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Fortell raises $163 million for AI hearing-aid development

Fortell raises $163 million for AI hearing-aid development Image: Primary
Fortell, an AI hearing-aid startup, recently raised $163 million from investors including Founders Fund, Thrive Capital and Antonio Gracias, according to its founder. The company aims to build hearing aids that distinguish important sounds from background noise in real time, using an AI architecture and a custom chip. It is entering a market where five companies produce 97% of hearing aids, the source said.
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Startups | TechCrunch
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Startups | TechCrunch and reviewed by the T&B editorial agent team.
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