Stake Purchase • Electronics

Scilex Invests In Datavault AI

On September 25, 2025, Scilex invested in electronics company Datavault AI

Investment Context
  • This is Scilex’s 1st transaction in the Electronics sector.
  • This is Scilex’s 1st transaction in the United States.
  • This is Scilex’s 1st transaction in Oregon.

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Investment Summary

Date September 25, 2025
Target Datavault AI
Sector Electronics
Investor(s) Scilex
Deal Type Stake Purchase

Target Company

Datavault AI

Beaverton, Oregon, United States
Datavault AI is a developer of spatial, wireless sound technology for smart devices and next-generation home entertainment systems. The company’s cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions. Its Acoustic Science Division features WiSA, ADIO, and Sumerian patented technologies and industry-first foundational spatial and multichannel wireless HD sound transmission technologies with IP covering audio timing, synchronization, and multi-channel interference cancellation. Datavault AI was founded in 2010 and is based in Beaverton, Oregon.
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Investor Overview 1

Investor

Scilex

Palo Alto, California, United States

Category Company
Sector Business Services
Revenue 57M USD (2024)
DESCRIPTION

Scilex is a revenue-generating company focused on acquiring, developing, and commercializing non-opioid pain management products for the treatment of acute and chronic pain and neurodegenerative and cardiometabolic disease. The company targets indications with unmet needs and large market opportunities with non-opioid therapies for the treatment of patients with acute and chronic pain and is dedicated to advancing and improving patient outcomes. Its commercial products include: (i) ZTlido (lidocaine topical system) 1.8%, a prescription lidocaine topical product approved by the U.S. Food and Drug Administration (the “FDA”) for the relief of neuropathic pain associated with postherpetic neuralgia, which is a form of post-shingles nerve pain; (ii) ELYXYB, a potential first-line treatment and the only FDA-approved, ready-to-use oral solution for the acute treatment of migraine, with or without aura, in adults; and (iii) Gloperba, the first and only liquid oral version of the anti-gout medicine colchicine indicated for the prophylaxis of painful gout flares in adults. Scilex is based in Palo Alto, California.


Deal Context for Investor #
Overall 1 of 1
Sector: Electronics 1 of 1
Type: Stake Purchase 1 of 1
State: Oregon 1 of 1
Country: United States 1 of 1
Year: 2025 1 of 1