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Somnigroup announces $25M investment in Fullpower to acquire 15.6% stake

Somnigroup (SGI) announced the expansion of its relationship with Fullpower-AI. As part of the expanded partnership, Tempur Sealy, a wholly-owned business of Somnigroup, is making a $25M equity investment in Fullpower to acquire an approximate 15.6% ownership stake. In addition, Tempur Sealy and Fullpower have signed a multi-year extension through 2036 of Tempur Sealy’s exclusive rights to embed Sleeptracker technology in its products.

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