Owlet Care, a provider of an intelligent baby sleep health monitoring camera system, raised $30 million in a private placement from new and existing investors.
According to the press release, Owlet plans to use the latest proceeds for general strategic corporate purposes and to scale up its digital baby health monitoring system that provides parents with real-time data and insights about their baby’s activities and health.
Digital baby care startups
According to our funding database, digital baby care startups have raised more than $5 billion in funding to date. The latest funding funding rounds in baby care space include:
Babbly, a provider of an AI-guided baby speech and language development monitoring app for parents and caregivers, raised $2.5 million in Seed funding led by Esplanade Ventures with participation from American Family Insurance Institute and Trend Forward Capital.
ByHeart, a provider of virtual infant nutrition advisory services, raised $90 million in Series B funding led by D1 Capital, with participation from OCV Partners, Polaris Partners, Bellco Capital, Two River and Red Sea Ventures.
Click here to learn more about baby care startups.
