Investment Deck 2026

The world's first headphones designed for both audiophiles and gamers.

Bridging the gap between premium sound and zero-latency gaming.

Confidential · January 2026
01
BAUD

The Problem

Today's consumers are forced to choose between two compromises:

Audiophile Headphones

  • Superior sound quality
  • Premium materials & design
  • No gaming optimization
  • No active noise cancellation
  • No microphone

Gaming Headsets

  • Low latency performance
  • Built-in microphone
  • Poor sound quality
  • "Gamer" aesthetic only
  • Rarely includes ANC

No product serves the growing segment who want both.

02
BAUD

The Solution: Player One

The world's first headphone with true triple connectivity:

  • USB-C Lossless — Zero latency gaming
  • Bluetooth 5.2 — Wireless freedom
  • 3.5mm Analog — Universal compatibility
  • 40h Battery — All-day use
  • Advanced ANC — 4-microphone system
  • Works without power — Via 3.5mm cable
2,499 SEK ~$240 USD

72% gross margin · 700 SEK production cost

Baud Player One
03
BAUD
2026 Update

Player One is now Intelligent

Same premium hardware. Now with on-device AI that adapts to you.

🎯
Soundspace Calibration
Auto-tunes to your room and ear-fit in 20 seconds
🧠
Content-Aware Audio
AI detects music/voice/gaming and optimizes in real-time
🌍
Quick Translate
Real-time speech translation, 40+ languages, 1-2s latency

Not an app feature. The headphone does this.

04
BAUD
Connectivity

Superior Connectivity

Seamlessly switch between music, gaming, and work.

  • PC Gaming: USB-C for lossless, zero-latency audio
  • Console: 3.5mm for PS5, Xbox, Switch
  • Mobile: Bluetooth 5.2 with multipoint
  • Travel: ANC + 40h battery
05
BAUD

Market Opportunity

$103B
Global Headphone Market 2033
$4.8B
Gaming Headset Market 2033
$4.2B
Audiophile Gaming Segment 2031

Fastest Growing Segments

Premium ($300+) 12% CAGR
Professional Esports 16.2% CAGR
ANC Headphones 12.4% CAGR

Market Gap

No dominant player in the audiophile + gaming hybrid segment. Audeze Maxwell has best sound but no ANC. Sony XM5 has best ANC but high latency.

Baud Player One is uniquely positioned.

06
BAUD

China: The Big Play

668M
Gamers in China
#1
Global Esports Market
42%
of APAC HiFi Market

Strategic Partnership with Ruyi Group

Joint Venture structure where Baud owns 40%. Ruyi brings capital, marketing, and distribution. Baud contributes brand, product, and technology.

50
Wanda Cinemas
with demo zones
5,000
Authorized
3C retailers
100
University campuses
esports festival
07
BAUD

Ruyi's Go-to-Market Strategy

IP Partnerships

Category Partners
Cinema Warner Bros, Universal, IMAX
Gaming EA, Ubisoft, VALORANT
Esports LPL Teams, KPL, VCT China

Channels

  • JD.com & Tmall flagship stores
  • 7×18h livestream on Douyin
  • Bilibili Top-10 streamers
  • WeChat Video commerce

Year 1 Targets

280
MSEK Revenue Target

(RMB 200 million)

Brand Goals

  • Top-3 gaming headphone brand in China
  • 60% Gen-Z awareness
  • 40% of sales from IP editions
08
Daniel Wu Edition

Daniel Wu Collaboration

Hong Kong-American actor with 60+ films including Warcraft, Tomb Raider, and Into the Badlands.

09
BAUD

Strategic Partnerships

E1 Series

Official headphone partner
3-year agreement

418M+

Combined follower reach via celebrity team owners

Daniel Wu

Actor & Producer
Limited Edition collaboration

60+

Films · Asia market credibility · Sold out edition

Ruyi Group

China Distribution
Joint Venture (40% stake)

2.26M

SEK initial order · JV to follow

The Sandbox

Metaverse Platform
Web3 positioning

484

Brand partners · Future activation potential

E1 Series Celebrity Team Owners

Tom Brady · LeBron James · Will Smith · Virat Kohli · Marc Anthony · Steve Aoki · Rafael Nadal · Sergio Perez · Didier Drogba

10
BAUD

Business Model

Unit Economics

Production Cost 700 SEK
D2C Price 2,499 SEK
Gross Margin 72%
Daniel Wu Edition 4,999 SEK

Revenue Streams

  • D2C via baud.audio
  • B2B partnerships (E1, etc.)
  • China JV (40% ownership)
  • Limited editions & accessories

China JV Structure

40%
Baud + Daniel Wu
60%
Ruyi Group

Ruyi invests capital & handles China operations.
Baud provides brand, product & technology.

Current Inventory

5,000 units ready at factory
500 units in Sweden warehouse

11
BAUD
Competitive Edge

AI-Native Organization

Less than 1% of consumer brands are preparing for the AI shift.
We're already there.

40
Posts/Day
AI Content Factory
3
AI Avatars
24/7 Engagement
$50
/Month
Total AI Cost

Traditional equivalent: 5-7 FTEs = 300,000+ SEK/month
We save 99%+ on operations

"While others are discussing AI strategy, we're executing it.
This is not a roadmap item. It's operational."

12
BAUD

Exit Strategy

Build Baud into a leading gaming audio brand in China,
positioning for strategic acquisition.

2026
China Launch

JV with Ruyi
Build volume & brand

2026-27
Scale

IP partnerships
Esports dominance

Exit
Strategic Sale

Target: Tencent
or strategic buyer

Why Tencent?

Tencent owns Riot Games (VALORANT, League of Legends) and has stakes in Epic Games, Ubisoft, Activision Blizzard. If Baud becomes the official headphone of VALORANT China and other Tencent properties, a strategic acquisition becomes highly logical.

13
BAUD

The Ask

Investment Round

5 MSEK
Pre-money valuation: 50 MSEK

Use of Funds

Factory 40%
China Launch 60%
Factory payment (unlock 5,000 units) 2 MSEK
China launch & operations 3 MSEK

Note: Additional ~2.3 MSEK from Ruyi order also allocated to factory payment.

Key Milestones

  • Sign Zuhaus/Ruyi distribution agreement
  • Deliver first 500 units to China
  • Finalize JV structure (40% ownership)
  • Launch in 50 Wanda Cinemas
  • Activate IP partnerships (VALORANT, etc.)
  • Scale to 280 MSEK China revenue
14
BAUD

Why Now?

5 MSEK unlocks access to a 280 MSEK revenue opportunity.

15
BAUD

Appendix: Competitive Landscape

Product Price ANC USB-C Lossless 3.5mm Position
Baud Player One $240 Hybrid leader
Audeze Maxwell $269 Audiophile gaming
Sony WH-1000XM5 $350 Consumer ANC
SteelSeries Arctis Nova Pro $350 Gaming premium
Razer BlackShark V3 $100 Gaming budget

Baud Player One is the only product with all three:
ANC + USB-C Lossless + 3.5mm Analog

A1

Built for Gaming

Zero-latency USB-C audio
Designed for victory

A2
Portal