entertech

Entertech is a company focused on developing innovative brain-machine interface technology, particularly through virtual reality solutions aimed at enhancing therapeutic and educational outcomes in various sectors. Entertech specializes in brain-machine interface technology and was founded by Dave Sanderson and Haoxiang Yi. The company is headquartered in Hangzhou, China. Entertech has made 6 deals, with its most recent deal occurring on December 31, 2019, when it raised an undisclosed amount through strategic investment from Yongjia Aojit Equity Investment Management.

Entertech specializes in developing brain-machine interface technology through its virtual reality products and solutions. These offerings target challenges in healthcare, mental health, and education, providing advanced VR systems that facilitate cognitive therapy and rehabilitation. Their products enable users to engage in immersive environments promoting therapeutic outcomes and are utilized by healthcare professionals, educational institutions, and individuals seeking mental health support. Collaborations with organizations like 数药智能, HTC威爱教育, and 脑智和开启世界 expand their market reach in China and potentially internationally.

Entertech's revenue is primarily generated from product sales and strategic partnerships in the healthcare and education sectors. The company operates on a B2B model, with institutions purchasing VR systems for therapeutic applications or educational purposes. Revenue generation is further supported by collaborations with healthcare providers and educational entities, fostering long-term partnerships that contribute to financial stability. Pricing models include direct sales and subscription services for ongoing support and software updates, tailored to client needs.

Entertech plans to expand its product line by designing new virtual reality solutions aimed at enhancing cognitive therapy and educational experiences. The company is exploring entry into new markets outside China, targeting regions such as North America and Europe by 2022. The strategic investment received in December 2019 will support these initiatives, allowing Entertech to innovate its offerings and grow its client base globally.