Sleepace, a Shenzhen-based startup for sleep quality monitoring, today announced the completion of a $7 million USD Series B financing round, led by Luolai Home Textile, a leading home textile product brand in China, and followed by e-commerce retailer JD.com.

The new round of funding will be used to improve product R&D, enhance branding and market outreach, and support the company’s overseas market expansion plans, according to the company.

Sleepace was founded by a group of Peking University alumni in 2011 as as a sleep monitoring product for babies and senior citizens. The company’s latest product is RestOn, a smart sleep monitoring device that tracks sleep health in real time.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.