# Oladance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oladance

- Industry: Consumer Products
- Headquarters: Hong Kong, Hong Kong SAR - China
- Website: www.oladanceshop.com
- Latest round: Angel (Aug 7, 2023)
- Investors on record: 3

## About

Based in Kowloon, Hong Kong, and founded BY Li Haoqian in 2021, Dancing Technology Company, Limited, trading under the name Oladance operates as an electronic commerce company. In August 2023, the firm raised its angel funding co-led by investors BA Capital and BlueRun Ventures, with participation from another investor Fengqiao Capital.

The company offers a range of open-ear headphones, which, unlike in-ear earbuds, sends sound directly into the user’s ear canal, allowing awareness of the surroundings while using headphones. Oladance’s flagship product, Oladance OWS Pro, offers a natural and immersive audio experience with its patented open design that comfortably sits on the ear. The headphones utilize AI (artificial intelligence) and augmented audio technology and are designed to make oladance perfect for active athletic pursuits like running and workouts. The other products offered by the company are oladance OWS 2, oladance OWS 1, as well as accessories like OWS Pro Carry Case, OWS 1/2 Charging Case, oladance Minicase, and oladance button. Oladance headphones’ patented algorithms adjust sound energy dynamically based on listening time, volume, and environment to protect users' hearing, provide a comfortable fit, long battery life (up to 16 hours), and an IPX4 rating.

The firm generates its revenue by selling its open-ear products and accessories through its e-commerce website, such as oladance OWS Pro at USD 229.99, oladance OWS 2 at USD 149.99, OWS 1/2 Charging Case at USD 49.99, etc.

The company plans to utilize its August 2023 funding to develop new products, launch brand-building activities, and improve its technology, supply chain, and consumer services.

## Funding rounds

- Angel, Aug 7, 2023 — BlueRun Ventures, BA Capital, Fengqiao Capital

## Investors

- BlueRun Ventures (https://capitalatlas.ai/funds/bluerun-ventures) — Angel
- BA Capital (https://capitalatlas.ai/funds/ba-capital) — Angel
- Fengqiao Capital — Angel
