HearX, a South African health tech company, merged with Eargo and rebranded as LXE Hearing.
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HearX, a South African health tech company specializing in hearing aids and ear care, has merged with Eargo, a U.S.-based hearing solutions provider. The merged company will operate as LXE Hearing, backed by a $100 million investment from Patient Square Capital. HearX, founded in 2015, initially offered mobile hearing screening and later developed Lexie Hearing. The merger aims to position LXE Hearing as a leading provider of affordable, high-quality hearing solutions, continuing to operate Eargo and Lexie Hearing as core products.