Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Translation Earphone Maker TimeKettle Lands RMB 7-digit Angel Funding

36Kr.com, 3/19/18

Shenzhen-based real-time translation earphone maker Timekettle Technologies recently announced completion of RMB 7-digit angel funding from Beijing-based translation solutions provider New Tranx Information Technology and Shenzhen-based Jinxi Venture Capital Management. Tian Li, CEO of Timekettle, said that funds will mainly be used for talent hiring, product upgrades, and expansion into new business domains.

Timekettle's WT2 translating earpiece is mainly aimed at international travel and business scenarios, including use by independent travelers, travel service providers and other commercial institutions, and international hotels and shops. The system includes two earpieces, a charger, and a mobile app. After initial configuration, the user can simply give one earpiece to the person with whom they are communicating, to support two-way conversation. A consumer-grade product is mainly sold overseas at a price of USD 199.

The WT2 earpiece system currently supports interaction in nine languages including English, Japanese, French, German, Spanish, Portuguese, Arabic, and Russian, and it can automatically detect the language that is being spoken. Through partnerships with translation engine companies, the WT2 system now has an accuracy rate of approximately 90%, and a time delay of between 1-3 seconds.

Keywords: wearable computer hardware Timekettle Jinxi Tian Li funding New Tranx VC

Feedback

Please note, all fields are required.
None of your personal information will be shared with third parties.

SendingSending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports