Earshots has closed a NZ$1.7 capital raise, led by Maker Capital, a pioneering early stage investment firm based in New Zealand. The round was also supported by AngelHQ, MIG Angels, Mainland Angels and various individuals. Founder and CEO James Bell-Booth said 'Having Maker Capital on board with us gives us access to incredibly smart people to assist us in realising our vision of being number one in the world'.
"Earshots has demonstrated that the MagFit technology solves a real problem, and the vision the company has to create technology that inspires people to get moving and be healthy is great to be a part of'. Maker Capital partner Rod Snodgrass.
The funds will be used to launch MagFit3 earbuds and grow the distribution globally.
