DAMSON GLOBAL LTD
Based in York, Damson Global was founded to develop audio technology and electronics tailored for the home market. Their first product was the result of a brainwave from founder and CEO, James, now sold as their signature Cisor portable, wireless speaker. From home cinema systems to headphones and the exciting Damson Lab, their products continue to pave the way in innovative product development. Now, following the success of their recent raise, they're returning for an equity raise to continue growth with a sales strategy in place.
Paving the way in audio innovation
Our growth plan in sum, this includes spreading brand awareness plus maximising strategic partnership which will amount to increased sales and allow for further technology innovation and development. At present, our sales consist of 48% in the UK, 39% in the USA, with the rest being made up in Europe and Australia. We've been growing 21% year on year, and aim to improve on this by working on both B2C and B2C sales. This involves a strategy for Amazon, selling directly and through Amazon Retailer for better rankings, and maximising the potential of our deal with Dolby, which opens up new opportunities with BT and Vodafone.
Therefore, the money raised will fund these plans. Continued research and development is always at the forefront of our priorities, for which we need capital expenditure. We will also accelerate our Yorkshire assembly plant to facilitate our export expansion.
Where will the funds go?
Got a question for the business?If you need more information from the business then you can ask them a question directly.
Please note that the business owner won't be able to answer your questions until the campaign goes live.
Back to the top
"Paving the way in audio innovation"