The company’s CEO Matteo Franceschetti told TechCrunch that international markets contribute over 30% of revenue. He mentioned that the sleep tech company plans to expand into other regions of Asia and Latin America. Franceschetti noted that the company is keeping a keen eye on the component crunch in the electronics sector, but didn’t say whether it will impact 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 . 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.
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