Olive Union Raises $20M to Expand into Digital Hearing Therapeutics
Olive Union - the company making smarter hearing health a reality for everyone - today announced the closing of a $7M Series B. The round, led by Beyond Next Ventures, Bonds Investment Groups and Japan Policy Finance Corporation, closes as Olive prepares to ship its new FDA-registered Olive Pro 2-in-1 true wireless earbuds and smart hearing aids later this year. With the current round and cumulative $20M in lifetime funding, Olive plans to expand beyond its existing hearing aids product line into new digital therapeutics for tinnitus and overall hearing health, and begin laying the foundation for its next generation of smart hearing technology.