Fullive.ai raises new funding, led by China Merchants Group Venture Capital with Hillhouse investing in all three rounds

Fullive.ai, an AI sleep hardware company founded less than a year ago, has closed its third funding round. China Merchants Venture Capital led the round, while Hillhouse Capital participated in all three rounds; Zhiyuan Robotics also joined the shareholder register. The company's first product, Somni, is an AI bedside sleep lamp that uses millimeter-wave radar and environmental sensors with a response model for closed-loop sleep intervention, and it plans mass production this year. The amount was not disclosed.

Original sources (Chinese)