After several years of building audio enhancement technology, HANCE is closing its doors.
This is not the outcome we set out for, and not one we wanted. But it is the reality we now face.
HANCE was founded with a clear mission: to push the boundaries of audio enhancement.
We proved that it worked. Our technology was trusted in mission-critical environments. It performed in demanding professional settings. We built partnerships with some of the biggest names in the tech industry.
But building exceptional technology is not enough.
The strategic direction we pursued over the past years required more time than we had. Licensing to hardware manufacturers is a long game. Even with a strong pipeline, great partnerships and genuine interest, it takes years before meaningful revenue comes in. We were not able to secure the funding or short-term revenue needed to see that strategy through. While we made great effort over the last few months adapting to this reality, our runway ran out.
To our customers, partners, and everyone who believed in what we were building: Thank you! Your trust meant everything.
We are in touch with our customers and doing what we can to assist through this transition.
For any inquiries, please contact Kristoffer Merker at kristoffer@hance.ai or +47 400 45 559.
Thank you for being part of this journey.
The HANCE Team