Inventure brings Beddit funding total to $8m

Beddit has previously raised capital through crowdfunding platform Indiegogo, where it raised more than $500,000 in October of last year, despite its initial target being just $80,000.

This latest funding round is expected to boost the company's presence and distribution network in Europe and the US, ahead of the Christmas shopping season.

Company
The Espoo, Finland-based company makes an ultra-thin sensor consumers place under their bed sheet.

Beddit's product monitors the user's heart rate, respiratory rate and movement during sleep, and relays the data via Bluetooth to a smartphone app that crunches the data and provides a sleep analysis and advice on how to improve sleep.

Founded in 2006, the company has offices in Finland and Silicon Valley, and employs 15 people.

People
Lasse Leppäkorpi is the founder and CEO of Beddit.

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