Eartech Raises Tens of Mns of CNY in Pre-A+ Financing Round

Healthcare Author: Mingxia Ren Aug 31, 2022 10:01 AM (GMT+8)

Shenzhen Eartech company, specializing in developing, producing and selling its brand Eartech for intelligent hearing aids, will continue to develop more smart hearing aids to help more patients with hearing problems.

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Shenzhen Eartech company (Chinese: 深圳市智听科技有限公司) secured tens of millions of CNY in the pre-A+ financing round recently. The round was led by Dalton Venture (Chinese: 道彤投资) and Jinding Capital (Chinese: 金鼎资本).

 The funds will be used to develop new products and expand the company's sales channels.

 Before this round, Eartech had completed an angel financing round led by Leaguer (Chinese: 力合创投) and a pre-A financing round led by Xiaomi Strategic Investment (Chinese: 小米战投), Shunwei Capital (Chinese: 顺为资本) and Qingsong Fund (Chinese: 青松基金).

 Founded in 2017, Eartech is a high-tech company with the core ability of speech signal processing algorithms and core DSP chip development. The company's hearing aids have more than 40 invention patents, many of which are related to the core research and development of hearing aids.

 The company's competitors include Boin Hearing (Chinese: 博音听力), Sonitus Medical (Chinese: 声佗医疗) and Acosound Technology (Chinese: 爱听科技).