China-based Sleepace, which has developed a sleep tracking device, raised $7 million in a round led by retail chain Luolai Home Textile with participation from ecommerce giant JD.com, according to a report in TechInAsia. This brings the company’s total funding to $10 million to date.
Sleepace’s device, called RestOn, is a thin strip that is attached to a mattress, similar to Finland-based Beddit'...
Misfit, maker of the activity tracking devices Shine and Flash, has raised $40 million from China-based strategic investors ecommerce giant JD.com and smartphone maker Xiaomi. Other new investors in the round include GGV Capital, which led the round, and Shunwei. Misift’s existing investors Founders Fund, Khosla Ventures, Horizons Ventures, and Norwest Venture Partners also participated. The...
