Olive Union is a consumer electronics and health care startup founded in 2016 by CEO Owen Song with a mission to remove the stigma associated with impaired hearing by offering well-designed, functional, and affordable wearables.
The company's first product, the Olive Smart Ear, was launched in January 2020. This affordable, wireless, single-ear hearing amplifier aims to revolutionize the way people with hearing impairment experience the world.
The company recently secured a significant $7.00M Series B investment on 05 April 2021. The investment was led by Beyond Next Ventures, Japan Policy Finance, Bonds Investment Group, and LITALICO.
Olive Union's slogan, "Don’t miss a thing," encapsulates their commitment to providing innovative solutions for individuals with impaired hearing, and the recent investment underscores the confidence that venture capital firms have in the company's vision and products.
With its headquarters in South Korea, Olive Union is well-positioned to continue making significant strides in the consumer electronics and healthcare industries, further solidifying its presence as a leader in the hearables market.