The promise of evolutionary learning has long excited AI researchers, but few applications are as meaningful as solving the complex problem of sleep. Now here comes a startup from Silicon Valley dubbed as Bryte, which claims to be creating the world’s most advanced AI-connected and robotics-powered bed. The US-based tech company has now secured a $20 million strategic investment round.
The funding was led by Tempur Sealy International, the company synonymous with the mattress industry. The two companies intend to collaborate on future products, services, and technology with the latest investment. Further, ARCHina Capital and other existing Bryte investors also participated in the funding round.
“Our mission is to empower lives through restorative sleep, which starts by reaching as many people as possible, with the most technically advanced products and first-rate services at a complete range of price points. There is simply no company in the world with a more complete and desirable portfolio of brands than Tempur Sealy, and we couldn’t be more excited about their investment,” said Luke Kelly, CEO, Bryte.
“It has long been clear to us that meaningful innovation improves sleep outcomes for millions of people. With Bryte, we have invested in a company that is committed to innovation with an elegant, seamless integrated product that we believe fits our long-term brand strategy. We are excited to form a relationship with their talented team,” said Scott Thompson, Tempur Sealy Chairman and CEO.Continue reading… “Tempur backs $20M investment for an AI-powered robot bed disrupting the future of sleep”