Douglas P. Hart, a professor of mechanical engineering at the Massachusetts Institute of Technology who sold his last start-up for a tidy $95 million, is already on to his next big thing.
On Tuesday, he expects to lock up $1.5 million in funding for his new start-up, Lantos Technologies, Bob Tedeschi reports in The New York Times. The company has developed a 3-D scanner that it hopes will streamline the current generation of earphones and hearing aids by precisely fitting them to the dimensions of the ear canal, right up to the eardrum.
“We’re hoping people will be able to walk in the store and have their ears scanned like people get their ears pierced today,” he says. “That’ll lower the cost because they don’t have to go to a specialty doctor.”
To read the full, original article click on this link: The Idea Incubator Goes to Campus - DealBook Blog - NYTimes.com