réactions à la news Aodyo lance le Kickstarter de Loom et Looom

Ils ont juste pété plus haut que leur cul, il y avait chez eux tant de talent que c'en est consternant.
Les créateurs ne sont pas tous gestionnaires, on le sait bien.

Current Situation

Over the past months, we’ve encountered significant difficulties with both the Loom and Omega projects, which have severely impacted our financial situation.

Loom: The production costs and delays we encountered have turned out to be much higher than we initially anticipated. Due to extended lead times for the electronic components from our manufacturer, we have been unable to launch production.
Omega: The system's complexity has far exceeded what we originally planned. The powerful nature of this synthesizer required multithreading due to the characteristics of the processors available on the market. We also faced setbacks from architectural changes necessitated by component shortages. These combined factors have led to much longer delays than expected.

We had hoped to raise additional funds by leveraging the campaign’s momentum, but unfortunately, this effort has not been successful. As a result, we are now in a difficult financial position and have been unable to secure the working capital necessary to move forward.

What We’ve Been Doing

Over the last few months, we have focused our efforts on finding potential investors or buyers to help us unlock the situation. Unfortunately, we have not been successful so far. That said, we are still in discussions with a couple of potential partners, and we hope this message might spark new opportunities.

In the meantime, we’ve been continuing our operations by selling off our existing stock of Sylphyo and Anyma Phi, which is why we launched the summer promotions. These products have been in the market for some time, and the revenue from selling our stock has allowed us to keep going for a little longer.

Additionally, the work on the Anyma V allowed us to make progress on the polyphonic synthesis part of the Omega project and MPE support. It has also brought in some additional revenue to keep on working. And it allowed us to deliver an intermediate milestone to you as well.

Use of Crowdfunding Funds

We understand that many of you are wondering how the funds from the Loom and Omega campaigns were used. Here is a brief overview:

Loom Campaign:
Platform, currency and bank transfer fees (9%).
Marketing performance-based fees (13%).
Purchase of components to secure stock (14%).
Industrial design of the circuit boards (22%).
Industrial design of the mechanical parts (4%).
Final prototyping (14%).
Development of the embedded firmware (25%).
Omega Campaign:
Platform, currency and bank transfer fees (10%).
Marketing performance-based fees (11%).
Purchase of components to secure stock (9%).
Changes to the circuit boards due to component shortages (display, touch and DSP processors) (10%).
Industrial design of the new circuit boards (37%).
Industrial design of the mechanical parts (8%).
Development of the embedded firmware (22%).

Given that the funds have been used entirely to advance these projects, we regret to inform you that a refund of your contributions is unfortunately impossible at this stage.

What’s Next

Our sales of remaining stock should allow us to continue our operations. During this time, we will continue doing everything we can to secure an investor and unblock the situation. If we can manage to start the first batch of Loom, this would allow us to deliver to stores right after fulfilling your pledges, stabilizing our situation and enabling us to finish the Omega development.

However, if we do not succeed in securing new investments or partnerships in the coming weeks, we will be left with no other choice but to file for bankruptcy.

In closing

We know this is not the message you were hoping for, and we share your frustration. We want to express our deepest gratitude for your support and belief in our vision, and we remain hopeful that a solution can be found.

Thank you again for your understanding and support during this difficult time.

Sincerely,
The Aodyo Team

Aodyo Inodesign

Yesterday afternoon (EU time), Laurent Pouillard, the former CEO of AODYO SAS, posted on Kickstarter about the current state of affairs.

Just some news about what happened after the liquidation of AODYO Instruments at the end of October 2024.
I wouldn’t get back here to the reason why I fail to deliver the perks to our contributors and keep my company up and running.

According to Laurent Pouillard, the lengthy communication stop is not the company’s fault but a court decision, not allowing them to disclose any information from these proceedings:

During the Safeguard period from June to October 2024, I did all I could to find new investors or sell the company to avoid the bankruptcy and wasn’t allowed by the court to disclose any detail about this process.

My main goal during the months following the company liquidation was to help the court-appointed liquidator in the process of selling the assets of AODYO with the idea in mind that it would still be possible to transmit the results of the work achieved during the 10 years of AODYO existence to avoid all this to be just lost.

After lengthy negotiations, a buyer has been found for the company. Mickael Coronado of the French INDODESIGN investor group has purchased the remaining AODYO assets. A new AODYO SARL has already been founded.

Aodyo Inodesign
INDODESIGN GROUP

Dear backers,

This process took significant time but finally lead this summer to the sale of AODYO assets to Mickael Coronado investment company. The last months were dedicated to the transmission of AODYO SAS assets to the new AODYO SARL company he founded.

Mickael and his company, INODESIGN were a long-term partner of AODYO Instruments. INODESIGN was the engineering office who designed all the electronic boards built-in our instruments.
Through the last decade INODESIGN also grew up to become a significant electronic subassembly manufacturer.

Now the future of AODYO Instruments is in his hands, and I trust him to make great things out of it.
I will provide Mickael the access to the Aodyo Kickstarter page, so that he can provide news to all of you.

This scenario seems a bit familiar. It strongly reminds me of when the Chinese company ALLTRONICS bought Modal Electronics. It’s the company that manufactures the synths. In this case, it’s the PCB designer for their hardware products.

The last two sentences of the shared information give me some hope that the development will continue and that the Kickstarter supporters will receive something in the future.

mais si ils pouvaient reprendre et terminer le loom