After splitting with Kanye West, British audio startup Kano asks for funding
KEY POINTS Kano, which sells hardware targeted at musicians and creatives, is launching a new equity investment round that’s open to the public after cutting ties with controversial rapper Kanye West. West, whose legal name is Ye, collaborated with Kano on the startup’s Stem Player audio device and at one point had offered to acquire the company for $80 million, CEO Alex Klein told CNBC. After a dispute over terms, and a series of antisemitic outbursts from Ye, Kano walked away from the deal and in January ended its commercial agreement with Ye for good. Klein is hoping to look past the ordeal, and is planning to use the funding to invest in the development of a new product, the Stem Headphones. Kanye West arrives at the Vanity Fair Oscar Party on Feb. 9, 2020, in Beverly Hills, Calif. Evan Agostini | Invision | AP 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 b