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Belun Technology

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Belun Technology makes a wearable device for monitoring users' health while sleeping

Hong KongFounded 2016Health Tech & Medtech
Valuation $50–100M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Belun Technology and the history behind them.

About Belun Technology

Belun Technology, established in Hong Kong in 2016, operates in the medical device and health technology sectors, focusing on sleep health. The company was founded by a team of medical-device researchers, with Lydia Leung serving as the CEO. Dr. Leung holds an MPhil and PhD in Electrical and Electronic Engineering and previously worked at the Hong Kong Applied Science and Technology Research Institute (ASTRI) for 11 years, specializing in converting research into commercial products. Her motivation to co-found Belun stemmed from recognizing the high number of undiagnosed cases of Obstructive Sleep Apnea (OSA) and its link to chronic diseases like hypertension and cardiovascular issues.

The company's core offering is the Belun Sleep System, which features the Belun Ring, a medical-grade wearable device designed for home use. The system targets medical and healthcare professionals, providing a convenient and accurate method for screening and diagnosing sleep disorders. A key milestone was achieved in February 2023, when the Belun Sleep System received 510(k) clearance from the U.S. Food and Drug Administration (FDA), making it the first wearable ring with AI cleared for OSA diagnosis. The business model involves selling the Belun Ring at a low initial cost, supplemented by a required monthly subscription for each device which provides access to the AI-powered analysis and reporting platform.

The Belun Ring is worn on the finger during sleep and monitors several physiological parameters, including blood oxygen saturation (SpO2), pulse rate, and motion. This data is then analyzed by the company's proprietary AI algorithms on a cloud-based platform to generate a detailed sleep health report, which estimates the apnea-hypopnea index (AHI) and sleep stages. This approach provides a more comfortable and accessible alternative to traditional, in-lab polysomnography tests. Beyond sleep apnea diagnosis, the company has developed the Belun remoVital system for real-time remote monitoring of vital signs. Belun has established a global presence, deploying its system in multiple countries, including the US and across Asia, and has formed partnerships with global sleep labs and universities to advance research.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Hong Kong
Employees
22
Open positions
None listed
Dealroom signal
54.9/100
Industry
Health, Kids
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Monitoring, Packaging and Containers, Wearable, DT and LS, science-based
Technology
Hardware, Deep Tech, Connected Device, IoT InternetOfThings
Business model
Manufacturing
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC May 2024 $13M $52M IHH Healthcare · Gravity Capital Partners ↗
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Growth signals

Belun Technology website traffic

Latest recorded traffic for Belun Technology is 5.2K monthly website visits, up 30% over the last three months. Belun Technology's team grew 0% over the past year.

Latest monthly visits5.2K 3-month web change+30% 1-year team growth0%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • IHH Healthcare
  • Gravity Capital Partners
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇭🇰 Hong Kong55%
🇹🇼 Taiwan25%
🇬🇧 United Kingdom10%
🇨🇦 Canada5%
🇮🇳 India5%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Belun Technology on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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