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ChiliSleep™ Announces Sleep Tech Collaboration With Cincinnati Reds and Seattle Mariners citizentribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citizentribune.com Daily Mail and Mail on Sunday newspapers.
CHARLOTTE – Backed by a $37 million investment from one of the world’s top investment firms, Kryo, the fast-growing Charlotte-based parent company of the sleep technology company ChiliSleep, is merging with a Pittsburgh company. It too focuses on sleep-related tech. ChiliSleep manufactures the chiliPAD and OOLER sleep system. Kryo ranked No. 615 on the 2020 Inc. 5000 list for fastest-growing small companies and the OOLER was voted the “product of the year” by Tech News World in 2019. Ebb Therapeutics, the manufacturer of the CoolDrift Luxe and CoolDrift Versa. Both companies manufacture products designed to cultivate an appropriately temperate sleep environment so individuals can achieve better sleep rhythms. ....
ChiliSleep s parent company raises $37M and merges with Ebb Therapeutics TechCrunch 12/15/2020 Anthony Ha Kryo, the company behind the ChiliSleep brand, is announcing that it has merged with another sleep technology company, Ebb Therapeutics, and also raised $37 million in new funding led by Ebb s biggest investor KKR. Founded in 2007, Kryo/ChiliSleep s products include the chiliPAD, a device designed to improve sleep by adjusting the temperature of your bed. Co-founder and CEO Tara Youngblood told me that the company has always been focused on changing sleep through temperature regulation but recently, the team has also become hungry for this software piece that will allow them to reach consumers without hardware. ....
ChiliSleep’s parent company raises $37M and merges with Ebb Therapeutics Kryo, the company behind the ChiliSleep brand, is announcing that it has merged with another sleep technology company, Ebb Therapeutics, and also raised $37 million in new funding led by Ebb’s biggest investor, KKR. Founded in 2007, Kryo/ChiliSleep’s products include the chiliPAD, a device designed to improve sleep by adjusting the temperature of your bed. Co-founder and CEO Tara Youngblood told me the company has always been focused on “changing sleep through temperature regulation” but recently, the team has also become “hungry for this software piece” that will allow them to reach consumers without hardware. ....