Sleep-to-Earn mobile app Sleepagotchi completes $3.5 million funding, with participation from Shima Capital and others

ChainCatcher news, according to VentureBeat, the Web3 sleep monitoring and Sleep-to-Earn mobile application Sleepagotchi has completed a $3.5 million financing round, with investments from 6th Man Ventures, Collab+Currency, Shima Capital, 1kx, DeFi Alliance, Sfermion, Emoote, and LCA Game Guild.

Angel investors include Duolingo's Vice President of Product Cem Kansu, Santiago R. Santos, and Mona founder Justin Melillo. Serge Kassardjian, partner at 6th Man Ventures and CEO of Staytuned, will join the Sleepagotchi board as a director, while Derek Schloss, managing partner at Collab+Currency, 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 who achieve consistent sleep goals with digital collectibles, aiming to help users improve their sleep habits through game-like interactions and social elements. In November 2022, Sleepagotchi launched a closed beta version, which is now available on the iOS App Store, with Android development underway. Registration requires an access code, which can be obtained from current users, the email waitlist on the website, or participation in Discord. (Source link)