Anyma Omega Developer Aodyo Instruments Officially Bankrupt: Announcement
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Aodyo Instruments bankrupt. · Source: Aodyo Instruments
Anyma Omega Desktop · Source: Aodyo
Anyma Omega Keyboard · Source: Aodyo
[24 October 2024] Anyma Omega developer Aodyo Instruments has made it official: the company is sadly now insolvent.
Anyma Omega Developer Aodyo Instruments Officially Bankrupt
The Aodyo Instruments story seems to have come to an end. After a Loom backer posted about French government documents they had obtained which pointed towards the manufacturer having gone bankrupt (see original article below), Aodyo Instruments has made an official announcement on its Kickstarter page:
“The company will cease its operations on November 1st, and … a court-appointed liquidator is overseeing the process of closing the company and managing its remaining assets to repay creditors.”
The announcement is full and detailed and if you’re a backer or simply interested you can read it on the Kickstarter site, but the gist of it is that Aodyo simply ran out of money and was not able to secure the necessary financial backing.
“As we detailed in our previous communication, most of the campaign funds were spent on product development,” the manufacturer wrote. “Today, the company has no cash flow and is under the liquidator’s control. Unfortunately, it is unlikely that contributors will recover their investment.”
There is still a possibility that a buyer may purchase the rights to the company and its products however.
The company will continue to operate until November 1, at which time the doors will close. All backers should receive a free license to the company’s software instrument, Anyma V. The main website will stay active for one year so holders of the license have time to activate it.
As of now, Aodyo Instruments products are still available on Thomann*.
Anyma Omega Developer Aodyo Instruments Likely Now Bankrupt: Update
[22 October 2024] Documents obtained from the French court reveal Anyma Omega developer Aodyo Instruments is insolvent as of this month.
Anyma Omega Developer Aodyo Instruments Bankrupt
Back in September, we reported that Anyma Omega developer Aodyo Instruments had revealed it was facing bankruptcy if it could not secure more funds (see original article below). This was posted on its Kickstarter pages for Anyma Omega and Loom.
As Aodyo had failed to make any more announcements, one Loom backer, Frank Willems, decided to take matters into his own hands and see if he could figure out what was going on.
“Due to the continuing deafening silence, I thought to have a closer look and see if I could find any proceedings going on with Aodyo at the moment,” he said in a post on the Loom page.
Based on official documents that he obtained from the French court after paying €10, it turns out that Aodyo Instruments was liquidated on 15 October, 2024.
CURRENT STATUS OF THE PROCEDURE
Conversion of the safeguard procedure into judicial liquidation pronounced on 15/10/2024.
Date of cessation of payments: 15/10/2024.
Safeguard procedure pronounced on 24/06/2024 published in the BODACC on 03/07/2024.
BODACC refers to the Bulletin Officiel des Annonces Civiles et Commerciales (Official Bulletin of Civil and Commercial Announcements).
An additional post from Frank offers some clarity: “Looking at the timeline, the insolvency proceedings started in June. To my knowledge, from that moment on the insolvency practitioner takes over the responsibilities of the business. … I don’t think the people at Aodyo were even allowed to communicate to anyone on behalf of the company.”
Kickstarter backers are not entitled to their money back in these kinds of situations, it seems. This is unfortunate.
Have you been affected by this? Let us know in the comments.
Anyma Omega Developer Aodyo Instruments on Brink of Bankruptcy: “Refunds Impossible”
[27 September 2024] Aodyo Instruments has updated its Kickstarter: looks like the future is uncertain for the Anyma Omega. Did you buy one?
Anyma Omega Developer Aodyo Instruments on Brink of Bankruptcy
Aodyo Instruments, the developer behind the exciting-sounding physical modeling synth Anyma Omega, has posted to the instrument’s Kickstarter page with some bad news.
“Over the past months, we’ve encountered significant difficulties with both the Loom and Omega projects, which have severely impacted our financial situation,” the company wrote. “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 this means is that the future of the Anyma Omega synth and Loom controller is very much up in the air, with bankruptcy now a very real possibility if the company cannot secure investments.
“Given that the funds have been used entirely to advance (the Loom and Omega) projects,” it stated, “we regret to inform you that a refund of your contributions is unfortunately impossible at this stage.”
Check the Kickstarter page (link below) for more information.
The revenue from sales of existing Aodyo Instruments helps keep the company going. Sylphyo and Anyma Phi are currently available at Thomann*.
Did you back this campaign? What do you think about this situation? Let us know in the comments.
- Aodyo Instruments Anyma Omega Kickstarter page
Anyma Omega: Polyphonic physical modelling hybrid synthesizer
[14 November 2022] Aodyo takes hardware-based physical modelling synthesis to the next level with 16-voice polyphony in Anyma Omega.
Physical Modelling
Physical modelling is a bit thin on the ground when it comes to hardware. I’m thinking of the 2-voice Yamaha VL1, the monophonic Korg Prophecy and the Z1 12-voice version. I do recall The Technics WSA1 was something mad like 64-voice, but it was largely incomprehensible. But all of these synths are ancient.
Physical modelling tends to be complex, which is why we often find it as a monophonic algorithm knocking around in Eurorack modules or hybrid synths that don’t give you more than a parameter or two to play with. It’s the sort of synthesis that lends itself to software, and that’s where it tends to reside.
Until a couple of years ago when Aodyo unleashed the Anyma Phi onto Kickstarter. It was a monophonic physical modelling synth that aimed to make the manipulation of those models the centrepiece of the synthesis engine. It achieved nearly twice the original goal and delivered a decent physical modelling experience. But, you know, the box wasn’t very pretty, the matrix-style editor wasn’t for everyone, and while it sounded great, it was still monophonic.
Anyma Omega
So here we are, with a new synthesizer and a new Kickstarter campaign (that’s already fully funded) to bring the evolution of the Anyma Phi to life. Anyma Omega is based on the same engine but pulls it into 16 voices of polyphony and 4 part multitimbrality. The knob count has been raised to give you all sorts of access to parameters without having to page about the place. Although it still works with a screen to help you through the complexity and the semi-modular makeup of the architecture.
Each voice has 3 oscillators which can run your choice of physical models, virtual analogue waveforms, wavetables, noise or external inputs. These can have their noodles messed about by up to 16 modulators and run through up to 5 effects.
Expression is also a big thing with this sort of synthesis. The Anyma Omega has a ribbon controller and touchpad (keyboard only) with sensitive wooden surfaces to give excitement to resonators and help you feel your way into the instrument. There’s a “Polymorph” function that gives depth and density to the sound through detuning, panning and oscillator spread.
Kickstarting
The synth is available in a desktop or keyboard version, and they are both already flying. If you’re quick, you can snatch up a desktop version for £632 and a keyboard for £868.
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19 responses to “Anyma Omega Developer Aodyo Instruments Officially Bankrupt: Announcement”
Braids in a box.
It should be more clear that Kickstarter is like lottery or more seen as donation. No guarantee at all.
Other Project where i lost money: “Archimedes: A Bipolar CV Modulator & Limiter Eurorack Module“ from Scott Worley. He just disappeared with the collected money.. 🙁
I backed the Anyma Phi kickstarter because the synth seemed quite innovative. How many other standalone physical modelling synths are there right now? As it turns out there are options, at least in eurorack land, thanks to the work of Emilie Gillet – the same code upon whick the Anyma Phi was based. I was fortunate that that project was completed, but really didn’t like the inadequate interface, which meant that deep programming required the use of a computer. The Phi was also under powered and glitched.
Cannabilising their own sales, the Anyma V is a viable alternative to the underpowered Anyma Phi.
Once the editor software is no longer supported the hardware will be of very little value and it’s difficult to see how it could carve out a place in the market.
It’s a shame, because Aodyo were attempting to innovate and investors have lost money on the Loom and Omega.
Investing in these kickstarters is pretty risky – there is a risk that you won’t receive a return, that the finished product isn’t what you hoped, or the apparent discount isn’t a great saving as the final product will eventually be discounted on the open market.
It’s a strange form of investing, often misunderstood as pre-ordering, but largely a leap of faith driven by good will, optimism bias, faith and the dopamine hit of a potential bargain.
Another problem I see with crowdfunding is that *if* the idea is a good one and do-able, one of the big manufacturers will be able to swoop in a make something very similar. It’s like free market research for them really. I’ve seen this happen, I almost backed a certain MIDI sequencer device and we’ve had two generations of the Circuit in the time that Kickstarter has delivered nothing.
French company?
Muahhaaaa… would never trust the organization of a project like this after having spent two decades of my life working in France..
Arturia and Modartt seem to be doing ok.
Yes, and Expressive E are also French and still managed to ultimately deliver the Osmose despite years of unexpected delays due to pandemic and other factors.
Seems like you were in the wrong circles… 😂🤣
Or I have a way larger perspective on this… 😉
I invested in the Phi and the Omega but not the Loom. At the time of the Omega because Aodyo already had some products weighing up the funding it seemed a lower risk than some other kickstarters. I don’t blame them…I think it’s a combination of factors, component shortages, promising too much. I think the Loom was a distraction, could have worked if it was ready to go at Kickerstater, looking back it seems it was developed so the company could have another product to sell. What I will say is when Kickstarter’s fail like this it makes it harder for unknown or small companies to Kickstart their product because people are less likely to want to risk their cash.
Yeah, 475k € of crowd funding money right down the drain, I guess it was a great party though!
Behringer/MusicTribe to the rescue. Aodyo gets saved, gets access to components and engineers aand te people get what they want.
I prob lost the biggest. I got the desktop and the keys version plus the bigger loom.
I backed the Loom project, but being well aware that it is not guaranteed to end successfully. I mostly miffed that I won’t get a Loom as it looked to be the exact controller I have been searching for for years, especially given they were going to allow coders access to the raw sensor data to create our own interpreter software – which is something I would definitely have have explored. I guess the only hope now is that some other company might buy up the IP and the designs release their own version of this product.
Wow, I wonder why someone disliked my comment? How odd!
They gathered €218,498 while their pledged goal was €80,000 goal and still going bankrupt?
Horrible narration on the kickstarters page btw. I think it’s called ‘Frenglish’.
KS goals are very rarely what projects actually need. It’s not uncommon for projects to actually need 5-10x the goal to break even.
Why ? Because if the goal is too high people won’t pledge AND very importantly, KS is first and foremost a marketing tool (not a funding one). Being able to put “300% funded !” everywhere is very effective (and they ALL do that)
In total they collected almost 500k € with their kickstarters and indiegogo projects…
It sounds like the Loom was ready to go into production but part shortages just meant they ran out of money before production could start. It’s a shame because it was close. The Omega looked still some time away. It’s possible a company could pick up the Loom technology and manufacture it. Would be strange buying one without the other which would mean if a company purchased the Omega firmware/design they would need to license the Loom part in the Omega. Seems very unlikely the Omega will ever see the light of day. Whatever any company that may buy the assets has no reason to offer backers anything.
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