US EditionCrypto firm Tether (USDT) invests $50 million in sleep tech startup Eight Sleep
Tether's $50 million investment boosts Eight Sleep's AI health tech using QVAC, aiding global expansion and clinical validation at a $1.5 billion valuation.
- On Wednesday, Tether Investments invested $50 million in Eight Sleep at a $1.5 billion valuation, according to a press release and Crunchbase data.
- To support product and clinical ambitions, Eight Sleep intends to develop AI health features using Tether's QVAC architecture for device-level processing.
- Eight Sleep's hardware and data capabilities include sensor-equipped sleep systems like the Pod product, which adjusts mattress temperature and ships to over 34 countries with over $310 million raised.
- The investment reflects Tether's broader push beyond stablecoins, as it reported more than $10 billion in net profits through 2025 and backs the $183 billion USDT stablecoin.
- Past operational problems and competition mean Eight Sleep must manage an AWS outage that forced an 'outage mode' fix while facing rivals BedJet, Chillpad, Oura, Whoop and pursuing U.S. Food and Drug Administration approvals.
15 Articles
15 Articles
Eight Sleep, an American firm specializing in dream technology, received a $50 million investment round led by Tether Investments, raising the company’s valuation to $1.5 billion. Matteo Franceschetti, co-founder and CEO of the company, noted that these resources will be used to expand the development of predictive health models, expand clinical trials and deepen business partnerships in priority markets. The company, which includes Mark Zuckerb…
–Eight Sleep, the leading dream technology company, today announced a new strategic round led by Tether Investments, which values the company at $1.5 billion. The investment will finance the expansion of Eight Sleep from sleep optimization to predictive health based on artificial intelligence, creating a system that anticipates interruptions in recovery and intervenes before they occur. The round comes after a memorable year. In 2025, Eight Slee…
Coverage Details
Bias Distribution
- 60% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
