VCV released Spectra, a 16-band spectral designer with two filter bank models for VCV Rack.

Spectra combines many filter bank and spectral processor concepts into a single module, but it follows one simple principle. Signals are split into multiple frequency bands, an amplitude adjustment is made to each band, and the bands are recombined into a single signal.

More info here: https://vcvrack.com/Spectra.html