Lunio’s parent bags US$12.5M from Vertex to sell Asia more than a good night’s sleep
Mattresses are an odd thing to sell online. People buy one perhaps once a decade, want to lie on it before paying, and rarely boast about it to friends. Lunio, a Bangkok-born mattress-in-a-box brand, spent nine years proving that Thai and Taiwanese shoppers would buy one through a screen anyway. Now its parent wants to […] The post Lunio’s parent bags US$12.5M from Vertex to sell Asia more than a…
Mattress-in-a-box brand Lunio, founded in Bangkok, secured US$12.5 million in Series A funding from Vertex Ventures Southeast Asia & India, its sole investor. The company aims to expand beyond sleep to offer ergonomics, recovery, beauty technology, and LED face masks in Asia. With over 4.3 million followers across Thailand and Taiwan, Lunio will leverage its existing credibility as a trusted mattress provider to enter new categories.
Vertex Partner Puiyan Leung sees the move as an investment in the rapidly growing Southeast Asian health and wellness market. Lunio faces competition from established mattress brands in Taiwan and legacy names in Malaysia, as well as foreign-led D2C brands in beauty technology. The company's success will depend on whether its reputation for clinically-backed, affordable sleep products can translate to other wellness products in a market still early in adopting at-home recovery and beauty devices.
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