HomesToLife announces $1M investment in Zeica Labs

HomesToLife (HTLM) announced a $1M investment for a 10% fully diluted stake in Zeica Labs. The Investment will be made through HTL Marketing, a wholly owned subsidiary of HomesToLife. Zeica Labs is a newly formed Singapore technology company that owns the spatial-audio intellectual property and engineering capabilities behind Super X-Fi, a patented audio technology that delivers immersive, personalised sound experiences. Under the collaboration, HomesToLife plans to have Zeica Labs serve as its innovation and technology development partner, working closely with HomesToLife to integrate patented spatial-audio technology into selected upcoming furniture collections. HomesToLife intends to have this support HomesToLife’s broader strategy to develop differentiated, next-generation smart home products.