BPI France backs Dreem in €31m funding round

Other previous backers also participated in the round, which brings the total amount raised by Dreem to €53m.

Established by neuroscientist and CEO Hugo Mercier, the company plans on using the fresh capital to continue investing in its main product, a headband and application that measures brain activities.

The team is joined by Russell Foster, director of the Nuffield laboratory of ophthalmology, and Raphael Heinzer, director of the Lausanne centre for integrative genomics.

Company
Founded in 2014 and headquartered in Paris with an additional base in San Francisco, Dreem is a neurotechnology company that manufactures headbands that collect biofeedback and neuromodulation to improve sleep habits.

The headband and application measure brain activity through EEG, respiratory rate, and heart rate by means of sensors located on the headband. It also has bone induction sound, which lets it communicate without disturbing others, orchestrating background sound in step with the body to lull sleepers and help them remain in deep sleep for longer.

People
Dreem – Hugo Mercier (co-founder, CEO).

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