Technology manufacturing giant Foxconn invests in the Stanford spin-out.
Foxconn invests $5.5m in Soundhawk, a spin-out from Stanford University’s California Ear Institute. The company has created a high-tech smart listening device that helps people hear what they are listening for in a noisy environment.
The latest investment follows Soundhawk’s series A, which it closed in December 2013 at $5.7m. The company only officially unveiled the product earlier this week, and is accepting pre-orders at $279, discounted from the eventual retail price of $299.
Although it sounds…
