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Eight Sleep launches smaller, solo Pod 6 starting at $1,999

Eight Sleep launched the Pod 6 in smaller and solo sizes, starting at $1,999, with faster temperature controls, more sensors and availability in more than 37 countries. The company is also seeking FDA approval for sleep apnea and expanding internationally.

The Pod 6 adjusts temperature on either side 20 percent faster than the previous generation, according to Eight Sleep. The company said the new pod has a 50 percent smaller footprint, which allows it to fit most bed frames. It also said the device carries nine times more sensors, enabling more granular temperature control for each user even when two people sleep close together. The system can disregard data from a pet or a child sleeping on the bed with two users, the company said.

Solo sizes fit a Twin bed and one side of Queen, King, and California King beds. Standard sizes are available for Queen, King, and California King beds. Eight Sleep said the Pod 6 works with existing add-ons including a blanket, pillow cover, and base.

Beyond the product launch, Eight Sleep is seeking Food and Drug Administration approval to turn its Eight Sleep Pod into a regulated medical device for sleep apnea in the United States. The company raised $50 million from Tether earlier this year at a $1.5 billion valuation. Over the past year it has launched its product in China, Qatar, Bahrain, Kuwait, and Singapore, with China becoming one of its fastest-growing regions.

CEO Matteo Franceschetti told TechCrunch that international markets contribute more than 30 percent of revenue. He said Eight Sleep plans to expand into other parts of Asia and Latin America. Franceschetti also said the company is watching the component crunch in the electronics sector but did not say whether it would affect 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.