Earable Neuroscience Secures Investment From Samsung Ventures

In accordance with a business release, Earable Neuroscience, a firm that has developed a sleep tech wearable gadget, has completed a bridge round of financing from Samsung Ventures Investment Corporation.

The deal's specifics are still unknown.

FRENZ Brainband, a sleep tech wearable created in 2018 by Vietnamese founder Tam Vu, blends neuroscience technology into a consumer wearable to increase sleep quality, focus, and relaxation. Scientists at the University of Colorado (USA) and Oxford University (UK) created the core technology.

Earable had previously received money from Founders Fund, Smilegate Investment, 500 Global, and a number of angel investors.

Through this investment, Samsung Ventures seeks to develop ties within its local and global network to enhance Earable Neuroscience's global market expansion, including the Korean market.

"FRENZ holds the key to unleashing human potential, beginning with the sleeping experience, through real-time precise tracking and instant personalised stimulation." "We look forward to enhancing the neuroscience platform and providing the best experience to consumers worldwide with Samsung Ventures' extensive ecosystem support and established commercial base," said Tam Vu, CEO of Earable Neuroscience.