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HoneyNaps bags $11.6M Series B funding round

HoneyNaps bags $11.6M Series B funding round
HoneyNaps bags $11.6M Series B funding round

HoneyNaps, a Seoul-based AI sleep-tech company, raised $11.6M in funding.

The round was led by Korea Industrial Bank, Hi Investment Partners, and QUAD Investment Management. The funds will be used for expanding operations and development initiatives.

With $16.2M raised to date, HoneyNaps aims to enhance its market presence and develop its diagnostics software. The company’s AI-powered SOMNUM software, FDA approved in 2023, provides rapid sleep disease diagnoses.

Founded in 2015, HoneyNaps integrates its advanced AI models with medical and healthcare markets, leveraging large-scale bio signal data for real-time diagnostics.

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