Rythm Raises more than $11M in Funding

Rythm_Dreem_logoRythm, a Paris, France- and San Francisco-based maker of active wearable products, raised more than $11m in funding.

Backers included French entrepreneurs Dr. Laurent Alexandre and Xavier Niel, as well as public grants.

The company intends to use the funds to grow operations.

Led by CEO and co-founder Hugo Mercier, Rythm offers Dreem, a personal neurotechnology headband designed to increase sleep quality, which is available now for $349.00 at Rythm.co and is supported via mobile apps on iOS devices.
In addition to funding, the company announced they’re conducting clinical trials with the French Armed Forces Biomedical Research Institute (IRBA) and academic research team (EA 7330, Hôtel-Dieu, Paris Descartes University) in order to assess the Dreem headband on people with unconventional sleep routines.



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