123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> General >> View Article

Honeynaps Secures $11.6m Series B, Tops Ai Sleep Tech

Profile Picture
By Author: Ben Gross
Total Articles: 433
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

HoneyNaps, a leading company in South Korea specializing in artificial intelligence (AI) sleep data analysis, recently announced the successful closure of its series B funding round, raising $11.6 million.

This latest funding round is a significant achievement, surpassing the $3.9 million raised during the series A funding round in 2021. By signing a listing contract with Korea Investment & Securities Co., Ltd. in March 2024, HoneyNaps is on track to become the top-listed company in Sleep Technology (Sleep-Tech) with its innovative AI bio signal model.

Several new investors, including Korea Industrial Bank, Hi Investment Partners, and QUAD Investment Management, participated in this round. Despite a slowdown in venture investment, the series B round closed early due to high demand, with both domestic and foreign investors showing strong interest.

Established in July 2015, HoneyNaps has raised a total of approximately $16.2 million so far, starting with seed funding of around $0.7 million secured through success-share-funding from the Ministry of SMEs and Startups in 2019. This funding round represents the largest amount raised among local Sleep-Tech companies in recent times.


More Information : https://www.techdogs.com/tech-news/pr-newswire/honeynaps-secures-a-116-million-series-b-investment-becoming-the-no-1-ranked-ai-sleep-technology-company

Total Views: 43Word Count: 178See All articles From Author

Add Comment

General Articles

1. Subkuz Hindi News Online Platform
Author: Subkuz

2. Exploring Lingerie Trends In Australia: What Brides Need To Know
Author: Jaime Murphy

3. Dental Care Abu Dhabi
Author: Aldana

4. How To Select The Best Food Delivery App Development Company For Lasting Success
Author: Elite_m_commerce

5. Caravan Booking In Delhi: A Guide To Renting Your Mobile Home For Adventure And Comfort
Author: CaravanHireinDelhiNCR

6. Video Box Pricing – Understanding The Value Of Video Plus Print
Author: videoplusprint

7. Unlock Your Digital Potential With Expert Web Development Services
Author: garvirediwal

8. Expressgiftbasketsusa – Premium Chocolate Gift Baskets Delivered Anywhere In The Usa!
Author: Sankar Roy

9. Electromechanical Companies In Uae On Tradersfind
Author: abdulkhan

10. Medical Translation Dubai: English, Arabic & More
Author: nooralhiba

11. Book Now Best Dubai Holiday Tour Package From India At Best Prices
Author: YATIKA

12. Leverage Web Scraping Service For Grocery Store Location Data
Author: iwebdatascraping

13. Wifi Connection In Tiruchendur | Sathya Fibernet
Author: Sathya Fibernet

14. Cit Exam: Certified Instructional Trainer Guide
Author: Komal

15. Community Solar Programs: How They Work And Their Benefits
Author: blogswalaindia

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: