M2Tech Srl, a Pisa, Italy-based company that provides audio systems for Home Entertainment, recently raised €500k from Toscana Innovazione.
The company intends to use the funds to advance its R&D activities to complete and launch its new products and consolidate its position in the international markets. M2Tech currently sells its products in 41 countries, licenses its technology to major industry companies such as Rotel, Chord, Wyred4Sound and plans to sign deals with TEAC, Rega and other well known manufacturers.
Founded in 2007 by Fernando Marco Manunta and Nadia Marino, The company specializes in designing, manufacturing and distributing hi-end audio systems for liquid music listening and managing.
Among the others, products include HiFace, a Hi-End S/PDIF Output Interface that enable users to listen to high definition audio files by connecting a personal computer with a hi-fi system.
FinSMEs
22/07/2011