XMOS

A candid review of our XVF3510 voice processor from Max Maxfield.

https://www.eeweb.com/profile/max-maxfield/articles/one-step-closer-to-voice-controlled-everything

XMOS delivers voice interface dev kit

XMOS delivers voice interface dev kit 800 422 XMOS

Electronics Weekly coverage of the new VocalFusion dev kit announcement at Voice Summit ’19.

https://www.electronicsweekly.com/news/business/660042-2019-07/

XMOS unveils TV-optimised voice processor for Amazon AVS

XMOS unveils TV-optimised voice processor for Amazon AVS 800 422 XMOS

New Electronics announces launch of the new XVF3510 voice processor at Voice Summit ’19.

http://www.newelectronics.co.uk/electronics-news/xmos-unveils-tv-optimised-voice-processor-for-amazon-avs/217679/

XMOS announces its next-generation voice processor

XMOS announces its next-generation voice processor 1800 921 XMOS

XMOS drives the voice-enabled TV market forward with its next-generation voice processor and reveals a new dev-kit for the Amazon Alexa Voice Service.

All the performance at half the price– with intelligent algorithms and a $0.99* price tag, the new 2-mic voice processor from XMOS is for developers who want the best choice in voice.

VOICE summit, New Jersey, 23 July 2019– At the world’s largest voice event, XMOS announces its VocalFusion dev kit for Amazon AVS*, a far-field 2-mic solution optimised for smart TVs and set-top boxes.

The new dev kit is based on the XMOS XVF3510 voice processor, which delivers a big performance at a market leading cost of $0.991, enabling manufacturers to embed a voice interface into mass-market smart TVs and set-top boxes economically.

Developed in the UK and purpose-built for modern living spaces, XMOS’ next-generation acoustic algorithms produce a compelling experience in far-field voice control, opening the door to a more natural conversation with technology.

Working intelligently to analyse the acoustic environment, XMOS technology identifies and isolates a voice command from every other sound in the room (including any media streaming through the device itself), enabling far-field voice capture with close range precision.

XMOS algorithms:

  • Stereo Acoustic Echo Canceller: Suppresses unwanted speaker echo and enables barge-in
  • Interference Canceller: Nulls point noise sources to cancel out unwanted background noise.
  • Our Adaptive Delay Estimator dynamically adjusts audio reference signal latency, ensuring the Acoustic Echo Cancellation algorithms deliver a smooth, real-time experience.

“The recent uptake and demand for devices featuring voice assistants has continued to surge”, said Simon Bryant, Research Director at Futuresource Consulting. “The strong adoption in multimedia and entertainment is expected to continue and this new device from XMOS addresses what manufacturers who want to add far-field voice control to their product lines will be looking for.”

“Giving people the freedom to control the TV with their voice from anywhere in the room,is a more natural experience – you simply tell your TV what you want to watch.” said Mark Lippett, CEO, XMOS. “Our new far-field voice processor gives developers an easy to implement solution, at a very compelling price.”

  • Watch a demo of the product here.
  • Find out more and buy the dev kit from xmos.com today (it will be available in distribution end August 2019).
  • For XMOS news: “Alexa, ask XMOS what’s new”

ENDS

Notes to editors

* $0.99 unit price on orders over one million units a year. For smaller orders, other prices apply. Raspberry Pi not included with VocalFusion dev kit for AVS. Amazon, Alexa and all related logos are trademarks of Amazon.com, Inc or its affiliates.