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Eight Sleep raises $86M as its smart mattress and ‘sleep fitness’ technology approaches $500M valuation



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The venture world is — quite literally — waking up to the potential of applying artificial intelligence to a wider variety of real-world, consumer-driven problems, and today comes the latest development on that front: Eight Sleep, which makes “smart” mattresses and mattress covers for regular mattresses that use machine learning and other artificial intelligence-based algorithms to improve your sleep both by changing temperature and monitoring other physical parameters to provide an overall picture of your health, has raised $86 million in a Series C round of funding.
Valor Equity Partners — the firm that has backed the likes of Tesla, SpaceX, GoPuff and many …

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