British audio and computing hardware startup Kano is planning to raise equity funding from its users and fans, as the company tries to chart a path forward after cutting business ties with Kanye West.
The firm will launch a crowdfunding campaign . Kano’s CEO said Ordinary users will be able to own a slice of Kano alongside its institutional backers, which include Microsoft.
It’s seeking to raise $900,000 from individual investors in the U.K. and Europe. The company also plans to expand the crowdfund to the U.S.
Kano, which sells hardware targeted at musicians and creatives, has undergone a few dramatic twists over the years and the recent being it’s split from business Mogul Kanye West over his Anti-semantic comments.