REMspace specializes in lucid dreaming research and consumer products focused on improving sleep quality and enabling lucid dreams. It develops both software and hardware for research and commercial projects, including dietary supplements and an intelligent sleeping mask that aids lucid dreaming, falling asleep, gentle awakening, meditation, dream recall, and snoring prevention. The company plans to unveil new technologies and services to further enhance customers' lucid-dreaming practices. REMspace recently closed a $1M seed round to fund development and expansion. It has hired 15 new employees, including 10 engineers, to support its product and research roadmap. The company positions its offerings within the broader "sleep economy," which the article notes is projected to reach $585 billion in 2024, and references a large online lucid-dreaming community (a Reddit forum with over half a million users) as indicative of market interest.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2024