TechNexus Venture Collaborative and Shure Incorporated Launch the "Future of Media Lab"

CHICAGO, Oct. 18, 2017 /PRNewswire/ -- Today, TechNexus Venture Collaborative and audio industry leader Shure Incorporated announced that they are collaborating to partner with ventures that are building the future of technology in audio.

TechNexus, which finds, funds, and grows technology ventures as a force multiplier for entrepreneurs and enterprises, will help Shure identify and develop ventures that are driving innovation in conferencing and collaboration, audio enhancement, media creation and production, smart devices, and data analytics.

"We have a rich history in wired and wireless microphones and conferencing technology. While we continue to focus in these areas, we also know that mobile connectivity and the internet of everything are on the horizon," said Brian Woodland, Senior Director of Global Business Development at Shure. "Partnering with TechNexus and emerging technology ventures supports our ability to look ahead for what's to come in our industry."

Ventures involved in the Future of Media Lab have direct access to collaborate with Shure and receive venture development support from TechNexus and its catalyst network, a community of founders, investors, academics, subject matter experts, and executives.

TechNexus typically makes seed-stage and Series A investments and plays a hands-on role in accelerating venture growth with internal pilots, channel partnerships, market support, and co-development opportunities with Shure.

"For decades, Shure has remained the undisputed industry leader in audio and communications. Through venture-enabled innovation they'll continue to guide emerging technology," said Terry Howerton, CEO of TechNexus. "Meaningful collaboration with startups enables our enterprise partners to incubate new technologies and develop new markets."

Additional information on the Future of Media Lab, as well as startup applications, can be found here.

About TechNexus

Uniquely aligning relationships in the innovation ecosystem, TechNexus finds, funds and grows technology ventures as a force multiplier for entrepreneurs and enterprises. Through accelerating commercial activity for startups and engaging enterprises earlier in the development process, TechNexus catalyzes growth. It has done so for dozens of corporate partners and more than 500 startups. Equal parts entrepreneur, strategist, and investor, TechNexus Venture Collaborative rethinks growth. For more information, visit technexus.com, follow @TechNexus on Twitter or find us on LinkedIn.

About Shure, Inc.

Founded in 1925, Shure Incorporated (www.shure.com) is widely acknowledged as the world's leading manufacturer of microphones and audio electronics. Over the years, the company has designed and produced many high-quality professional and consumer audio products that have become legendary for performance, reliability, and value.  Shure's diverse product line includes world-class wired microphones, wireless microphone systems, in-ear personal monitoring systems, conferencing and discussion systems, networked audio systems, award-winning earphones and headphones, and top-rated phonograph cartridges. Today, Shure products are the first choice whenever audio performance is a top priority.

Shure Incorporated is headquartered in Niles, Illinois, in the United States with more than 30 additional manufacturing facilities and regional sales offices throughout the Americas, EMEA, and Asia.

SOURCE TechNexus Venture Collaborative