Sleep tech company Eight Sleep launched its new Pod 6 device on Wednesday, offering a smaller size than previous editions to fit more bed frames, along with solo sizes for one-person use.
The company said the device can adjust the temperature on either side 20% faster than the previous-generation gadget. Because the new pod has a 50% smaller footprint, Eight Sleep said it can fit most bed frames.
Eight Sleep claims the device has 9x more sensors, enabling granular temperature controls for each user even if they are sleeping close together. The company said it can also ignore data from a pet or a child sleeping on the bed with two users.
The Pod 6 is available starting today in over 37 countries, starting at $1,999 for solo sizes and at $2,699 for standard sizes. Solo sizes can fit a Twin bed and one side of Queen, King, and California King beds, while standard sizes will be available in Queen, King, and California King. The device can work with existing add-ons such as a blanket, pillow cover, and base.
Beyond sleep products, Eight Sleep is pursuing Food and Drug Administration approval to transition its Pod into a regulated medical device for sleep apnea in the US. Earlier this year, the company raised $50 million from Tether at a $1.5 billion valuation.
Eight Sleep has also expanded internationally, launching its product in China, Qatar, Bahrain, Kuwait, and Singapore in the last year, with China becoming one of its fastest-growing regions. CEO Matteo Franceschetti told TechCrunch that international markets contribute over 30% of revenue, and that the company plans to expand into other regions of Asia and Latin America.
Franceschetti said the company is keeping a keen eye on the component crunch in the electronics sector, but did not say whether it will impact pricing. "We definitely see the market changing a little bit because AI companies are requesting a lot of different components. We are adjusting our supply chain [to counter that]. It's definitely something that we need to watch out for, particularly as our devices become more and more, I would say, compute-heavy and intelligent to be able to provide AI features to our users," he said.