MOD Devices
Opportunity to Invest in MOD Devices
MOD Devices Launches Crowdcube Campaign
MOD Devices, the audio-tech innovator based in Berlin, has announced the kick-off of a new fundraising campaign. Following the recent launch of the Duo X stand-alone audio processor to global retail and the successful Kickstarter campaign of the MOD Dwarf, MOD Devices now looks to grow its investment capital and spread the reach of its forward-thinking tools for musicians.
On September 24th the campaign goes live on Crowdcube, allowing investors from all over Europe to acquire shares from the company. MOD Devices is on a mission to create a world where everyone has universal access to quality music-making tools. MOD is revolutionizing the global music equipment market by developing smart audio devices that replace fragile computers and cumbersome effects setups that musicians use to record and perform.
Crowdcube Risk warning
To help you understand the risks involved when investing in shares, mini-bonds, and funds on Crowdcube, please read the following risk summary. Please invest aware and diversify your investments.
Invest in MOD Devices
After having quadrupled its revenue from 2017 to 2019 – 2019 rev € 178K, EBITDA (-€449K), the company has managed to grow sales by 102% in the first half of 2020 over the same period of 2019. MOD now prepares to enter 2021 addressing a larger market segment with its entry-level product, funded in less than 24 hours on Kickstarter. (Source MOD Devices)
MOD Devices creates all-in-one electronics that improves the lives of forward-thinking musicians. Operating in the $17.5bn+ music-equip market and backed by investment fund Leansquare, Crowdcube funds will allow for the development of core-markets through PR, branding, and communications.
- Sold in more than 20 countries, now starting to scale up on core-markets
- Successful Kickstarter for an entry-level product funded in 24 hours
- Prolific development – Over 400 software applications released.
- Effects market on the rise – primary segment with CAGR of 10% since 2017
Successfully funded within twenty-four hours with a Kickstarter campaign, The MOD Dwarf joins the MOD Duo X flagship processor to the market. They offer all the flexibility of a computer, with the convenience and toughness of a standalone device in a compact, gig friendly footprint. To be released early 2021, the Dwarf’s entry-level price positions it as an extremely flexible must-have tool available without long term planning. Utilizing a powerful processor and extensive patching capabilities, it is suitable for professionals to use as their set up brains, yet affordable enough for beginners starting out on their musical path. MOD Devices’ tailor-made design and UX has captivated an audience eager for innovation and has been celebrated by major media and influencers alike.
MOD users have access to more than four hundred free and commercial plugins at the MOD Plugin Shop, created by independent and renowned developers, All the plugins can be combined with unmatched flexibility using a visual interface that allows the user to create digital versions of every sort of music equipment. All the creations can be saved, uploaded to the cloud, and used anytime without the necessity of a computer. Supported by a strong open-source community, the gallery is always growing according to its long-tail business model.
“Our products are developed to solve real musicians’ problems, not to beat demands coming from specific market categories. We create a box musicians can open to achieve their sonic ambitions, whatever they are – first with the MOD Duo and Duo X and now with the Dwarf, for a more hands-on approach for a great price. We are thrilled to share our world with the Crowdcube community.” Says Gianfranco Ceccolini, MOD Chief Executive Officer and Founder.
All figures and financial informations and guidelines are provided by MOD Devices
MOD Devices
MOD Devices Announce Major Update For All Device
MOD Devices Announce Major Update
A significant step forward for the MOD Devices platform, covering all products in the company portfolio, is announced with the release of version 1.10 of the MOD OS.
With the debut of their newest audio processor, the MOD Dwarf, the company releases an update that also enhances the usability of both the flagship Duo X as the touchstone MOD Duo, keeping all three devices (and the MOD footswitch) within the same user-friendly, open-source rooted orbit, while refreshing the legacy models with a cleaner look and more information presented.
With many improvements within the general user interface, the OS 1.10 update unlocks many exciting new features for the platform, notably, a file manager UI inside the now-familiar web interface. With soon-to-be-announced plugins and sampled instruments, users will be able to upload their own audio and MIDI files and IR files to and from the device. This opens up many new use cases for all MOD Devices: using it as a backing track player, MIDI player or impulse response loader – it will even be capable of running sampled instruments.
With the user customization key on the company’s agenda, the number of user control pages has doubled on the Duo X. While actuators have been unlocked to become momentary switches when activated. They can be set to either “momentary on” or “momentary off” opening up countless performance options for the device. Similarly, you can now set the buttons of the Duo X or the footswitches of the Duo and Footswitch controller to cycle through different colors with list-style parameters. On the Advanced settings for the assignment, you can set the LED color to be static or to cycle. In cycle mode, the LEDs will change the colors helping to identify the position in the list that has been currently selected offering a clear presentation of the user’s personal set-up. Additionally, you can assign toggle parameters – such as the effects on/off switch – to all knobs.
Duo Cosmetic Changes.
- new fonts
- cleaner look for assigned parameters
- pedalboard and snapshot names in the header of the displays
- foot navigation mode showing names of previous and next pedalboard (since the active pedalboard name is already shown in the header)
- blinking LED in foot navigation mode – you know the pedalboard is loaded when the led stops blinking
Overall the update marks the commitment to refining and bringing forward past devices into a more user-friendly expressive creative present.
The upgrade procedure is explained with relevant files in the MOD Wiki or available as an automatic update shortly.
HardWare
MOD DEVICES’ MOD Duo X Available Globally
MOD DEVICES MOD Duo X
Following a phenomenally successful Kickstarter campaign of the MOD Dwarf, funded in less than 24 hours, MOD Devices now releases the MOD Duo X audio processor to the global retail market. Its key development is the powerful Hexa-core 64 bit ARM CPU processor, a singular advantage in the audio processing landscape. The intuitively patchable standalone device sports solid user-friendly controls, including 8 new assignable potentiometer knobs, 4 freely-assignable push buttons, and 2 instant “snapshot” push buttons.
The Duo X also comes with Control Voltage input and output, as well as new software features such as MIDI Slave Sync and Stereo Link. Featuring instant recall capabilities, the one of a kind box is geared towards hands-on use such as studio work, electronic music production & performance, and even DJing.
The powerful Hexa-core CPU and our ever-growing plugin universe result in a system that enables musicians to obtain practically any desired sound all with a highly durable build and pleasurable design experience.” Says Gianfranco Ceccolini, MOD Chief Executive Officer and Founder.
The new features of the MOD Duo X include:
- Hexa-core 64 bit ARM CPU
- Commutable analog control inputs – 2 x Control Voltage / Expression Pedal
- Commutable outputs – 2 x Control Voltage / Headphone
- 2 freely-assignable rotary encoder
- 8 freely-assignable potentiometers
- 4 freely-assignable push-buttons
- Controller pagination system for multiple controlling scenarios
- 2 instant “snapshot” push-buttons for easy setting recall and alternation
- MIDI Sync (Ableton Link compatible) in master and slave mode
- Max compatible (any gen~ based Max tool will run on the Duo X)
Like the regular Duo stompbox, the MOD Duo X audio processor is made in Germany. It measures 180mm x 60mm x 160mm (W x H x D) and weighs 1.3 kg.
Pricing and Availability
Duo X is available globally, through international distribution and retail partners. These include Reverb, as well as the MOD Devices Webshop for the recommended price of 749.00 Euro or USD.
Stomp Box
MOD Dwarf a Smart, Compact And Powerful Pedal Brain
MOD Dwarf a Smart, Compact And Powerful Pedal Brain
IF you do fund this Kickstarter campaign the promise is to receive patching freedom, new plugins every month, and plenty of power to use as many simultaneous plugins as you wish. So far the campaign reached 125.000€ so MOD Devices will include four premium plugins from OverTone DSP as a default for all MOD Dwarf units in Kickstarter.
The MOD Dwarf will be made in Germany, carefully produced at the highest standards, and resistant enough to withstand thousands and thousands of gigs.
The MOD Plugin Shop offers more than 300 hundred plugins ready to download with one click.
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