
Eartech
A smart audiometry aid fitting developer company.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor investor | €0.0 | round | |
* | CNY20.0m | Seed | |
Total Funding | 000k |
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Based in Shenzhen, China, Eartech is a high-tech medical device company established in 2017. The firm concentrates on the development of intelligent hearing aid systems, leveraging core competencies in speech signal processing algorithms and the development of core DSP chips. Eartech's legal representative is Chen Fei, and its leadership includes experts from Tsinghua University, the Research Institute of Tsinghua University in Shenzhen, and Tianjin University. The company has secured significant backing through several funding rounds, with institutional investors including prominent names like Xiaomi, Dalton Venture, Qingsong Fund, and Shunwei Capital. These funds are earmarked for the development of new products and the expansion of sales channels.
Eartech's business model targets the substantial market of hearing-impaired individuals in China, a demographic that has been underserved by expensive imported hearing aids requiring offline fittings. The company addresses this gap by providing more accessible and affordable solutions. Its product ecosystem enables users to perform an online hearing test through a smartphone application and then purchase suitable devices through both online and offline channels. This direct-to-consumer approach, combined with a product price range of 1,000 to 5,000 yuan, positions Eartech as a competitive player in the market.
The core of Eartech's offering is its proprietary smart hearing aid technology, which is designed to process, classify, and clarify sounds for the user. This is achieved through a combination of advanced chip technology and voice recognition, aiming to significantly enhance the user's hearing ability. The company manufactures various models, including RIC (Receiver-In-Canal) and ITE (In-The-Ear) styles, supported by a portfolio of over 40 invention patents related to core hearing aid research and development. Beyond the physical devices, Eartech provides comprehensive customer support, including software downloads, user tutorials, and after-sales service, which are integral to its business strategy.
Keywords: hearing aid technology, medical device, Shenzhen startup, speech signal processing, DSP chip development, smart hearing aids, online hearing test, direct-to-consumer medical devices, hearing impairment solutions, audiology technology, health-tech China, venture capital-backed, Xiaomi ecosystem, therapeutic devices, assistive technology, sound processing algorithms, consumer health, digital health China, hearing solutions, MedTech