Fullpower-AI has secured a 10-year global licensing agreement and a $25 million Series C investment from Tempur Sealy International to power the future of smartbeds. The partnership ensures the continued deployment of Fullpower-AI's Sleeptracker-AI platform across the global Tempur-Pedic smartbed ecosystem, solidifying Tempur Sealy's position as the global leader in smart sleep solutions. The agreement values Fullpower-AI at $160 million.
Fullpower-AI, a leader in AI-powered health and wellness technologies, has secured a significant milestone with Tempur Sealy International. The partnership includes a 10-year global licensing agreement and a $25 million Series C investment, valuing Fullpower-AI at $160 million [1].
The agreement ensures the continued deployment of Fullpower-AI's KOA Sleeptracker-AI Large Action Model (LAM) platform across the global Tempur-Pedic smartbed ecosystem. This technology has already equipped over 300,000 Tempur-Pedic smartbeds with real-time biosensing, personalized sleep insights, and science-backed health guidance [1].
Tempur Sealy International, a wholly-owned business of Somnigroup International Inc., is committed to improving sleep worldwide. This partnership extends their leadership in smart sleep solutions by integrating Fullpower-AI's advanced technology into their products [1].
The collaboration also includes a strategic equity investment by Somnigroup International, which acquired a 15.6% stake in Fullpower-AI. This investment extends the partnership through 2036, granting Tempur Sealy exclusive rights to embed Fullpower's Sleeptracker-AI technology in its products [2].
Fullpower-AI's KOA platform is an enterprise-grade solution designed to scale conversational and generative AI across various sectors, including health, wellness, senior living, and sleep science. The platform empowers providers to deploy autonomous AI agents with real-time reasoning and adaptive learning [1].
The partnership is expected to accelerate innovation in sleep science and personalized health monitoring worldwide, solidifying Tempur Sealy's position as a global leader in smart sleep solutions [1].
References:
[1] https://www.marketscreener.com/news/fullpower-ai-secures-10-year-global-licensing-agreement-and-strategic-investment-from-tempur-sealy-i-ce7c5edfdb81f12c
[2] https://www.stocktitan.net/news/SGI/somnigroup-international-acquires-equity-interest-in-fullpower-ai-idsdyw50v7cz.html
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