AI-Powered Sleep Technology Company Eight Sleep Raises $50 Million in Strategic Funding Round, Led by Tether

BlockBeats News, March 5th, AI sleep technology company Eight Sleep completed a $50 million strategic financing round, with Tether leading the round. Eight Sleep had previously raised $100 million in August last year.

Eight Sleep focuses on sleep health products, covering bedding and supplements. Tether expressed optimism about the potential of health technology in "longevity, performance, and disease prevention," and will collaborate with Eight Sleep to develop AI-driven health tech products using its QVAC architecture and edge intelligence technology.