Nuheara (ASX:NUH) has announced a successful capital raising of $3M to support its growth in the US.
The Perth-based smart hearing technology company says funds will be used to ramp up production for the rollout of its US FDA-cleared hearing aids.
Nuheara also highlighted the placement was cornerstoned by strategic investor, Taiwan-based Realtek Semiconductor Corporation.
Nuheara products are now available for sale direct to consumer, in major consumer electronics retailers, professional hearing clinics, pharmacies, and specialty retailers around the world.