– USA, CA – Bryte, the leader in AI-powered restorative sleep technology, today announced $24M in Series A funding led by ARCHina Capital.
Concurrent with the financing, Bryte has also added ARCHina’s Co-Founder Amy Huang to its board.
Amy Huang is best known for investments in Luminar, the platform leading the autonomous vehicle industry, and Carbon, the 3D printing platform transforming the smart manufacturing industry. Additional investors include John Warnock, co-founder of Adobe, and Dave Mooring, former President of Rambus.
“We believe that the Bryte platform will accelerate the restorative sleep tech revolution for the entire $432bn sleep industry, much as Luminar is accelerating autonomous driving adoption across automakers and Carbon is accelerating mass customization in the manufacturing industry,” said Amy Huang. “Bryte is poised to become the Android of sleep.”
Bryte, best known for creating the world’s most advanced AI-connected and robotics-powered bed, has recently launched its platform to license its patented restorative sleep technology as a turn-key solution to accelerate widespread adoption across mattress manufacturers at scale. Bryte is now engaged with multiple global mattress manufacturers, and funding will go towards R&D and expansion across markets and price points.
The Bryte team, led by CEO, Dr. Ely Tsern is comprised of leaders in licensing, AI, software, robotics, and sleep science. Its sleep advisory board includes doctors from Stanford University and is led by Bryte’s Lead Sleep Science Advisor, Dr. Matthew Walker, Founder, and Director of the UC Berkeley Center for Human Sleep Science, and best-selling author of “Why We Sleep.”
“From immunity and recovery to mental health and physical performance, restorative sleep is the foundation of health and wellness. While most sleep technologies have focused on sleep measurement or aiding sleep onset alone, I am excited by the potential of a comprehensive platform with a holistic approach to improving sleep quality,” added Dr. Walker.
Bryte’s integrated cloud-based service employs Evolutionary Learning – an advanced form of AI – alongside Machine Learning and advanced Digital Signal Processing to autonomously craft the optimal sleep environment for each sleeper in real-time through each night.
“The promise of Evolutionary Learning has long excited AI researchers, but few applications are as meaningful as solving the complex problem of sleep,” said Bryte CTO Jonathan Farringdon, an expert in AI, biometrics, and former Director of Informatics at Bodymedia, (acquired by Jawbone).
“Our mission is to reunite people with restorative sleep and help them achieve their full sleep potential. With this funding round, our global license partners, and expanding hotel network, we are poised to propel restorative sleep technology from a nascent promise to the new standard for sleep at scale,” said Tsern. “Bryte will unlock the true restorative potential of sleep for every person.”
About Bryte
Founded in 2016 by Silicon Valley veteran John Tompane, Ely Tsern, and Jonathan Farringdon, Bryte is the leading restorative sleep technology platform powered by AI. Bryte’s turn-key hardware, software, and services platform is available to select mattress manufacturing partners for licensing, The Restorative Bed is now available to consumers through the website and select hotel and resort partners.
For more information: https://bryte.com/
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