Hearezanz raises SEK 5M
Hearezanz, a Malmö, Sweden-based startup providing software-based, personalized audio solutions, announced raising SEK 5M ($630k) in outside funding. The money comes from Almi Invest (SEK 2M) and a range of local undisclosed investors.
Hearezanz, founded in 2015 by CEO Jan Weber, started developing solutions for the hearing impaired, but soon realized that most people benefit from a better sound experience. As such, the company developed a solution using a sound optimization algorithm that can be incorporated in audio products such as headphones and mobile phones, with a nextended reach to cars and various streaming services.