Web3 sleep monitor and Sleep-to-Earn mobile app Sleepagotchi raise $3.5M

According to VentureBeat, Web3 sleep monitoring and Sleep-to-Earn mobile application Sleepagotchi completed $3.5 million in financing, invested by institutions such as 6th Man Ventures, Collab+Currency, Shima Capital, 1kx, DeFi Alliance, Sfermion, Emoote, and LCA Game Guild . Angel investors include Duolingo VP of Product Cem Kansu, Santiago R. Santos and Mona founder Justin Melillo. 6th Man Ventures partner and Staytuned CEO Serge Kassardjian will join the Sleepagotchi board as a director, and Collab+Currency managing partner Derek Schloss will join as an observer. This round of financing will be used for product development and initial scaling, with the seed round completed in September 2022. Sleepagotchi rewards users for reaching consistent sleep goals with digital collectibles, designed to help users improve their sleep habits through game-like interactive and social elements. In November 2022, Sleepagotchi launched in closed beta and is now available in the iOS app store, with Android development underway. Registration requires an access code, which can be obtained from a current user, the email waitlist on the website, or a Discord engagement.