Tag: mattress
Bryte raises $24m, pivots from selling $8k AI-powered mattresses to licensing its tech
Bryte today announced $24M in Series A funding led by ARCHina Capital. This comes as the company moves away from selling its $8,000 mattress direct to consumers and instead is working with partners who would utilize Bryte’s technology in their mattresses. Bryte says several deals are in the works. According…
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Casper winds down European operations and lays off 78 people
Mattress company Casper is shutting down its European operations and laying off 78 people as it focuses on “achieving profitability,” according to a statement by the company. The layoff impacts 21% of its corporate workforce globally. In the statement, the company said that it is winding down European operations to…
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