Treble Technologies, founded in Reykjavik by acoustic engineers Finnur Pind and Jesper Pedersen, simulates how sound travels and sounds in buildings, cars and products. Its EIC project said its "wave-based" method, instead of the usual ray tracing, was "100-1000x faster than current technologies" and would let engineers predict how products sound and let virtual worlds render realistic audio, according to CORDIS.

The European Innovation Council granted €2,500,000 towards a €4.31 million project from January 2023 to June 2024. The final report says Treble built a hybrid wave and geometrical simulation engine with machine learning features, launched its Acoustic Simulation Suite in March 2023 and its Software Development Kit in October 2023, and obtained SOC 2 Type 2 security certification. In September 2024 the EIC Fund joined an €11 million Series A, and in September 2026 it took part again in an $18 million extension led by Paladin Capital. Treble counts Amazon and Logitech as customers, TechCrunch reported.

€2.50MEIC grant, 58% of a €4.31M project
2Products launched during the project
$40M+Total raised, per TechCrunch
Not publicRevenue

Company file

Legal entity
Treble Technologies ehf, kt. 500919-0940, Reykjavik
Registered
August 2019
Co-founders
Finnur Pind, Jesper Pedersen
Investors
Paladin Capital, KOMPAS VC, Frumtak Ventures, EIC Fund, Omega, Saint-Gobain, L-Acoustics
Named customers
Amazon, Logitech
EIC project
Treble, 1 Jan 2023 to 30 Jun 2024, closed
EIC funding
Blended finance: grant plus EIC Fund equity

Where Treble Stands Now

Treble now pitches itself to voice AI. It sells synthetic audio data for training speech enhancement and noise suppression models, tests how voice models perform in different acoustic conditions, and simulates headphones, speakers and smart glasses. Earlier in 2026 it launched a speech recognition benchmark with Hugging Face. Paladin's investor told TechCrunch that the platform's importance will grow as more physical devices use voice. Treble's accounts are filed in Iceland, but its key figures are behind a paywall on the Icelandic register service Keldan.

"Audio AI is really a data challenge, and this is where the most opportunities to enable next-generation models and hardware lie."

Finnur Pind, co-founder, Treble, to TechCrunch, September 2026

The Technology: Solving the Wave Equation

The final report describes a hybrid engine that combines wave-based and geometrical acoustics methods to simulate accurately across a wide range of frequencies, running in the cloud. It also simulates head-related transfer functions, which describe how a listener's head and ears shape sound, for spatial audio. The company's speed claim fell from "100-1000x" in the project summary to "100x" in the final report and its Series A release.

What the EIC Project Promised, and What CORDIS Shows

The project promised continued development of the simulation engine and a cloud platform for simulation and rendering. Both products launched, security certification was achieved, patent applications were filed and 13 public webinars were held. The report gives no customer or revenue numbers. CORDIS lists the project as closed.

  1. Simulation engineDeliveredHybrid wave engine.
  2. Product launchesDeliveredSuite and SDK, 2023.
  3. Follow-on investmentDelivered€11M, then $18M.
  4. Commercial scaleUnverifiedRevenue not public.

The Money

The 2024 Series A was led by KOMPAS VC, a venture firm focused on the built environment, with Frumtak Ventures, the EIC Fund, Omega and the strategic investors Saint-Gobain and L-Acoustics. The 2026 extension was led by Paladin Capital Group with the same existing investors. How much the EIC Fund put in each time has not been disclosed.

What Cannot Be Checked

Questions for the EIC

How much the EIC Fund invested in each round, Treble's revenue and how many paying customers it has are not public.

Why Europe Should Care

Treble is a European supplier of simulation software to large American technology companies, in a field the EIC funded early. The EIC Fund stayed in through two rounds, and Paladin Capital Group led the latest.

What the project promised

A cloud platform for fast, accurate sound simulation and rendering across industries.

What the record shows

Two products launched, two follow-on rounds with the EIC Fund and customers including Amazon and Logitech.

The Verdict

Delivered and funded, figures hidden

Treble built what it promised the EIC and has attracted repeat investment and big-name customers. Without published revenue, how far it has scaled cannot be measured.

Treble Technologies and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.