Capital Raising
OPEN
Noizend Pty Ltd
Noise Cancelling for the Urban Environment
INDUSTRY
Technology
RAISING
A$500K
PRE-MONEY VALUATION
A$4.25M
MINIMUM INVESTMENT
A$10,000
Investment Highlights
Company Overview
Products & Services
Transaction Overview
Team
News
Transaction Summary
Noizend Pty Ltd
Raising A$500K
Pre-money valuation of A$4.25M
Minimum investment A$10,000
Investment Highlights
Noizend has been awarded a $50,000 NSW Government MVP Grant
The Global Noise Mitigation System Market is valued to reach $46.8B in 2028
Have assembled a multi-disciplinary and multi-company development team with research lead by Dr Zhao of the University of Technology Sydney
The United Nations stated that Chronic Noise in Cities was a Planetary Crisis in 2022
Building on known technology for active noise cancelling in headphones, using AI to implement in a more complex urban environment
Company Overview
Noizend is solving chronic low frequency noise problems in the urban environment
Have assembled a multi-disciplinary and multi-company development team headed by Dr Zhao of the University of Technology Sydney
UTS has a designated specialised Centre for Audio, Acoustics and Vibration in Sydney, Australia
Has been approved to join NVIDIA’s inception program for start-ups. Premier virtual accelerator for cutting-edge AI startups that are revolutionising industries
It is a rare opportunity to help save the planet whilst accessing a huge global market.
The United Nations listed excessive noise in cities as part of the 3 Planetary Crisis in 2022. The Global Noise Mitigation System Market is valued to reach $46.8B in 2028.
The main benefits include:
- Businesses are liberated from conducting operations without fear of noise complaints or restrictions.
- Residents are empowered by the peaceful and quiet enjoyment of their homes.
- National Productivity increases under lower noise pollution.
Noizend is already in discussions with potential customers.
Possible A$250,000 IGP Grant
Noizend is excited to announce that it has received its Commercialisation and Growth Report from the Industry Growth Program (IGP). The achievement marks a critical step towards applying for grant funding through the program, a move to bolster Noizend's innovative endeavours and market expansion.
The Commercialisation and Growth Report,meticulously prepared by IGP Advisors, identifies critical opportunities and strategic priorities for Noizend's technological advancements and market penetration. It functions as a prerequisite document for grant applications through
the IGP.
Noizend is specifically seeking A$250,000 towards match funding a potential A$250,000 IGP Grant which if successful will combine to provide A$500,000 development funds.
Shares are 20 cents Australian per share for 1,250,000 shares for a total investment amount of A$250,000. This represents 5.5% equity post investment.
Even if the IGP Grant is not received, share investment funds raised will be used towards the on-going development of the Noizend Shields with a focus on BESS installations. This is a risk
investment as outlined in the Information Memorandum.
Products & Services
Noizend is in the early development stages of adapting the proven science of active noise control, as used in noise cancelling headphones for a wider environment. This will be by way of a multi-channel system we call Noizend Shield. The software will primarily analyse noise and generate multi-channel anti-noise waves. Noizend Shield is an Internet of Things connected system of sensors, speakers and edge processors.
Noizend Shield is built on AI. Noizend has access to NVIDIA's cloud-based services to create digital twin models of specific indoor spaces, such as live music venues, factories or warehouses. The company has plans to expand our technology to open air environments.
The initial pilot project is to reduce noise to residents from live music venues. Over 25% of Live Music Venues received noise complaints & investigations, according to the City of Sydney's Live Music & Performance Action Plan 2012. It has been estimated that the cost of a live music venue having reduced trading hours is $1,000/100 capacity/hour. So a 500 patron venue closed for 1 hour 3 times a week has lost revenue of $780,000 p.a.
How It Works
Microphone array: The first step in the multi-channel active noise control (“MANC”) system involves placing an array of microphones around the noise producing equipment or sound source.
Signal processing: The core of the MANC system relies on advanced digital signal processing techniques.
Secondary noise sources: In response to the processed noise data, the system activates secondary noise sources (such as speakers) that are strategically placed around the noise source.
Noise cancellation: The anti-noise signals emitted by the secondary sources combine with the original noise waves, effectivelycancelling out the noise through a process called destructive interference.
Feedback control: To ensure optimal performance, the MANC system in the Noizend Shield constantly monitors and adjusts its parameters.
Customisable solutions: The MANC system will be designed to adapt to different types and sizes of noise-producing sources, offering a versatile solution for a wide range of applications.
Noizend demonstration of reducing low frequency noise using ANC
Transaction Overview
Seed Funding Offer
- Seeking A$250,000.
- Shares are 20 cents Australian per ordinary share.
- A$250,000 = 1.25 Million ordinary shares.
- 1.25 Million ordinary shares = 5.5% post investment equity.
- Noizend will accept over-subscriptions up to a further A$250,000 at the current share price of 20 cents Australian per share.
News
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