Technology

Twitter, Pinterest Co-Founders Back Swedish Audio Startup Chroma

Twitter Inc. co-founder Isaac Stone and Pinterest Inc. co-founder Evan Sharp are among the many backers of a Swedish startup striving to create a brand new kind of audio leisure, constructed particularly for cellular units.

Twitter Inc. co-founder Isaac “Biz” Stone and Pinterest Inc. co-founder Evan Sharp are among the many backers of a Swedish startup striving to create a brand new kind of audio leisure, constructed particularly for cellular units.

Stockholm-based Chroma Studios AB not too long ago raised 5.1 million euros ($5.4 million) from people together with Stone, Sharp and Ben Silbermann, co-founder and chief govt officer of Pinterest, in a seed spherical led by enterprise capital corporations Singular and Adjacent. Berlin-based angel syndicate SpotiAngels additionally took half.

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The company is constructing an audio expertise the place the first expertise is sound, supported by visible results and a visible theme on a smartphone. The content material could be something from drama, to interactive and meditative experiences and musical performances, Chroma CEO Andreas Pihlstrom mentioned in an interview.

“It’s a platform for a unique, sound-driven experience that is drawing on the creativity of artists,” he mentioned. The intention is to launch the service earlier than the top of the year.

Before the newest spherical, Chroma raised 1.6 million euros in pre-seed funding. The company declined to reveal its valuation.

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