Earable Neuroscience, a US-headquartered deep-tech company that has developed a sleep tech wearable device, has secured undisclosed bridge funding from Samsung Ventures.
Through this investment, Samsung Ventures plans to forge alliances within its local and global network to support Earable Neuroscience’s global expansion, including the Korean market.
Established in 2018 by Vietnamese founder Tam Vu, the startup’s sleep tech wearable, FRENZ Brainband, incorporates cutting-edge neuroscience technology into a consumer wearable to enhance sleep quality, improve focus, and promote relaxation.
The AI-powered device tracks and stimulates brain activity by delivering real-time personalised audio content through integrated bone-conduction speakers. The core technology was developed by scientists at the University of Colorado (USA) and Oxford University (UK).
The firm shipped its customers the first batch of products in May 2023.
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“Since day one, our vision has been to make the everyday advantages of neuroscience accessible to everyone by enhancing cognitive functions. Through precise real-time tracking and instant personalised stimulation, FRENZ holds the key to unleashing human potential, starting with the sleep experience,” stated Vu.
Prior to this, Earable secured US$6.8 million in pre-series A funding from Smilegate Investment and Peter Thiel’s Founders Found.
The company plans to initiate a Series A fundraising round in Q4 2023 to expand its operation, scale up product delivery, and expand its portfolio.
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