Tech tycoons pump $7m into mystery audio venture

Angel investors in new London-based project include Web Summit founder Paddy Cosgrave and iPod inventor Tony Fadell

Web Summit founder Paddy Cosgrave is among the angel investors putting $7 million into a new, as yet unnamed, hardware venture.

Liam Casey, the tech manufacturing tycoon, and Paddy Cosgrave, the founder of Web Summit, are among the angel investors putting $7 million into a new, as yet unnamed, hardware venture.

TechCrunch reported last week that Carl Pei, a Swedish tech entrepreneur, has raised $7 million from investors including Tony Fadell, the inventor of the iPod; Steve Huffman, the boss of Reddit; Kevin Lin, the co-founder of Twitch; Casey Neistat, the YouTube, along with Casey and ...