Facebook buys Company from former RSE Enterprise Fellow

The company of a former Scottish Enterprise-supported RSE Enterprise Fellow has been bought by social media giant Facebook.

Abesh Thakur is the CEO of Two Big Ears, a company which designs immersive and interactive virtual reality (VR) audio applications. He described how the new partnership will allow the software to be made freely available to video developers; enabling Two Big Ears to continue to power immersive audio experiences and scale up its technology at a faster rate.

Thakur, who completed his Enterprise Fellowship last year, commented: “Our mission is to make VR audio succeed across all devices and platforms and continue to help creators make the best experiences for billions of people across the world.”

Speaking about the fellowship, he said, The Enterprise Fellowship scheme was super helpful, as it allowed me to focus on the commercial aspects of the business proposition and investigate key metrics in a highly dynamic and fast evolving market.”

Two Big Ears was founded in 2013 by University of Edinburgh graduates Abesh Thakur and co-founder, Varun Nair. The pair acknowledged the support they received from the enterprise support ecosystem in Scotland; highlighting initiatives such as LAUNCH.ed, Informatics Ventures, Scottish Enterprise’s SMART award and the RSE’s Enterprise Fellowship programme.

A Facebook spokesperson said, “Two Big Ears has revolutionised how humans hear sound with software. We’re excited to welcome them to the Facebook team and give even more people access to their incredible work through our platform.”

In the short time between starting out and joining with Facebook, Two Big Ears has built up an impressive catalogue of work, having collaborated with musicians – Björk on the 360º virtual reality video for Stonemilker and with Massive Attack on their iOS app, Fantom – gaming companies and filmmakers. This recent development sees the company go from strength to strength and the RSE looks forward to following their future progress.

Find out more about the RSE’s Enterprise Fellowship programme.